On February 14, Governor Hari Babu Kambhampati proposed listing select state public sector undertakings (PSUs) and government-owned companies on the stock market to boost Odisha’s economy. Speaking at a review meeting with PSU heads, he emphasized that this move would enhance accountability, performance, and financial strength.
The Governor stressed the importance of transparency, timely audits, and adherence to financial norms to ensure PSUs contribute to the state’s wealth. He also urged PSU heads to hold annual general meetings and finalize accounts on time. Drawing inspiration from Gujarat’s successful PSU reforms, Kambhampati highlighted that well-managed PSUs could become valuable assets, benefiting both the public and the economy.
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