Lok Sabha Question No. 4043 (UNSTARRED), answered on 2025-08-18
Subject: Performance of CPSUs
Ministry: FINANCE
Asked by: Shri Tejasvi Surya

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

## LOK SABHA UNSTARRED QUESTION NO. 4043 TO BE ANSWERED ON THE 18 TH  AUSGUST, 2025

## 'Performance of CPSUs'

## 4043. Shri Tejasvi Surya:

Will the Minister of FINANCE be pleased to state:

- (a) whether performance of Central Public Sector Undertakings (CPSUs) on various parameters has improved over the last decade;
- (b) if so, the details thereof;
- (c) whether any CPSUs have been upgraded to Navratna or Maharatna status in the last decade;
- (d) whether the capital expenditure by CPSUs has been increased during the last decade; and (e) if so, the details thereof?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

- (a) & (b) : Yes, performance of Central Public Sector Enterprises (CPSEs) has been improved over the last decade, which is evident from the following:
- (c) : Yes, total 16 were upgraded to Navratna and 7 CPSEs were upgraded to Maharatna in the last decade. The lists are given below:

| Parameters                               | (₹ lakh crore)   | (₹ lakh crore)   |
|------------------------------------------|------------------|------------------|
|                                          | FY 2013-14       | FY 2023-24       |
| Overall Net Profit [of Operating CPSEs]  | 1.29             | 3.22             |
| Total Gross Revenue [of Operating CPSEs) | 20.62            | 36.08            |
| Capital Employed [of all CPSEs]          | 17.44            | 42.74            |
| Net Worth [of all CPSEs]                 | 9.50             | 19.95            |
| Market Capitalization [of listed CPSEs]  | 11.08            | 37.23            |

## CPSEs upgraded to Navratna status

|   S.N. | CPSE's name                                             |   Year |
|--------|---------------------------------------------------------|--------|
|      1 | Rail Vikas Nigam Limited                                |   2023 |
|      2 | ONGCVidesh Limited                                      |   2023 |
|      3 | Rashtriya Chemicals and Fertilizers Limited             |   2023 |
|      4 | Ircon International limited                             |   2023 |
|      5 | RITES Limited                                           |   2023 |
|      6 | National Fertilizers Limited                            |   2024 |
|      7 | Central Warehousing Corporation                         |   2024 |
|      8 | Housing and Urban development Corporation Limited       |   2024 |
|      9 | Indian Renewable Energy Development Agency Limited      |   2024 |
|     10 | Mazagon Dock Shipbuilders Limited                       |   2024 |
|     11 | RailTel Corporation of India Limited                    |   2024 |
|     12 | Solar Energy Corporation of India Limited               |   2024 |
|     13 | NHPC Limited                                            |   2024 |
|     14 | SJVN Limited                                            |   2024 |
|     15 | Indian Railway Catering and Tourism Corporation Limited |   2025 |
|     16 | Indian Railway Finance Corporation Limited              |   2025 |

## CPSEs upgraded to Maharatna status

|   S.N. | CPSE's name                             |   Year |
|--------|-----------------------------------------|--------|
|      1 | Bharat Petroleum Corporation Limited    |   2017 |
|      2 | Hindustan Petroleum Corporation Limited |   2019 |
|      3 | Power Grid Corporation of India Limited |   2019 |
|      4 | Power Finance Corporation Limited       |   2021 |
|      5 | REC Limited                             |   2022 |
|      6 | Oil India Limited                       |   2023 |
|      7 | Hindustan Aeronautics Limited           |   2024 |

- (d) & (e) : Total Capital Expenditure (CAPEX) by the CPSEs has been increased over the last decade. This has been monitoring by Department of Public Enterprises, for the CPSEs having annual CAPEX estimates of ₹500 crore and more till financial year 2021 -22, and ₹100 crore and more from the financial year 202223. This has reached to ₹3.28 lakh crore in year 2024 -25 against the achievement of ₹1.89 lakh crore in year 2013 -14.