THE CENTRAL GOVERNMENT IS WORKING OUT A PLAN TO TAKE AWAY THE CASH RESERVES OF THE 20 CASH RICH PUBLIC SECTOR UNITS TO CUT THE FISCAL DEFICIT  TARGET BY ABOUT RS.20000 CRORE.THE GOVERNMENT HAS MANAGED TO GET A REPORT FOR THIS PLAN FROM CRISIL RESEARCH.

THE BUDJETED FISCAL DEFICIT IS A WORRY TO THE GOVERNMENT PARTICULARLY IN THE WAKE OF SHORTFALL IN TAX REVENUE COLLECTIONS AND ALSO THE GOVERNMENT MAY NOT BE ABLE TO MEET ITS DISINVESTMENT TARGET.

IT IS REPORTED THAT BY MARCH 31,2014,THE TOP 20 PSUs BY CASH HOLDING,WILL HAVE AN ESTIMATED PRE-DIVIDEND CORPUS OF AROUND RS.1,60.000 CRORE.

THE PSU LIST INCLUDED BHARAT ELECTRONICS,BHEL,BPCL,COAL INDIA,CONTAINER CORPORATION OF INDIA,ENGINEERS INDIA,GAIL,MMTC,MOIL,NALCO,NLC,NHPC,NMDC,NTPC,OIL INDIA,,ONGC,POWER GRID CORPORATION,SHIPPING CORPORATION OF INDIA,SJVN AND SAIL.