Lok Sabha Question No. 1062 (UNSTARRED), answered on 2019-02-08
Subject: Assest Expansion of Public and Private Sector
Ministry: FINANCE
Asked by: KINJARAPU RAM MOHAN NAIDU

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA

UNSTARRED QUESTION NO. 1062 TO BE ANSWERED ON 8 th  FEBRUARY, 2019

## ASSET EXPANSION OF PUBLIC AND PRIVATE SECTOR

1062. SHRI  RAM MOHAN NAIDU KINJARAPU:

Will the Minister of FINANCE be pleased to state:

- (a) whether the public sector asset expansion has been higher than the private expansion in the past four years, if so, the details thereof;
- (b) whether his Ministry has collected and evaluated data points in this regard;
- (c) If so, the details of fixed-asset growth trend in private and public sector; and
- (d) whether the Government has taken any necessary steps to address gaps between asset growth in public and private sector and if so, the details thereof?

## ANSWER

THE MINISTER OF STATE FOR FINANCE (SHRI PON RADHAKRISHNAN)

(a) to (c)  The Gross Fixed Capital Formation (GFCF) by asset & institutional sector at current (2011-12)  prices along with the Growth rate as per the data of  Central Statistics Office during the past four years from 2014-15 to 2017-18 is given in the Table 1 below:

| Table 1: Gross Fixed Capital Formation (at Current prices) (2011-12) (Rs. in Crore)   | Table 1: Gross Fixed Capital Formation (at Current prices) (2011-12) (Rs. in Crore)   | Table 1: Gross Fixed Capital Formation (at Current prices) (2011-12) (Rs. in Crore)   | Table 1: Gross Fixed Capital Formation (at Current prices) (2011-12) (Rs. in Crore)   | Table 1: Gross Fixed Capital Formation (at Current prices) (2011-12) (Rs. in Crore)   |
|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|
| Item                                                                                  | 2014-15                                                                               | 2015-16                                                                               | 2016-17                                                                               | 2017-18                                                                               |
| Public Sector                                                                         | 872482                                                                                | 1026741                                                                               | 1049204                                                                               | 1223453                                                                               |
| Growth Rate                                                                           | -                                                                                     | 17.7%                                                                                 | 2.2%                                                                                  | 16.6%                                                                                 |
| Private Sector                                                                        | 2877910                                                                               | 2930351                                                                               | 3285810                                                                               | 3673360                                                                               |
| Growth Rate                                                                           | -                                                                                     | 1.8%                                                                                  | 12.1%                                                                                 | 11.8%                                                                                 |
| Source: Central Statistics Office, MOSPI                                              | Source: Central Statistics Office, MOSPI                                              | Source: Central Statistics Office, MOSPI                                              | Source: Central Statistics Office, MOSPI                                              | Source: Central Statistics Office, MOSPI                                              |

- (d)    Government has a policy framework in place to support a healthy growth of both public and private sector.