CURRENT AFFAIRS

Detailed explanation-1: -Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation, and NTPC, the top three profit-making PSUs, contributed 15.3 percent, 9.68 percent, and 6.73 percent, respectively, to the total profit made by all profitable CPSEs.

Detailed explanation-2: -1, 23, 751 crore during 2017-18 showing a growth in overall profit of 15.52%. ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19, whereas BSNL, Air India and MTNL incurred highest losses for a third consecutive year.

Detailed explanation-3: -9, 26, 906 crore as on 31.03. 2018, showing an increase by 7.17%.

Detailed explanation-4: -Annual Public Enterprise (PE) Surveys are conducted to facilitate nodal officers from each PE to collate the financial and physical performance of Public Enterprises which is reported to Parliament and also made available online for citizens at https://dpemou.nic.in/

Detailed explanation-5: -Accordingly, the first “Annual Report” (Public Enterprises Survey) was prepared by the erstwhile Bureau of Public Enterprises (now Department of Public Enterprises) in 1960-61 giving a consolidated picture of the performance of the CPSEs.