Lok Sabha Question No. 1600 (UNSTARRED), answered on 2019-02-12
Subject: Merger of Loss-Making CPSUs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: RAVINDRA KUMAR PANDEY

## GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES DEPARTMENT OF PUBLIC ENTERPRISES

## LOK SABHA

UNSTARRED QUESTION NO.1600 TO BE ANSWERED ON 12.02.2019

## Merger of Loss-Making CPSUs

## 1600. SHRI RAVINDRA KUMAR PANDEY:

Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to state:

- (a) the details of the Central Public Sector Undertakings (CPSUs) running in losses during the last  three  years  and  the  amount  of  investment  made there in  as on date  along  with the net asset value thereof;
- (b) whether the NITI Aayog has requested the Government to evaluate the assets and merge the public sector undertakings running in losses with the undertakings earning profit with a view to generate resources for fresh investment;
- (c) if so, the details thereof and the reaction of the Government thereto;
- (d) whether the Government has identified such public sector undertakings; and
- (e) if so, the details thereof and if not, the time by which the process is likely to be completed?

## ANSWER

## THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI BABUL SUPRIYO)

(a):  As  per  Public  Enterprises  Surveys  for  the  year  2016-17  and  2017-18  laid  in  the

Parliament  in  the  respective  years,  52  Central  Public  Sector  Enterprises  (CPSEs)  were incurring continuous losses for the last three years i.e. 2017-18, 2016-17 and 2015-16. The

enterprise-wise details of losses for the last three years and Investment & net asset value in terms of Net Block of these CPSEs as on 31.3.2018 is given at annex.

- (b): NITI Aayog has not made any such request to the Government.
- (c) to (e): does not arise.

*****

Annex referred to in part (a) of the reply to Lok Sabha Unstarred Question No. 1600 for reply on 12.02.2019 regarding Merger of Loss-Making CPSUs.

## State-wise details of CPSEs  incurred losses continuously in the last 3 years (2017-18, 2016-17 and 2015-16 along with Investment and Net Block.

(Rs. in lakh)

| Sl. No   | Name of CPSE                                      | Continuous Loss   | Continuous Loss   | Continuous Loss   | Investmen t   | Net Block     |
|----------|---------------------------------------------------|-------------------|-------------------|-------------------|---------------|---------------|
| Sl. No   | Name of CPSE                                      | 2017-18           | 2016-17           | 2015-16           | As on 31.3.18 | As on 31.3.18 |
| 1        | Andaman &Nicobar Isl. Forest& Plant.Dev.Corp.Ltd  | -4970             | -4970             | -4970             | 31900         | 286           |
| 2        | Rashtriya Ispat Nigam Ltd.                        | -136901           | -126316           | -160372           | 1143501       | 1678264       |
| 3        | Brahamputra Crackers &Polymer Ltd.                | -8039             | -54741            | -27251            | 419289        | 782715        |
| 4        | North Eastern Regional Agri. Marketing Corp.Ltd.  | -589              | -589              | -589              | 2768          | 174           |
| 5        | Bharat Wagon &Engg. Co. Ltd.                      | -1434             | -1434             | -1526             | 10003         | 440           |
| 6        | HPCL Biofuels Ltd.                                | -7785             | -3072             | -6137             | 63248         | 50163         |
| 7        | Air India Engineering Services Ltd.               | -50516            | -50516            | -40710            | 83098         | 36895         |
| 8        | Air India Ltd.                                    | -533774           | -628154           | -383678           | 5891774       | 2650574       |
| 9        | Airline Allied Services Ltd.                      | -24429            | -28806            | -19875            | 40225         | 774           |
| 10       | Bharat Sanchar Nigam Ltd.                         | -799285           | -479321           | -485916           | 2336129       | 10628592      |
| 11       | Fresh &Healthy Enterprises Ltd.                   | -1062             | -1366             | -2591             | 14567         | 3487          |
| 12       | Handicrafts &Handloom Exports Corp. Of India Ltd. | -2361             | -3053             | -1076             | 1844          | 28129         |
| 13       | Hindustan Paper Corporation Ltd.                  | -37014            | -37014            | -37014            | 109883        | 17070         |
| 14       | Indian Vaccine Corp. Ltd.                         | -153              | -20               | -208              | 1879          | 551           |
| 15       | Kanti Bijlee Utpadan Nigam Ltd.                   | -18109            | -2195             | -5821             | 386060        | 386965        |
| 16       | Mahanagar Telephone Nigam Ltd.                    | -297303           | -294108           | -194755           | 1092271       | 801442        |
| 17       | NBCC Engineering and Consultancy Ltd.             | -209              | -17               | -8                | 100           | 3             |
| 18       | P E C Ltd.                                        | -5696             | -9284             | -114202           | 6000          | 21            |
| 19       | Prize Petroleum Company Ltd.                      | -157              | -1495             | -4888             | 24500         | 884           |
| 20       | RITES Infrastructure Services Ltd.                | -10               | -10               | -42               | 5             | 0             |
| 21       | Steel Authority Of India Ltd.                     | -48171            | -283324           | -402144           | 3390769       | 5861072       |
| 22       | TCIL Bina Toll Road Ltd.                          | -511              | -1046             | -1043             | 14079         | 11299         |
| 23       | TCIL Lakhnadone Toll Road Ltd.                    | -159              | -464              | -4                | 9287          | 8990          |
| 24       | Indian Drugs &Pharmaceuticals Ltd.                | -16894            | -15338            | -16608            | 572777        | 1087          |
| 25       | Ranchi Ashok Bihar Hotel Corpn. Ltd.              | -215              | -197              | -168              | 490           | 520           |
| 26       | BEL-Thales Systems Ltd.                           | -259              | -82               | -245              | 5762          | 494           |
| 27       | HMT Ltd.                                          | -716              | -23949            | -1714             | 152445        | 1437          |
| 28       | HMT Machine Tools Ltd.                            | -12925            | -12759            | -10666            | 32949         | 4324          |
| 29       | HMT Watches Ltd.                                  | -849              | -20356            | -15557            | 649           | 5             |
| 30       | ONGC Mangalore Petrochemicals Ltd.                | -44711            | -36619            | -64887            | 485683        | 580152        |

