One more successful PSU taken to cleaners by Govt

The print writes…..
Yet another instance of a successful public sector company coming to the aid of the Indian government by helping its finances – which faced a massive shortfall in tax revenues at the fag end of fiscal 2018-19 – has come to light. The state-run firm, Container Corporation of India, has made an advance freight payment of Rs 3,000 crore to Indian Railways in 2018-19 by taking a working capital loan and liquidating its investments.

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