Showing posts with label Mizoram. Show all posts
Showing posts with label Mizoram. Show all posts

Monday, August 3, 2015

Mizoram Cabinet approves closure of three PSUs, downsizing two others

IT may be an alarming bell to the non-performing PSUs. In a move that may not send a healthy message across the state-owned firms, be it at state level or at the national level, the Mizoram state Cabinet has approved a proposal to close down three of Mizoram’s Public Sector Enterprises and restructure and downsize two others. The key point here is that the decision to overhaul all state-owned enterprises in the state...