Excelsior Correspondent
JAMMU, June 8: Apex body of PSEs, SCOPE organised 45th Annual General Meeting (AGM) of its governing council.
The AGM was attended by Rakesh Kumar, Chairman, SCOPE & CMD, NLC India; Kishor Rungta, Vice Chairman, SCOPE & CMD, FACT and Dr. U.D Choubey, Director General SCOPE.
A large number of representatives including CMDs from public sector enterprises were also present on the occasion.
Chairman SCOPE in his address said it has been a very eventful year for SCOPE and highlighted various programmes conducted by SCOPE like Advanced Global Leadership, Conclave of CEOs, meeting with CVC, Trade & WTO, Startup India, Financial Communication and Investor Relations, OSH etc.
The Chairman also said that global developments are likely to open new avenues for India in terms of trade and this would pave an opportune path for PSEs to expand themselves into global horizons and meet Prime Minister’s Vision 2022.
Dr. U.D Choubey, Director General, SCOPE informed that in 2017-18, PSEs registered gross revenue of Rs. 21.5 lakh crore as compared to Rs. 19.5 lakh crore in 2016-17.
“They earned a net profit of Rs. 1.28 lakh crore as against Rs. 1.25 lakh crore the previous year,” Dr. Choubey said adding that SCOPE will be organizing a world class ‘PSE Mega Economic Summit’ that would focus on global economy and its integration with Indian economy.