Lok Sabha Question No. 27 (STARRED), answered on 2016-07-19
Subject: Loss Making CPSEs
Ministry: HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
Asked by: FAIZAL P.P. MOHAMMED, KRUPAL BALAJI TUMANE, ARVIND GANPAT SAWANT, NABA KUMAR SARANIA, MANOJ RAJORIA, SANTOSH AHLAWAT

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

## LOK  SABHA

## STARRED QUESTION NO.  *27

## TO BE ANSWERED ON 19.07.2016

## Loss Making CPSEs

## *27. SHRI MOHAMMED FAIZAL AND SHRIMATI  SANTOSH AHLAWAT:

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

- (a) the details of loss making Central Public Sector Enterprises (CPSEs) during the last three years along with the investment made so far and their networth;
- (b) whether the NITI Ayog has urged the Government to absorb the loss making CPSEs by the profitable ones so as to leverage assets and generate resources for fresh investment;
- (c) if so, the details thereof and the reaction of the Government thereto;
- (d) whether the Government has identified such CPSEs ; and
- (e) if so, the details and if not, the time by which it is likely to be completed?

## ANSWER

## THE MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI ANANT G. GEETE)

- (a) to (e): A statement is laid on the Table of the House.

*****

## Statement referred to in Lok Sabha Starred Question No. *27 for reply on 19.07.2016 regarding Loss Making CPSEs.

-----------------------------------------------------------------------------------------------

(a) :   As per information available in Public Enterprises Survey 2014-15, which was laid in the Parliament on 26.02.2016, 78, 70 and 77 Central Public Sector Enterprises  (CPSEs)  incurred  losses  during  the  last  three  years  i.e.  2012-13, 2013-14 and 2014-15 respectively. The enterprise wise details of losses during the  last  3  years,  investment  (in  terms  of  Equity  +  Long  term  Loans)  and networth of these loss making CPSEs as on 31.3.2015 are given in Annex I.

(b)  to  (e)  An  analysis  of  all  the  sick  and  loss  making  Central  Public  Sector Enterprises  is  presently  underway  in  NITI  Ayog  in  consultation  with  the concerned Ministries / Departments.

*****

## Annex I Annex referred to in part (a) of reply to Lok Sabha Starred Question No. *27 for reply

## on 19.07.2016 regarding Loss Making CPSEs.\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Details of profit / loss of loss making Central Public Sector Enterprises for the last 3 years and Investment and Networth as on 31.3.2015 of these loss making CPSEs.

