Lok Sabha Question No. 207 (UNSTARRED), answered on 2018-12-11
Subject: Loss Making PSUs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: LAXMI NARAYAN YADAV

## MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES

## GOVERNMENT OF INDIA DEPARTMENT OF PUBLIC ENTERPRISES LOK SABHA UNSTARRED QUESTION No.207 TO BE ANSWERED ON 11.12.2018

## Loss Making PSUs 207:  SHRI  LAXMI  NARAYAN  YADAV:

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

- (a)  whether Public Sector Undertakings are running into losses due to high input cost;
- (b) if so, the details thereof along with the reaction of the Government thereto PSUwise;
- (c) whether the Government has fixed the responsibility of any official in this regard;
- (d) if so, the details thereof and if not, the reasons therefor; and
- (e) the steps being taken by the Government in this regard?

## ANSWER

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

(a)  to  (e): As  per  information  available  from  the  Central  Public  Sector  Enterprises (CPSEs), there were 71 CPSEs which have incurred losses in the year 2017-18. The details of  losses  of  loss  making  CPSEs  are  given  in  Annex.  The  reasons  for  losses  vary  from CPSE to CPSE. Some common reasons for losses in CPSEs  include resource crunch, low productivity,  unsustainable  business  operations,  old  and  obsolete  plant  &  machinery, outdated technology, low capacity utilization, excess manpower, poor market conditions, stiff competition, heavy interest burden, high input cost etc. The concerned administrative Ministries  /  Departments  regularly  review  the  performance  of  the  CPSEs  under  their control and take appropriate steps as they consider necessary.

The day to day functioning and strategic management of CPSEs is handled by the Board of Directors  and  the  respective  administrative  ministries.  Monitoring  and  evaluation  of  the performance of CPSEs is also done annually through the MoU system.

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## Annex referred to in parts (a) & (b) to Lok Sabha Unstarred Question No. 207 for reply on 11.12.2018 regarding Loss Making PSUs.

## Details of  losses of loss making Central Public Sector Enterprises during 2017-18

| Sl. No. Name   | Sl. No. Name                                     |   (Rs.in lakh) |
|----------------|--------------------------------------------------|----------------|
| ___ 1          | Andaman &Nicobar Isl. Forest &Plant.Dev.Corp.Ltd |           4970 |
| 2              | HPCL Biofuels Ltd.                               |           7785 |
| 3              | Bharat Coking Coal Ltd.                          |         139122 |
| 4              | Eastern Coalfields Ltd.                          |          93117 |
| 5              | Western Coalfields Ltd.                          |         175650 |
| 6              | Bharat Petro Resources Ltd.                      |          15926 |
| 7              | Prize Petroleum Company Ltd.                     |            157 |
| 8              | Orissa Mineral Development Company Ltd.          |          25296 |
| 9              | The Bisra Stone Lime Company Ltd.                |           1071 |
| 10             | Rashtriya Ispat Nigam Ltd.                       |         136901 |
| 11             | Steel Authority of India Ltd.                    |          48171 |
| 12             | Fertilizers &Chemicals (Travancore) Ltd.         |          13052 |
| 13             | Madras Fertilizers Ltd.                          |           4481 |
| 14             | Bharat Immunologicals &Biologicals Corp. Ltd.    |            426 |
| 15             | Brahamputra Crackers &Polymer Ltd.               |           8039 |
| 16             | Hindustan Fluorocarbons Limited                  |             77 |
| 17             | Hindustan Organic Chemicals Ltd.                 |          19947 |
| 18             | HLL Biotech Ltd.                                 |           4217 |
| 19             | IDPL (Tamilnadu) Ltd.                            |            239 |
| 20             | Indian Drugs &Pharmaceuticals Ltd.               |          16894 |
| 21             | Indian Vaccine Corp. Ltd.                        |            153 |
| 22             | ONGC Mangalore Petrochemicals Ltd.               |          44711 |
| 23             | Rajasthan Drugs &Pharmaceuticals Ltd.            |            599 |
| 24             | BEL-Thales Systems Ltd.                          |            259 |
| 25             | Bharat Pumps &Compressors Ltd.                   |           8397 |
| 26             | Bharat Wagon &Engg. Co. Ltd.                     |           1434 |
| 27             | BHEL Electrical Machines Ltd.                    |            602 |
| 28             | Burn Standard Company Ltd.                       |           3351 |
| 29             | HMT Bearings Ltd.                                |            138 |
| 30             | HMT Ltd.                                         |            716 |
| 31             | HMT Machine Tools Ltd.                           |          12925 |
| 32             | HMT Watches Ltd.                                 |            849 |
| 33             | Instrumentation Ltd.                             |           9137 |
| 34             | Naini Aerospace Ltd.                             |           1063 |
| 35             | Scooters India Ltd.                              |           1862 |
| 36             | Hindustan Newsprint Ltd.                         |          10165 |

37 Hindustan Paper Corporation Ltd. 37014 38 Hindustan Photo Films Manufacturing Co. Ltd. 291716 39 HLL Lifecare Ltd. 6958 40 Hooghly Printing Company Ltd. 354 41 Nagaland Pulp & Paper Company Ltd. 1739 42 Sambhar Salts Ltd. 258 43 Birds Jute & Exports Ltd. 485 44 British India Corporation Ltd. 10498 45 National Textile Corpn. Ltd. 30694 46 Kanti Bijlee Utpadan Nigam Ltd. 18109 47 POWERGRID NM Tranmission Ltd. 8314 48 Central Cottage Industries Corpn. of India Ltd. 2174 49 Handicrafts & Handloom Exports Corp. of India Ltd. 2361 50 North Eastern Regional Agri. Marketing Corp.Ltd. 589 51 P E C Ltd. 5696 52 STCL Ltd. 65688 53 Air India Engineering Services Ltd. 50516 54 Air India Ltd. 533774 55 Airline Allied Services Ltd. 24429 56 Fresh & Healthy Enterprises Ltd. 1062 57 Punjab Logistic Infrastructure Ltd. 1213 58 SIDCUL CONCOR Infra Company Ltd. 1110 59 Broadcast Engg. Consultants India Ltd. 428 60 IRCON Shivpuri Guna Tollway Ltd. 7 61 NBCC Engineering And Consultancy Ltd. 209 62 RITES Infrastructure Services Ltd. 10 63 TCIL Bina Toll Road Ltd. 511 64 TCIL Lakhnadone Toll Road Ltd. 159 65 Donyi Polo Ashok Hotel Ltd. 129 66 Hotel Corpn. of India Ltd. 5637 67 Ranchi Ashok Bihar Hotel Corpn. Ltd. 215 68 Utkal Ashok Hotel Corpn. Ltd. 78 69 India Infrastructure Finance Co. Ltd. 115461 70 Bharat Sanchar Nigam Ltd. 799285 71 Mahanagar Telephone Nigam Ltd. 297303 Total                     3126082