Reportedly union Finance Minister Nirmala Sitharaman on Saturday said all pending payments related to government agencies and Public Sector Undertakings (PSUs) will be cleared by October 15. Meanwhile Nirmala Sitharaman said this after holding a high level meeting with representatives of major Public Sector Undertakings (PSU) in New delhi.
Furthermore in her statement, Finance Minister Nirmala Sitharaman said, "Payments which are pending for services rendered, goods supplied or any other work done for government agencies and the PSUs will be cleared by October 15." Perhaps the meeting was attended by senior officials of the finance ministry and heads of PSUs like Oil india, NHAI, HAL, NHPC, CIL, Indian Oil, ONGC, Power Grid, NTPC, GAIL, HPCL, Hindustan Petroleum, among others.
Moreover the meeting was aimed at reviewing the total Capital Expenditure (CAPEX) by the Central Public Sector Undertakings (CPSUs) in 2019-20 till now and plan for future CAPEX in current financial year. She said "A portal will be established before October 15 which will be accessible to the finance ministry, government agencies and other ministries and this will help them track payments and bills”.
