SDG 8: Decent Work and Economic Growth | SDG 9: Industry, Innovation & Infrastructure
Institution: Ministry of Finance
At the CII Public Sector Enterprises (PSE) Council meeting, the Department of Public Enterprises (DPE) reported strong performance by Indian public sector undertakings (PSUs) over the last decade. Paid-up capital increased from ₹1.98 lakh crore to ₹5.94 lakh crore, a 200 percent rise, while net profits grew from ₹1.29 lakh crore to ₹3.22 lakh crore, reflecting a 150 percent increase.
The review underlined the strengthening role of PSUs as pillars of India’s economy, with notable contributions to exports and industrial capacity. The council highlighted adoption of artificial intelligence and digital technologies as critical for improving efficiency and competitiveness in global markets. Discussions also stressed benchmarking PSU practices against domestic private players and international peers to enhance innovation and resilience.
The session addressed challenges of attracting top talent to PSUs amid growing private sector opportunities and called for repositioning public enterprises as autonomous, competitive, and collaborative institutions. The PSE Council, established by CII in 2007, continues to serve as a platform for strategic engagement between PSU leadership and industry stakeholders.
Relevant question for policy stakeholders:
How can India leverage technology and governance reforms to position PSUs as globally competitive enterprises while sustaining profitability and attracting top talent?
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