## (Rs. in lakh)

| S. No.   | Name of CPSEs                                    | Net Profit / Loss   | Net Profit / Loss   | Net Profit / Loss   | Investment   | Networth   |
|----------|--------------------------------------------------|---------------------|---------------------|---------------------|--------------|------------|
| S. No.   | Name of CPSEs                                    | 2014-15             | 2013-14             | 2012-13             | 2014-15      | 2014-15    |
| 1        | AIR INDIA CHARTERS LTD.                          | -6103               | -34532              | -35116              | 255252       | -165367    |
| 2        | AIR INDIA ENGINEERING SERVICES LTD.              | -38950              | 0                   | 0                   | 53327        | -22293     |
| 3        | AIR INDIA LTD.                                   | -585991             | -627960             | -549016             | 5627010      | -1626067   |
| 4        | AIRLINE ALLIED SERVICES LTD.                     | -18403              | -22122              | -13339              | 225          | -126220    |
| 5        | ANDAMAN & NICOBAR ISL. FOREST PLANT.DEV.CORP.LTD | -4509               | -4020               | -3571               | 26565        | -27502     |
| 6        | ASSAM ASHOK HOTEL CORPN. LTD.                    | -119                | 35                  | -22                 | 452          | -623       |
| 7        | BEML LTD.                                        | 676                 | 468                 | -7987               | 45570        | 207676     |
| 8        | BENGAL CHEMICALS &PHARMACEUTICALS LTD.           | -1732               | -3655               | -1794               | 20730        | -9748      |
| 9        | BHARAT BROADBAND NETWORK LTD.                    | -29                 | 178                 | NA                  | 6000         | 6318       |
| 10       | BHARAT PETRO RESOURCES LTD.                      | -3429               | -16617              | -38264              | 357000       | 217194     |
| 11       | BHARAT PUMPS &COMPRESSORS LTD.                   | -5482               | -524                | -2791               | 5753         | 5235       |
| 12       | BHARAT SANCHAR NIGAM LTD.                        | -823409             | -701976             | -788444             | 1255619      | 4784940    |
| 13       | BHARAT WAGON &ENGG. CO. LTD.                     | -1568               | -667                | -759                | 2286         | -5486      |
| 14       | BHEL ELECTRICAL MACHINES LTD.                    | -396                | -106                | -55                 | 1050         | 455        |
| 15       | BIECCO LAWRIE LTD.                               | NA                  | -1439               | -1195               | 0            | 0          |
| 16       | BIRDS JUTE &EXPORTS LTD.                         | -585                | -265                | -865                | 2489         | -11296     |
| 17       | BRAHMAPUTRA VALLEY FERTILIZER CORPN. LTD.        | 64612               | -15829              | -3264               | 49721        | 6451       |
| 18       | BRAITHWAITE &CO. LTD.                            | -4461               | 1043                | 715                 | 3132         | 270        |
| 19       | BRITISH INDIA CORPORATION LTD.                   | -9494               | -9261               | -8278               | 24507        | -59949     |
| 20       | BROADCAST ENGG. CONSULTANTS INDIA LTD.           | -139                | 12                  | -788                | 137          | 2159       |
| 21       | BURN STANDARD COMPANY LTD.                       | -2466               | -828                | -1966               | 21754        | 38212      |
| 22       | CENTRAL ELECTRONICS LTD.                         | 406                 | 309                 | -241                | 8959         | 2477       |
| 23       | CENTRAL INLAND WATER TRANSPORT CORPN. LTD.       | 887                 | 9545                | -2393               | 13048        | 2970       |
| 24       | CHENNAI PETROLEUM CORPORATION LTD.               | -3899               | -30385              | -176684             | 114900       | 165507     |
| 25       | CREDA HPCL BIOFUEL LTD.                          | -507                | -86                 | -310                | 2176         | 1092       |
| 26       | DONYI POLO ASHOK HOTEL LTD.                      | -3                  | 23                  | 4                   | 100          | 228        |
| 27       | EASTERN INVESTMENT LTD.                          | -1272               | 9                   | 147                 | 144          | 26801      |
| 28       | FERTILIZERS &CHEMICALS (TRAVANCORE) LTD.         | -39991              | -26495              | -35396              | 80856        | -85667     |
| 29       | FOOD CORPN. OF INDIA                             | 0                   | 47806               | -435                | 1576279      | 274187     |