|   31 | STCL Ltd.                                    |   -65688 |   -56269 |   -48007 |    150 |   312 |
|------|----------------------------------------------|----------|----------|----------|--------|-------|
|   32 | BHEL Electrical Machines Ltd.                |     -602 |     -424 |     -298 |   1050 |   437 |
|   33 | Fertilizers &Chemicals (Travancore) Ltd.     |   -13052 |   -26268 |   -45219 | 241756 | 29462 |
|   34 | Hindustan Newsprint Ltd.                     |   -10165 |    -6015 |    -4361 |  10900 | 23258 |
|   35 | HLL Biotech Ltd.                             |    -4217 |     -481 |     -610 |  51886 | 29248 |
|   36 | Bharat Petro Resources Ltd.                  |   -15926 |   -20298 |    -5589 | 528981 |  6249 |
|   37 | Hindustan Organic Chemicals Ltd.             |   -19947 |   -25557 |   -17391 |  31284 | 10240 |
|   38 | Hotel Corpn. of India Ltd.                   |    -5637 |    -5957 |    -5776 |  13760 |  3758 |
|   39 | Nagaland Pulp &Paper Company Ltd.            |    -1739 |    -1739 |    -1739 |  18521 |   382 |
|   40 | Utkal Ashok Hotel Corpn. Ltd.                |      -78 |      -71 |     -197 |    480 |    90 |
|   41 | Instrumentation Ltd.                         |    -9137 |    -9137 |   -17050 |  14606 |  2012 |
|   42 | Rajasthan Drugs &Pharmaceuticals Ltd.        |     -599 |     -599 |     -599 |    499 |  1387 |
|   43 | Sambhar Salts Ltd.                           |     -258 |     -855 |     -890 |    860 |  1293 |
|   44 | Hindustan Photo Films Manufacturing Co. Ltd. |  -291716 |  -291716 |  -252791 |  44439 |  4293 |
|   45 | IDPL (Tamilnadu) Ltd.                        |     -239 |     -239 |      -73 |   6592 |  5949 |
|   46 | Hindustan Fluorocarbons Limited              |      -77 |     -385 |    -1111 |   2297 |  5170 |
|   47 | HMT Bearings Ltd.                            |     -138 |     -366 |     -809 |   3771 |     0 |
|   48 | Bharat Pumps &Compressors Ltd.               |    -8397 |    -8397 |    -7506 |  13297 |  4237 |
|   49 | British India Corporation Ltd.               |   -10498 |   -10498 |    -9724 |  11726 |   479 |
|   50 | Birds Jute &Exports Ltd.                     |     -485 |     -485 |     -464 |   2589 |    13 |
|   51 | Burn Standard Company Ltd.                   |    -3351 |    -3351 |    -2837 |  22454 | 46901 |
|   52 | The Bisra Stone Lime Company Ltd.            |    -1071 |    -1773 |    -1664 |   9330 |   114 |