MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES DEPARTMENT OF PUBLIC ENTERPRISES
RAJYA SABHA
UNSTARRED QUESTION NO. 1467
TO BE ANSWERED ON 10.03.2016
PSUs running in losses
1467: SHRI T. K. RANGARAJAN:
Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to state:
(a) the number of PSUs running in losses/closed down/on the verge of closure during last three years and current year, year-wise and State-wise; and (b) the details of PSUs, that have been sold during last three years, State-wise?
ANSWER
THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI G. M. SIDDESHWARA)
(a) and (b): As per information available in Public Enterprises Survey 2012-13, 2013-14 and 2014-15 laid in the Parliament in respective years, the details of loss making and closed down Central Public Sector Enterprises (CPSEs) for the last 3 years are given below:
Years Loss incurring CPSEs Closed CPSEs 2014-15 77 (1) Tyre Corporation of India Ltd. (2)Hindustan Vegetable Oils Corporation Ltd. (3) Triveni Structurals Ltd. (4) Power Equity Capital Advisors Pvt. Ltd. 2013-14 70 NIL 2012-13 78 NIL
Out of the 235 operating CPSEs, 44 CPSEs have negative net worth continuously for the last 3 years. The year-wise and State-wise detail of these CPSEs is given at Annex. No CPSE has been sold during the last three years i.e. 2014-15, 2013-14 and 2012-13. *****
Annex – 1
Annex - 1 referred to in reply to part (a) of the Rajya Sabha Unstarred Question No.1467 for reply on 10.03.2016 regarding Profit making CPSEs.
Ministry-wise list of sick CPSEs registered with BIFR as on 31.03.2015
S. CPSEs Ministry / Department No. I. Declared ‘No Longer Sick’ 1. Vignyan Industries Ltd. Ministry of Defence 2. North Eastern Regional Agri. Marktg. Corpn. Ministry of Development of North Eastern Region 3. Bharat Coking Coal Ltd. Ministry of Coal II. Dropped (Positive Networth) 4. Bharat Immunologicals & Biologicals Corpn. Department of Biotechnology Ltd. 5. Hindustan Salts Limited, Department of Heavy Industries 6. Projects and Development India Ltd. Department of Fertilizers 7. Hindustan Insecticides Ltd. Department of Chemicals & Petrochemicals 8. Hindustan Organic Chemicals Ltd. Department of Chemicals & Petrochemicals 9. Tyre Corporation of India Ltd. Department of Heavy Industries III. Dismissed as ‘Non-maintainable’ 10. Nagaland Pulp & Paper Co. Ltd. Department of Heavy Industries 11. Manipur State Drugs & Pharmaceuticals Ltd. 12. Central Coalfields Ltd. Ministry of Coal 13. Biecco Lawrie Ltd. Ministry of Petroleum IV. Scheme Sanctioned by AAIFR 14. Hindustan Vegetable Oils Corpn. Ltd. Ministry of Consumer Affairs, Food & Public Distribution, Department of Food & Public Distribution V. Revival Scheme sanctioned 15. The British India Corpn. Ltd. Ministry of Textiles 16. Braithwaite & Co. Ltd. Department of Heavy Industries 17. National Instruments Ltd. Department of Heavy Industries 18. National Jute Manufactures Corporation Ltd. Ministry of Textiles 19. Instrumentation Ltd. Department of Heavy Industries 20. Hindustan Fluorocarbons Ltd. Department of Chemicals & Petrochemicals 21. Cement Corporation of India Ltd. Department of Heavy Industries 22. Hindustan Antibiotics Ltd. Department of Pharmaceuticals 23. Eastern Coalfields Ltd. Ministry of Coal 24. Andrew Yule and Company Ltd. Department of Heavy Industries 25. Bharat Heavy Plates and Vessels Ltd. Department of Heavy Industries 26. HMT Machine Tools Ltd. Department of Heavy Industries 27. Birds Jute and Exports Ltd. Ministry of Textiles 28. ITI Ltd. Ministry of Communications & Information Technology, Department of Telecommunications VI. Winding up Recommended 29. Triveni Structurals Ltd. Department of Heavy Industries 30. Heavy Engineering Corpn. Ltd. Department of Heavy Industries 31. Orissa Drugs & Chemicals Ltd. Department of Pharmaceuticals 32. Hindustan Photofilms Mfg. Co.Ltd. Department of Heavy Industries 33. Maharashtra Antibiotics & Pharma. Ltd. Department of Chemicals & Petrochemicals VII. CPSEs recommended for winding up and have been ‘closed’ 34. Bharat Gold Mines Ltd., Ministry of Mines 35. Tannery and Footwear Corporation of India Department of Heavy Industries Ltd. 36. Cycle Corporation of India Ltd. Department of Heavy Industries 37. Mining and Allied Machinery Corporation Ltd. Department of Heavy Industries 38. National Bicycle Corporation of India Ltd. Department of Heavy Industries 39. Bharat Process and Mechanical Engineers Ltd. Department of Heavy Industries 40. Weighbird India Ltd. Department of Heavy Industries 41. Bharat Brakes & Valves Ltd. Department of Heavy Industries 42. Cawnpore Textiles Ltd. Ministry of Textiles 43. Smith Stanistreet & Pharmaceuticals Ltd. Department of Chemicals & Petrochemicals 44. Bharat Ophthalmic Glass Ltd. Department of Heavy Industries 45. Southern Pesticides Corporation Ltd. Department of Chemicals & Petrochemicals 46. Rayrolle Burn Ltd., Department of Heavy Industries 47. Pyrites, Phosphates & Chemicals Ltd. Department of Fertilizers VIII. Others / Abated / Deregistered from BIFR 48. Bharat Pumps & Compressors Ltd. Department of Heavy Industries 49. The Elgin Mills Co. Ltd. Ministry of Textiles IX. Draft Revival Scheme (DRS) Awaited 50. Indian Drugs and Pharmaceuticals Ltd. Department of Chemicals & Petrochemicals 51. Scooters India Ltd. Department of Heavy Industries 52. Richardson & Cruddas (1972) Ltd. Department of Heavy Industries 53. Fertilizers Corpn. of India Ltd. Department of Fertilizers 54. Hindustan Fertilizer Corpn. Ltd. Department of Fertilizers 55. Burn Standard Co. Ltd. Department of Heavy Industries 56. NEPA Ltd. Department of Heavy Industries 57. Bharat Wagon & Engg. Co. Ltd. Ministry of Railway 58. Hindustan Cables Ltd. Department of Heavy Industries 59. Tungabhadra Steel Products Ltd. Department of Heavy Industries 60. HMT Bearings Ltd. Department of Heavy Industries 61. Madras Fertilizer Ltd. Department of Fertilizers X. Failed & Reopened 62. Bengal Chemicals & Pharmaceuticals Ltd. Department of Pharmaceuticals XI. Remanded by AAIFR 63. Bengal Immunity Ltd. Department of Chemicals & Petrochemicals