Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Central Public Sector Enterprises (CPSEs) and State governments also constitute the public sector.
CPSEs are of special relevance for this analysis because, in its bid to make fiscal math more transparent and relevant, the Government has shifted a portion of its off-book transactions into the fiscal accounts over the past 2-3 years.
DIPAM said that the offer-for-sale (OFS) route has been actively pursued by the government for divesting its shareholding in CPSEs.
The entire borrowing (totalling ₹650 billion each in FY21/FY22REs) by the National Highway Authority of India (NHAI) has been taken on the books by the Centre in FY23, thereby boosting the Centre’s capex and hurting that of CPSEs.