134 views 30 secs 0 comments

Bad days for FACT in Kerala; planning agency recommends sale

In Business, News
June 15, 2016

FACT Aluva
New Delhi: FACT in Kerala is among the 32 public sector units recommended for closure or disinvestment by NITI Aayog, the national planning agency, as part of PSU reforms in the country.

NITI Aayog has has prepared two lists of public sector companies. List 1 include sick PSUs which may be closed down and the List 2 includes units which should be privatsed.