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Air India, MTNL among 56 sick CPSEs with negative net worth
short by Dharna / on Monday, 15 July, 2019
The government on Monday said 56 of its Central Public Sector Enterprises (CPSEs) were sick, having negative net worths. These loss-making public enterprises include Air India, MTNL, Bharat Coking Coal, Hindustan Cables, and Indian Drugs & Pharmaceuticals. In 2017-18, the enterprises had a collective net worth of negative ₹88,556 crore, with a total accumulated loss of ₹1.32 lakh crore.