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Regular-article-logo Friday, 26 April 2024

Huge PSU arrears

PSUs owe the Department of Telecommunications around Rs 2.65 lakh crore

Our Special Correspondent New Delhi Published 06.02.20, 09:38 AM
GAIL India alone owes around 65 per cent of the total amount

GAIL India alone owes around 65 per cent of the total amount Shutterstock

Public sector companies owe the Department of Telecommunications (DoT) around Rs 2.65 lakh crore, with GAIL India alone owing around 65 per cent of the total amount, junior telecom and IT minister Sanjay Dhotre told Parliament on Wednesday.

The department has raised a demand notice to recover the due from 10 public sector undertakings (PSUs), he added.

In response to a question raised by MP Rajiv Ranjan Singh that whether a huge amount of dues fall on Gujarat Narmada Valley Fertilizers, GAIL, Rail Tel, Power Grid and other public sector companies, Dhotre said “Yes, sir.”

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