Railway Accounts Department Examinations

Showing posts with label CPSE. Show all posts
Showing posts with label CPSE. 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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