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Parliamentary panel to scrutinise key aviation sector PSUs

Parliamentary panel to scrutinise key aviation sector PSUs

Time of India2 days ago
New Delhi: A parliamentary panel will undertake a detailed examination of
public sector undertakings
(PSUs) in the aviation sector, including the
Airports Authority of India
(AAI), in the wake of the June 12
Air India
plane crash. The exercise will entail a scrutiny of the financial health, corporate governance, skill and manpower and technical preparedness of the entities.
Besides the AAI, the key aviation PSUs include
Hindustan Aeronautics Ltd
,
Pawan Hans Ltd
,
National Aerospace Laboratories
, Aeronautical Development Agency, AI Airport Services Ltd and Air India Engineering Services Ltd.
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The Lok Sabha Committee on Public Undertakings, chaired by BJP leader Baijayant Panda, will also review performance and operations of more than a dozen PSUs in the defence and atomic energy sector, a major focus area for the government. India's annual defence production crossed the ₹1.5 lakh crore mark for the first time in 2024-25, up 18% year-on-year. Exports went up 12.04% to ₹23,622 crore from ₹21,083 crore during this period, with PSUs accounting for 77% of the total output.
The parliamentary committee is expected to submit its report by the end of this financial year.
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