Centre urges CPSEs to stick to their capital expenditure plan

The Centre has asked large Central Public Sector Enterprises (CPSEs) to stick to their capital expenditure plan which will increase liquidity in the market and boost economic growth. 

This was emphasised by the Finance Ministry during a meeting with the Heads of Maharatna and Navratna CPSEs and Financial Advisors of infrastructure Ministries in New Delhi



yesterday. According to an official release, Capital expenditure by various CPSEs and Ministries and resolution of outstanding payments which may have been held up on account of disputes were reviewed. It said, the Finance Ministry will constantly monitor the progress of large infrastructure projects and hold follow up meetings.