Lok Sabha Question No. 2515 (UNSTARRED), answered on 2021-03-09
Subject: Performance of PSEs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: Abdul Khaleque

## GOVERNMENT OF INDIA

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

## LOK SABHA UNSTARRED QUESTION NO. 2515

TO BE ANSWERED ON 09.03.2021

## Performance of PSEs

## 2515:  SHRI ABDUL KHALEQUE

Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to state: (a) whether the Government is aware of the performance of Public Sector Enterprises (PSEs) in the North East and if so, the details thereof;

- (b) the details of the profit making PSEs in the North East; and
- (c) the initiatives taken by the Government to make such PSEs profitable?

## ANSWER

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

- (a)  &  (b)  As  per  information  available  there  are  10  CPSEs  having  registered  office  in  the  North  East Region of the Country. Out of these 10 CPSEs, following 5 CPSEs are profit making in FY 2019-20:

|   S.No. | State     | CPSEs                                            |
|---------|-----------|--------------------------------------------------|
|       1 | Assam     | Brahamputra Crackers &Polymer Ltd.               |
|       2 | Assam     | Numaligarh Refinery Ltd.                         |
|       3 | Assam     | Oil India Ltd.                                   |
|       4 | Manipur   | Loktak Downstream Hydroelectric Corporation Ltd. |
|       5 | Meghalaya | North Eastern Electric Power Corporation Ltd.    |

In addition to above, CPSEs such as Indian Oil Corporation Ltd, Oil & Natural Gas Corporation Ltd, National Hydro Power Corporation Ltd., Power Grid Corporation of India Ltd, National Highways & Infrastructure Development Corpn. Ltd., National Projects Construction Corporation Ltd., MSTC Ltd etc  are  also  having  their  projects/plants  in  operation  in  North  Eastern  states.  The  above  mentioned CPSEs are also profit making as on 31.03.2020.

- (c) 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. Further, DPE  has  taken  initiatives  to  make  CPSEs  profitable  by  bringing  changes  in  MoU  system  for evaluation  and  monitoring  the  performance  of  CPSEs  and  granting  autonomy  for  financial  and functional  empowerment  of  CPSEs  through  Ratna  scheme  and  Capacity  Building  Programmes  for executives and senior management of CPSEs.

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