CCEA approval for stautory dues for loss making CPSEs

New Delhi, Dec 28 (UNI) The Cabinet Committee on Economic Affairs(CCEA) today gave its approval for budgetary support towards outstanding dues, salary and wages in respect of defaulting Central Public Sector Enterprises under the Department of Heavy Industries.

Briefing newspersons on the outcome of the CCEA decisions, an official spokersperson said here that this would help mitigate the hardships of the employees thus motivating them to achieve better output, and prepare them to achieve the goal of revival of the company.

UNI GS VD RK2005