Railway Accounts Department Examinations

Showing posts with label Central Public Sector Enterprises. Show all posts
Showing posts with label Central Public Sector Enterprises. Show all posts

Monday, September 4, 2023

What is a CPSE ?

  

 

What is a CPSE?  

 

  • CPSE stands for Central Public Sector Enterprise

 

  • A company under the Administrative control of the Central Ministry/Department  

 

  • Equity Holding - More than 50% - By the Government. 

 

  • Subsidiaries of CPSEs - Also called as CPSE, if more than 50% Equity holding by CPSE 

 

  •  Statutory Corporations like the Airport Authority of India, FCI, etc. also come under the ambit of CPSE 

 

  • Examples of Railways CPSEs - RITES, IRCON, IRCTC etc.,  

 

  • However, the Departmentally run Public Enterprises, Banking Institutions, and Public Insurance companies do not come under CPSEs 

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