'Strategy in works to shield economy from geopolitical...

'Strategy in works to shield economy from geopolitical risks', says DIPAM secretary; Finance ministry reviewing PSU capex weekly

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The finance ministry is intensifying scrutiny of public sector undertakings through weekly capital expenditure reviews. These actions aim to safeguard the Indian economy from escalating geopolitical risks, according to DIPAM Secretary Arunish Chawla. Public sector enterprises now represent 15% of India's total market capitalization, with the government confident in sustaining their capital expenditure momentum amidst global uncertainty.

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