Lok Sabha Question No. 3514 (UNSTARRED), answered on 2019-12-10
Subject: Closure and Disinvestment of CPSEs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: Nusrat Jahan Ruhi

## GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES & PUBLIC ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 3514

ANSWERED ON 10.12.2019

## CLOSURE AND DISINVESTMENT OF CPSES

## 3514. SHRIMATI NUSRAT JAHAN RUHI:

Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES भारी उद्योग एवं ऱोक उद्यम मंत्री be pleased to state:

- (a) the number  of  Central Public Sector Enterprises (CPSEs)  functioning under the Department of Heavy Industries (DHI) till date;
- (b) the details of the number of CPSEs disinvested/proposed to be disinvested, closed under DHI during the last five years, year and CPSE-wise; and
- (c) the reasons behind the closure and disinvestment of such CPSEs?

## ANSWER

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

- (a)  & (b): There are 31 Central Public Sector Enterprises (CPSEs) under the administrative control of Department of Heavy Industry (DHI). The list of 31 CPSEs along with the status of disinvestment and closure during the last five years is annexed.
- (c): Closure of sick / loss making CPSEs and disinvestment of CPSEs in non-strategic sector will reduce distortions in the market place and will substantially increase efficiency, making Indian  production  more  competitive  globally,  thereby  increasing  exports,  reducing  imports and creating significant new drivers for employment.

***********

## LIST OF CPSEs UNDER DHI

|   S. No. | Name of CPSE                                           | Status of Disinvestment / Closure during the last five years   |
|----------|--------------------------------------------------------|----------------------------------------------------------------|
|        1 | Andrew Yule and Company Ltd. (AYCL)                    | -                                                              |
|        2 | Bharat Heavy Electricals Ltd. (BHEL)                   | -                                                              |
|        3 | Bharat Pumps and Compressors Ltd. (BPCL)               | Under disinvestment.                                           |
|        4 | BHEL - Electrical Machines Ltd. (BHEL-EML)             | -                                                              |
|        5 | Braithwait, Burn and Jessop Construction Ltd. (BBJ)    | -                                                              |
|        6 | Bridge and Roof Company Ltd. (B&R)                     | Under disinvestment.                                           |
|        7 | Cement Corporation of India Ltd. (CCI)                 | Under disinvestment.                                           |
|        8 | Engineering Projects (India) Ltd. (EPI)                | Under disinvestment.                                           |
|        9 | H.M.T. International Ltd.                              | -                                                              |
|       10 | H.M.T. Ltd.                                            | Only Tractor Division under closure.                           |
|       11 | H.M.T. Machine Tools Ltd.                              | -                                                              |
|       12 | Heavy Engineering Corporation Ltd. (HEC)               | -                                                              |
|       13 | Hindustan Cables Ltd. (HCL)                            | Under closure.                                                 |
|       14 | Hindustan Newsprint Ltd.                               | Under disinvestment.                                           |
|       15 | Hindustan Paper Corporation Ltd. (HPC)                 | -                                                              |
|       16 | Hindustan Photo Films Manufacturing Company Ltd. (HPF) | Under closure.                                                 |
|       17 | Hindustan Salts Ltd. (HSL)                             | -                                                              |
|       18 | HMT Bearing Ltd.                                       | Under closure.                                                 |
|       19 | HMT Chinar Watches Ltd.                                | Under closure.                                                 |
|       20 | HMT Watches Ltd.                                       | Under closure.                                                 |
|       21 | Hooghly Printing Co. Ltd.(HOOGHLY)                     | -                                                              |
|       22 | Instrumentation Ltd., (ILK)                            | Kota Unit under closure.                                       |
|       23 | N.E.P.A. Ltd. (NEPA)                                   | -                                                              |
|       24 | Nagaland Pulp and Paper Company Ltd. (NPPC)            | -                                                              |
|       25 | Rajasthan Electronics and Instruments Ltd. (REIL)      | -                                                              |
|       26 | Richardson and Cruddas Ltd. (R &C)                     | -                                                              |
|       27 | Sambhar Salts Ltd. (SSL)                               | -                                                              |
|       28 | Scooters India Ltd. (SIL)                              | Under disinvestment.                                           |
|       29 | TriveniStructurals Ltd. (TSL)                          | Under liquidation.                                             |
|       30 | Tungabhadra Steel Products Ltd. (TSPL)                 | Under closure.                                                 |
|       31 | Tyre Corporation of India Ltd. (TCIL)                  | Under liquidation.                                             |

## ANNEXURE