Lok Sabha Question No. 4543 (UNSTARRED), answered on 2021-03-23
Subject: Loss Making CPSUs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: Bharti Pravin Pawar

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

## LOK SABHA

## UNSTARRED QUESTION NO. 4543 TO BE ANSWERED ON 23.03.2021

## Loss Making CPSUs

## 4543: DR. BHARATI PRAVIN PAWAR:

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 therein 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 started/completed?

## ANSWER

## MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI ARJUN RAM MEGHWAL)

a)  The  details  of  the  Central  Public  Sector  Enterprises  (CPSEs)  running  in  losses  during  the  last three  financial  years  continuously  and  the  amount  of  investment  made  therein  as  on  31.03.2020 along with the total asset value is at Annexure.

b) to e) NITI Aayog has informed that, it has neither requested the Government, nor recommended 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. CPSEs function under  the  administrative  control  of  respective  Ministries/Departments.  All  matters  relating  to revival/  restructuring/closure  of  CPSEs  are  dealt  by  the  concerned  administrative  Ministries/ Departments. The concerned administrative Ministries/Departments also formulate revival/restructuring plans for such CPSEs on a case-to-case basis and after obtaining the approval of  competent  authority  implement  the  plan.    The  Department  of  Public  Enterprises  (DPE)  has issued guidelines on 29.10.2015 for 'Streamlining the mechanism for revival and restructuring of sick/  incipient  sick  and  weak  CPSEs.  As  per  the  guidelines,  the  administrative  Ministries/ Departments  are  responsible  to  monitor  the  sickness  of  CPSEs  and  identify  the  sick/incipient sick/weak  CPSEs  functioning  under  their  control  based  on  the  performance  and  take  timely redressal measures.

*****

## List of CPSEs incurred losses in last  3 years continuously based on 2019-20 along with Financial Investment and Total Assets

( ` Lakhs)

