PSU closure: Govt sets in motion new move after years wasted in stop-start process
- Posted on May 25, 2026
- By Business News Today
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- 1 min read
PSU closure: Govt sets in motion new move after years wasted in stop-start process
The Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy approved eight years ago. Only one company has effectively ceased operations. The government aims to expedite these closures, addressing concerns over delays in both disinvestment and shutdown processes.
