Posted 10/17/2023, 10:22:26 AM
Goyal to Decide Fate of MMTC, STC and PEC - Former Canalising Agencies for Trade
- Union Commerce Minister Piyush Goyal to chair high-level meeting on Oct 23 to discuss closing 3 government firms
- Firms under consideration for closure MMTC, STC, PEC
- Goyal to decide fate of firms previously canalising agencies for trade
- MMTC's license as stockbroker cancelled by SEBI in Aug 2023 for involvement in NSEL scam
- STC was canalising agency for imports of edible oils, pulses, sugar, wheat
- PEC was canalising agency for machinery, railway equipment exports and imports