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State Government to restructure PSUs and Co-ops

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State Government to restructure PSUs and Co-ops

Cabinet Meeting takes decision

Hyderabad, July 7, 2006

A Cabinet Meeting chaired by the Chief Minister Dr YS Rajasekhara Reddy decided to go for reforms and restructuring in a phased manner. The list included Public Sector Units (PSU)s and Co-operative bodies. Studies would be taken up to determine the feasibility for the restructuring.

Amongst the list of institutions that go for restructuring this year includes th Andhra Pradesh State Cooperative Bank Limited, the Mineral Development Corporation Limited, Thandava Cooperative Sugars Limited, Sri Vijayarama Gajapathi Cooperative Sugar Factory, State Minorities Finance Corporation Limited and the Andhra Pradesh Womens Cooperative Finance Corporation Limited.

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Andhra Pradesh on July 7, 2006
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