|   Sl. No. | CPSEs Name                                       |   Financial Investment as on 31.03.2020 |   Total Assets as on 31.03.2020 |
|-----------|--------------------------------------------------|-----------------------------------------|---------------------------------|
|         1 | AIR INDIA ENGINEERING SERVICES LTD.              |                                   16667 |                          190369 |
|         2 | AIR INDIA LTD.                                   |                                 4096517 |                         5235218 |
|         3 | ALLIANCE AIR AVIATION LTD.                       |                                  256737 |                          256720 |
|         4 | BHARAT IMMUNOLOGICALS &BIOLOGICALS CORP. LTD.    |                                    4318 |                           12683 |
|         5 | BHARAT PETRO RESOURCES LTD.                      |                                  756240 |                          610986 |
|         6 | BHARAT PUMPS &COMPRESSORS LTD.                   |                                    7831 |                           16030 |
|         7 | BHARAT SANCHAR NIGAM LTD.                        |                                 3233878 |                        14676081 |
|         8 | BHEL ELECTRICAL MACHINES LTD.                    |                                    1050 |                            2104 |
|         9 | BPCL-KIAL FUEL FARM PVT. LTD.                    |                                    1709 |                            4944 |
|        10 | BRITISH INDIA CORPORATION LTD.                   |                                   11465 |                           12164 |
|        11 | CENTRAL COTTAGE INDUSTRIES CORPN. OF INDIA LTD.  |                                    1165 |                            7228 |
|        12 | CHHATTISGARH EAST RAILWAYS LTD.                  |                                  232251 |                          237056 |
|        13 | FRESH &HEALTHY ENTERPRISES LTD.                  |                                   21501 |                            4039 |
|        14 | HANDICRAFTS&HANDLOOM EXPORTS CORP. OF INDIA LTD. |                                    2829 |                           29579 |
|        15 | HINDUSTAN NEWSPRINT LTD.                         |                                   11208 |                           26510 |
|        16 | HLL BIOTECH LTD.                                 |                                   58908 |                           52686 |
|        17 | HMT MACHINE TOOLS LTD.                           |                                   27660 |                           43661 |
|        18 | HOOGHLY PRINTING COMPANY LTD.                    |                                     103 |                             213 |
|        19 | HOTEL CORPN. OF INDIA LTD.                       |                                   13760 |                           15520 |
|        20 | HPCL BIOFUELS LTD.                               |                                   90992 |                           73768 |
|        21 | IDPL (TAMILNADU) LTD.                            |                                    6592 |                            6717 |
|        22 | INDIAN VACCINE CORP. LTD.                        |                                    1879 |                             987 |
|        23 | IRCON SHIVPURI GUNA TOLLWAY LTD.                 |                                   69087 |                           65606 |
|        24 | MADRAS FERTILIZERS LTD.                          |                                   21342 |                          152779 |
|        25 | MAHANAGAR TELEPHONE NIGAM LTD.                   |                                 1340518 |                         1665608 |
|        26 | NAGALAND PULP &PAPER COMPANY LTD.                |                                   18521 |                           10966 |
|        27 | NAINI AEROSPACE LTD.                             |                                    5000 |                            4211 |
|        28 | NATIONAL TEXTILE CORPN. LTD.                     |                                  306216 |                          331795 |
|        29 | NBCC ENGINEERING AND CONSULTANCY LTD.            |                                     100 |                             469 |
|        30 | NORTH EASTERN REGIONAL AGRI. MARKETING CORP.LTD. |                                    3265 |                            3045 |
|        31 | ORISSA MINERAL DEVELOPMENT COMPANY LTD.          |                                      60 |                           47946 |
|        32 | P E C LTD.                                       |                                    6000 |                           18048 |
|        33 | POWERGRID NMTRANMISSION LTD.                     |                                  136731 |                          127644 |
|        34 | PUNJAB LOGISTIC INFRASTRUCTURE LTD.              |                                   26852 |                           25212 |
|        35 | RANCHI ASHOK BIHAR HOTEL CORPN. LTD.             |                                     490 |                             556 |
|        36 | SAMBHAR SALTS LTD.                               |                                     974 |                            3746 |
|        37 | SCOOTERS INDIA LTD.                              |                                    9928 |                            8495 |
|        38 | STCL LTD.                                        |                                     150 |                             401 |
|        39 | TCIL BINA TOLL ROAD LTD.                         |                                   11818 |                            7370 |
|        40 | TCIL LAKHNADONE TOLL ROAD LTD.                   |                                    9560 |                            8765 |
|        41 | THE BISRA STONE LIME COMPANY LTD.                |                                    9030 |                            2290 |
|        42 | UTKAL ASHOK HOTEL CORPN. LTD.                    |                                     480 |                             236 |
|        43 | VISAKHAPATANAM PORT LOGISTICS PARK LTD.          |                                   21414 |                           21218 |

List of CPSEs incurred losses in last  3 years continuously based on 2019-20 along with Financial Investment and Net Fixed Assets

