Lok Sabha Question No. 2411 (UNSTARRED), answered on 2021-03-09
Subject: CPSEs in Karnataka
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: Umesh G. Jadhav

## MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES

## GOVERNMENT OF INDIA DEPARTMENT OF PUBLIC ENTERPRISES

## LOK SABHA

## UNSTARRED QUESTION No. 2411

## TO BE ANSWERED ON 09.03.2021

## CPSEs in Karnataka

## 2411. DR.UMESH G.JADHAV:

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

- (a)  the  details  of  Central  Public  Sector  Enterprises  (CPSEs)  established  in  Karnataka  till date;
- (b)  whether  the  Government  has  identified  land  for  disposal  regarding  those  CPSEs  that have been earmarked for closure;
- (c)  if  so,  the  details  thereof  along  with  the  guidelines  issued  for  disposal  of  land  and  the current status of the same;
- (d) the details regarding proceeds realised from disposal of assets of such CPSEs; and
- (e) the other new initiatives taken by the Government for CPSEs during the last three years in Karnataka?

## ANSWER

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

(a): As per information available with Department of Public Enterprises,  there are  19 Central Public Sector Enterprises (CPSEs) which have Registered Office in the State of Karnataka as on 31.3.2020. Details of such CPSEs are given in Annex-I

(b) to (d): As per the information available with Department of Public Enterprises(DPE), out of these  19    CPSEs,  3  CPSEs  namely  HMT  Watches  Ltd.,  STCL  Ltd.  and  Tungabhadra  Steel Products Ltd. having Registered Office in the State of Karnataka  have been approved for closure by  the  Government.  The  detail  of  status  of  disposal  of  land  of  these  three  CPSEs  is  given  in Annex-II.

DPE  has  issued  guidelines  on  14 th June,2018  to  all  the  administrative  Ministries/ Departments of CPSEs on time bound closure of sick / loss making CPSEs and disposal of their movable  and  immovable  assets. As  per these guidelines, the administrative Ministry / Department  / CPSE  in  consultation  with  Land  Management  Agency  (LMA)  identifies/

undertakes sale/ transfer of land of CPSE under closure. DPE does not centrally maintain data on disposal of land and other assets of CPSEs and amount realized thereof.

- (e):              In  addition  to  the  aforesaid  closure  guidelines  issued  on  14.06.2018,  DPE  has  taken initiatives  for  CPSEs  in  respect  of  evaluation  and  monitoring  the  performance  of  CPSEs  and Capacity Building programmes for executives and senior management of CPSEs. These are also applicable to CPSEs located in Karnataka.

* * *

## Annexure-I referred to in part (a) of reply to Lok Sabha Unstarred Question No.2411 due for answer on 09.03.2021

## List of CPSEs having Registered Office in the State of Karnataka

| Sl. No.   | NAME OF THE MINISTRY/ DEPARTMENT/ CPSEs     |
|-----------|---------------------------------------------|
|           | DEPT. OF SPACE                              |
| 1         | ANTRIX CORPORATION LTD.                     |
|           | D/O PHARMACEUTICALS                         |
| 2         | KARNATAKA ANTIBIOTICS &PHARMACEUTICALS LTD. |
|           | D/OCOMMERCE                                 |
| 3         | KARNATAKA TRADE PROMOTION ORGANISATION      |
| 4         | STCL LTD.                                   |
|           | D/O TELECOMMUNICATIONS                      |
| 5         | I T I LTD.                                  |
|           | D/O DEFENCE PRODUCTION                      |
| 6         | BEL-THALES SYSTEMS LTD.                     |
| 7         | BEML LTD.                                   |
| 8         | BHARAT ELECTRONICS LTD.                     |
| 9         | HINDUSTAN AERONAUTICS LTD.                  |
| 10        | NAINI AEROSPACE LTD.                        |
| 11        | VIGNYAN INDUSTRIES LTD.                     |
|           | D/O HEAVY INDUSTRIES                        |
| 12        | HMT (INTERNATIONAL) LTD.                    |
| 13        | HMT LTD.                                    |
| 14        | HMT MACHINE TOOLS LTD.                      |
| 15        | HMT WATCHES LTD.                            |
| 16        | TUNGABHADRA STEEL PRODUCTS LTD.             |
|           | MINISTRY OF PETROLEUM&NATURAL GAS           |
| 17        | MANGALORE REFINERY &PETROCHEMICALS LTD.     |
| 18        | ONGC MANGALORE PETROCHEMICALS LTD.          |
|           | MINISTRY OF STEEL                           |
| 19        | KIOCL LTD.                                  |

## Annexure-II  referred  to  in  part  (b)  to  (d)  of  reply  to  Lok  Sabha  Unstarred  Question No.2411 due for answer on 09.03.2021

## Details  of  land  assets  of  3  CPSEs  having  (Registered  Office  in  the  State  of  Karnataka) approved for closure by the Government

| Sl.no.   | CPSE                                                                     | Total extent of land                                                                                                                                                                                                                                                                        | Status of disposal                                                                                                                                                                                          |
|----------|--------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          | Department of Heavy Industry                                             |                                                                                                                                                                                                                                                                                             |                                                                                                                                                                                                             |
| 1        | HMT Watches Limited (Approved for closure on 06.01.2016)                 | The Company has approx.. 301.65 acres of land of which 209.35 acres is in Bangalore and Tumkur and 92.30 acres in Ranibagh. The entire 209.35 acres of land at Bangalore and Tumkur is freehold. At Ranibagh, 45.62 acres is freehold and the remaining 46.68 acres land is leasehold land. | Tumkur land (109.823 acres) of HMT Watches Ltd. has been transferred to ISRO for the sale proceeds amounting to Rs. 168.65 cr. The leasehold land at Ranibagh has been surrendered to Govt. of Uttarakhand. |
| 2        | Tungabhadra Steel Products Limited. (Approved for closure on 22.12.2015) | 83.68 acres -freehold land at Hospet.                                                                                                                                                                                                                                                       | The sale of entire 83.68 acres of land at Hospet to Karnataka Housing Board has been completed.                                                                                                             |
|          | Department of Commerce                                                   |                                                                                                                                                                                                                                                                                             |                                                                                                                                                                                                             |
| 3        | STCL Limited (Approved for closure on 13.08.2013)                        | 15.7 acres-freehold land                                                                                                                                                                                                                                                                    | The property belonging to STCL has been attached by consortium of Banks headed by SBI under SARFAESI Act, 2002. Out of 15.7 acres, Banks have auctioned 13 acres of land.                                   |