Orissa to sell 11 PSEs, restructure 8 corporations

Bhubaneswar, March 31 (PTI) Orissa government has decided to sell its 11 Public Sector Enterprises (PSEs), those were incurring heavy losses and placed eight core state PSEs under financial restructuring programme.

Responding to queries from BJD members in Orissa assembly today, Public Enterprise minister K V Singhdeo said the cumulative losses of 11 PSEs had climbed to Rs 77.50 crore by 2004-2005.

While the state government had decided to sell 10 PSEs in 2002, the decision pertaining to disposal ...

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