Lok Sabha Question No. 3915 (UNSTARRED), answered on 2022-03-28
Subject: Financial Status of CPSUs
Ministry: FINANCE
Asked by: Dibyendu Adhikari

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF PUBLIC ENTERPRISES

## LOK SABHA

## UNSTARRED QUESTION No. 3915

TO BE ANSWERED ON 28.03.2022

## Financial Status of CPSUs

## 3915:  SHRI DIBYENDU ADHIKARI:

Will the Minister of FINANCE be pleased to state:

- (a)  the  total  number  of  Central  Public  Sector  Undertakings  (CPSUs)  and  their  present financial status as on 31.01.2022;
- (b) the number of CPSUs as on 31.12.1990, 31.12.2000 and 31.12.2010; and
- (c)  whether  the  Government  proposes  to  sell  their  shares  or  to  privatise  the  present CPSUs during the next three years and if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE FOR FINANCE (DR. BHAGWAT KRISHANRAO KARAD)

- (a) As on 31.03.2021 there are 255 operating Central Public Sector Enterprises (CPSEs) with a Total Gross Revenue of Rs.24.26 Lakh Crore and the Overall Profit of Rs.1.58 Lakh Crore.
- (b) As per information available, the number of operating CPSEs as on 31.3.1991, 31.3.2001 and 31.3.2011 were 236, 234 and 220 respectively.
- (c)  Disinvestment  in  Central  Public  Sector  Enterprises  (CPSEs)  is  undertaken  as  per  the extant  disinvestment  policy  of  the  Government  on  'minority  stake  sale'  and  'strategic disinvestment'.  Strategic  Disinvestment  implies  sale  of  substantial  shareholding  of  CPSEs along with transfer of management control. List of CPSEs and/or Subsidiaries/ Units/ Joint Ventures  of  CPSEs  for  which  Government  has  given  'in-principle'  approval  for  strategic disinvestment since 2016 is enclosed at Annexure-I .

## Annexure-I

List of  CPSEs  and/or  Subsidiaries/  Units/  Joint  Ventures  of  CPSEs  for  which Government has given 'in-principle' approval for strategic disinvestment since 2016.

## a) Ongoing Transactions being processed by DIPAM

|   1. | Central Electronics Limited (CEL)@                                                                                                                  |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------|
|    2 | Neelachal Ispat Nigam Limited ( JV of four CPSEs and two State PSEs)                                                                                |
|    3 | Pawan Hans Limited                                                                                                                                  |
|    4 | BEML Limited                                                                                                                                        |
|    5 | The Shipping Corporation of India Limited                                                                                                           |
|    6 | (a) Bharat Petroleum Corporation Ltd (except Numaligarh Refinery Limited) (b) BPCL stake in Numaligarh Refinery Limited to a CPSE strategic buyer $ |
|    7 | Project &Development India Limited                                                                                                                  |
|    8 | HLL Lifecare Limited                                                                                                                                |
|    9 | Engineering Project (India) Limited                                                                                                                 |
|   10 | Bridge and Roof Co. India Limited                                                                                                                   |
|   11 | Ferro Scrap Nigam Limited (subsidiary)                                                                                                              |
|   12 | Nagarnar Steel Plant of NMDC Limited                                                                                                                |
|   13 | Alloy Steel Plant, Durgapur^; Salem Steel Plant; Bhadrawati Steel Plant - units of Steel Authority of India Limited                                 |
|   14 | Indian Medicines Pharmaceuticals Corporation Limited                                                                                                |
|   15 | Container Corporation of India Limited                                                                                                              |
|   16 | Rashtriya Ispat Nigam Ltd.                                                                                                                          |

## b) Transactions being processed by respective Administrative Ministries

|   17. | Various Units of India Tourism Development Corporation Limited   |
|-------|------------------------------------------------------------------|
|    18 | Hindustan Antibiotics Limited                                    |
|    19 | Bengal Chemicals &Pharmaceuticals Limited                        |

## c) Transactions held up due to litigation

|   20. | Hindustan Newsprint Limited (subsidiary)       |
|-------|------------------------------------------------|
|    21 | Karnataka Antibiotics &Pharmaceuticals Limited |

## d) Transactions halted as the CPSEs recommended / approved for closure; or any other reason

|   22. | Hindustan Fluorocarbons Limited (subsidiary)*   |
|-------|-------------------------------------------------|
|    23 | Scooters India Limited*                         |
|    24 | Bharat Pumps &Compressors Limited*              |
|    25 | Hindustan Prefab Limited                        |
|    26 | Units of Cement Corporation of India Limited*** |

## e) Transactions Completed

|   S.No. | Name of CPSE                                       |
|---------|----------------------------------------------------|
|      27 | Hindustan Petroleum Corporation Limited            |
|      28 | Rural Electrification Corporation Limited          |
|      29 | HSCC(India) Limited                                |
|      30 | National Projects construction corporation Limited |
|      31 | Dredging Corporation of India Limited              |
|      32 | THDC India Limited                                 |
|      33 | North Eastern Electric Power Corporation Limited   |
|      34 | Kamrajar Port Limited                              |
|      35 | Air India **                                       |