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The Hindu
The Hindu
National
The Hindu Bureau

37 PSUs incurred loss of ₹6,103 crore: CAG report

CAG

Karnataka’s 37 public sector undertakings (PSUs) incurred losses to the tune of ₹6,103.96 crore for the fiscal year ending March 2020, according to a Comptroller & Auditor General (CAG) report.

In all, Karnataka has 120 PSUs employing 2.04 lakh employees. A total of 107 PSUs are working and 13 are not functional.

It said 54 PSUs earned a profit of ₹2,729.91 crore as per their latest finalised accounts as of December 2020, the CAG compliance audit report tabled in the Legislative Assembly on Tuesday said.

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