In the backdrop of slowdown in economy, Kerala is proposing to offer a package for the public sector undertakings in the state, Elamaram Kareem, industry minister informed the state assembly on Thursday. He pointed out that there was a need for the capital investment in the public sector undertakings. For this, the government would seek the co-operation of the banking sector to ensure that the PSUs investment requirements were adequately met. However, the industry minister said that most of the public sector undertakings under the industry department were making profits.
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