(a) whether the Government has formulated any rules/policy for investment of funds in
the share market by Public Sector Undertaking (PSUs);
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
(a) whether the Government has formulated any rules/policy for investment of funds in
the share market by Public Sector Undertaking (PSUs);
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
THE MINISTER OF HEAVY INDUSTRIES & PUBLIC ENTERPRISES (SHRI PRAFUL PATEL)
(a): Central Public Sector Enterprises (CPSEs) have not been permitted to invest in the
share market directly. However, Government have permitted in August, 2007 Navratna and
Miniratna CPSEs to invest 30% of their surplus funds in schemes of the Securities and
Exchange Board of India (SEBI) regulated public sector mutual funds.
(b)to ( c) : Does not arise.