Air India, BSNL among 43 CPSEs making losses for 3 yrs
Tuesday, March 28, 2017, 3:00 PM
As many as 43 CPSEs including Air India Ltd and BSNL have incurred losses continuously for the last three years (2013-16). Major reasons for losses include resource crunch, low capacity utilisation, oil plant and machinery, stiff competition, weak marketing and mismanagement. As per the information available in the Public Enterprises Survey 2015-16, "43 CPSEs" have incurred losses continuously for the last three years (2013-16).