## ( ` Lakhs)

|   Sl. No. | CPSEs Name                                       |   Financial Investment as on 31.03.2020 |   Net Fixed Assets as on 31.03.2020 |
|-----------|--------------------------------------------------|-----------------------------------------|-------------------------------------|
|         1 | AIR INDIA ENGINEERING SERVICES LTD.              |                                   16667 |                               33942 |
|         2 | AIR INDIA LTD.                                   |                                 4096517 |                             2554793 |
|         3 | ALLIANCE AIR AVIATION LTD.                       |                                  256737 |                              191446 |
|         4 | BHARAT IMMUNOLOGICALS &BIOLOGICALS CORP. LTD.    |                                    4318 |                                 447 |
|         5 | BHARAT PETRO RESOURCES LTD.                      |                                  756240 |                               10625 |
|         6 | BHARAT PUMPS &COMPRESSORS LTD.                   |                                    7831 |                                2974 |
|         7 | BHARAT SANCHAR NIGAM LTD.                        |                                 3233878 |                            10314188 |
|         8 | BHEL ELECTRICAL MACHINES LTD.                    |                                    1050 |                                 345 |
|         9 | BPCL-KIAL FUEL FARM PVT. LTD.                    |                                    1709 |                                4584 |
|        10 | BRITISH INDIA CORPORATION LTD.                   |                                   11465 |                                 306 |
|        11 | CENTRAL COTTAGE INDUSTRIES CORPN. OF INDIA LTD.  |                                    1165 |                                1079 |
|        12 | CHHATTISGARH EAST RAILWAYS LTD.                  |                                  232251 |                               59368 |
|        13 | FRESH &HEALTHY ENTERPRISES LTD.                  |                                   21501 |                                2787 |
|        14 | HANDICRAFTS&HANDLOOM EXPORTS CORP. OF INDIA LTD. |                                    2829 |                               27922 |
|        15 | HINDUSTAN NEWSPRINT LTD.                         |                                   11208 |                               17650 |
|        16 | HLL BIOTECH LTD.                                 |                                   58908 |                               24879 |
|        17 | HMT MACHINE TOOLS LTD.                           |                                   27660 |                                4736 |
|        18 | HOOGHLY PRINTING COMPANY LTD.                    |                                     103 |                                  83 |
|        19 | HOTEL CORPN. OF INDIA LTD.                       |                                   13760 |                                5118 |
|        20 | HPCL BIOFUELS LTD.                               |                                   90992 |                               50925 |
|        21 | IDPL (TAMILNADU) LTD.                            |                                    6592 |                                5949 |
|        22 | INDIAN VACCINE CORP. LTD.                        |                                    1879 |                                 210 |
|        23 | IRCON SHIVPURI GUNA TOLLWAY LTD.                 |                                   69087 |                               65094 |
|        24 | MADRAS FERTILIZERS LTD.                          |                                   21342 |                               19872 |
|        25 | MAHANAGAR TELEPHONE NIGAM LTD.                   |                                 1340518 |                              675633 |
|        26 | NAGALAND PULP &PAPER COMPANY LTD.                |                                   18521 |                                 382 |
|        27 | NAINI AEROSPACE LTD.                             |                                    5000 |                                 598 |
|        28 | NATIONAL TEXTILE CORPN. LTD.                     |                                  306216 |                               75067 |
|        29 | NBCC ENGINEERING AND CONSULTANCY LTD.            |                                     100 |                                   0 |
|        30 | NORTH EASTERN REGIONAL AGRI. MARKETING CORP.LTD. |                                    3265 |                                 136 |
|        31 | ORISSA MINERAL DEVELOPMENT COMPANY LTD.          |                                      60 |                                2694 |
|        32 | P E C LTD.                                       |                                    6000 |                                  13 |
|        33 | POWERGRID NMTRANMISSION LTD.                     |                                  136731 |                              116439 |
|        34 | PUNJAB LOGISTIC INFRASTRUCTURE LTD.              |                                   26852 |                               23982 |
|        35 | RANCHI ASHOK BIHAR HOTEL CORPN. LTD.             |                                     490 |                                 514 |
|        36 | SAMBHAR SALTS LTD.                               |                                     974 |                                1064 |
|        37 | SCOOTERS INDIA LTD.                              |                                    9928 |                                1775 |
|        38 | STCL LTD.                                        |                                     150 |                                   1 |
|        39 | TCIL BINA TOLL ROAD LTD.                         |                                   11818 |                                7258 |
|        40 | TCIL LAKHNADONE TOLL ROAD LTD.                   |                                    9560 |                                8683 |
|        41 | THE BISRA STONE LIME COMPANY LTD.                |                                    9030 |                                  69 |
|        42 | UTKAL ASHOK HOTEL CORPN. LTD.                    |                                     480 |                                  85 |
|        43 | VISAKHAPATANAM PORT LOGISTICS PARK LTD.          |                                   21414 |                               20380 |