Sick PSUs not Paid Wages to Staff Since October, 2012..!


India's  Eight sick Public Sector Units (PSUs), including HMT Watches &  Hindustan Cables Ltd, have not paid salaries to their employees since October 2012, Parliament was informed on recently.

Eight PSUs, under the administrative control of the Department, have not made payment of salaries to their employees, since October 2012, Minister of Heavy Industries and Public Enterprises Mr. Praful Patel said in a written reply in the Lok Sabha.

These state-owned units are HMT Watches, HMT Chinar Watches, HMT Bearings,Triveni Structurals, Tungabhadra Steel Products, NEPA, Hindustan Cables Ltd and Hindustan Photo Films Manufacturing.These PSUs are not been able to make payment.
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