Anant Geete - ‘Need for better coordination’

Mumbai: Union industries minister Anant Geete on Friday called for better coordination among central public sector undertakings (CPSUs)for the development of the nation. “There are 290 CPSUs which have a collective surplus of more than Rs. 2 lakh crore over the past two years. But there is no coordination between them and so they cannot help each other in case they require funds for taking up new projects and nation’s development,” Mr Geete said at an event organised by IEEMA. The Shiv Sena MP also said the ministry is working towards bringing in coordination between all the CPSUs.