|   30 | FRESH &HEALTHY ENTERPRISES LTD.              | -1447   |   -3916 |    -948 |   14567 |     3227 |
|------|----------------------------------------------|---------|---------|---------|---------|----------|
|   31 | GOASHIPYARD LTD.                             | 7824    |   -6109 |    1550 |    5287 |    61921 |
|   32 | HEAVY ENGINEERING CORPN. LTD.                | -24169  |   29931 |    2038 |   64439 |   -10580 |
|   33 | HINDUSTAN ANTIBIOTICS LTD.                   | -8963   |   -8423 |   -6937 |   35226 |   -45438 |
|   34 | HINDUSTAN CABLES LTD.                        | -93299  |  -78188 |  -88505 |  635539 |  -702747 |
|   35 | HINDUSTAN FERTILIZER CORPN. LTD.             | -38075  |  -38050 |  -38053 |  994891 |  -931226 |
|   36 | HINDUSTAN FLUOROCARBONS LIMITED              | -377    |   -2482 |      95 |    3994 |    -5256 |
|   37 | HINDUSTAN NEWSPRINT LTD.                     | -781    |    -886 |   -1809 |   10270 |    16271 |
|   38 | HINDUSTAN ORGANIC CHEMICALS LTD.             | -21549  |  -17685 |  -13799 |   61345 |   -51820 |
|   39 | HINDUSTAN PAPER CORPORATION LTD.             | -2508   |  -11850 |  -15187 |  114131 |    50475 |
|   40 | HINDUSTAN PHOTO FILMS MANUFACTURING CO. LTD. | -216436 | -182042 | -156059 |   44439 | -1488655 |
|   41 | HINDUSTAN PREFAB LTD.                        | 528     |      47 |    -370 |   13477 |     1436 |
|   42 | HINDUSTAN SALTS LTD.                         | -495    |      11 |      74 |    3321 |     2667 |
|   43 | HINDUSTAN SHIPYARD LTD.                      | -20284  |   -4621 |   -5517 |   67420 |  -102329 |
|   44 | HINDUSTAN STEELWORKS COSTN. LTD.             | -810    |   -1867 |   -1981 |   11900 |  -141740 |
|   45 | HINDUSTAN VEGETABLE OILS CORPN. LTD.         | *       |   -2510 |   -1146 |       0 |        0 |
|   46 | HLL BIOTECH LTD.                             | -7      |       0 |       0 |   21801 |    21783 |
|   47 | HMTBEARINGS LTD.                             | -1777   |   -1598 |    -207 |   10552 |   -11075 |
|   48 | HMTCHINAR WATCHES LTD.                       | -4905   |   -5116 |   -5116 |   25166 |   -58220 |
|   49 | HMT LTD.                                     | -9657   |    8721 |  -14537 |  192240 |   104180 |
|   50 | HMTMACHINE TOOLS LTD.                        | -13494  |   -5266 |   -4365 |   90995 |   -39247 |
|   51 | HMTWATCHES LTD.                              | -25920  |  -23307 |  -24248 |   76063 |  -250560 |
|   52 | HOOGHLY DOCK AND PORT ENGINEERS LTD.         | 248     |   10096 |   -3984 |    5312 |   -13592 |
|   53 | HOTEL CORPN. OF INDIA LTD.                   | -5046   |   -4047 |   -3562 |   20205 |   -13985 |
|   54 | HPCL BIOFUELS LTD.                           | -8437   |  -11588 |  -14722 |   93397 |    22423 |
|   55 | I T I LTD.                                   | -29712  |  -34426 |  -18206 |  108156 |    71255 |
|   56 | IDPL (TAMILNADU) LTD.                        | -234    |    -234 |    -341 |    6593 |    -2137 |
|   57 | INDIAN DRUGS &PHARMACEUTICALS LTD.           | -16721  |  -17463 |  -23958 |  521275 |  -698379 |
|   58 | INDIAN MEDICINES &PHARMACEUTICALCORPN. LTD.  | -14     |     241 |     446 |    4100 |     5271 |
|   59 | INDIAN OIL-CREDA BIOFUELS LTD.               | -1376   |    -346 |       0 |    2464 |      598 |
|   60 | INDIAN VACCINE CORP. LTD.                    | -164    |    -165 |      65 |    1884 |     1302 |
|   61 | INSTRUMENTATION LTD.                         | -14154  |   -6861 |   -5409 |   27597 |   -29161 |
|   62 | J &KMINERALDEVELOPMENT CORPN. LTD.           | -80     |     -74 |     -96 |     474 |     -929 |
|   63 | KANTI BIJLEE UTPADAN NIGAM LTD.              | 1724    |     -54 |   -1291 |  304757 |   136043 |
|   64 | KONKAN RAILWAY CORPORATION LTD.              | 3939    |    1311 |  -23541 |  609767 |   135351 |
|   65 | MMTCLTD.                                     | 4791    |    1864 |   -7062 |   10000 |   135920 |
|   66 | MSTCLTD.                                     | 9099    |   -7003 |   13073 |    1621 |    69423 |
|   67 | MADRAS FERTILIZERS LTD.                      | -13469  |   10004 |    2444 |   35868 |   -34261 |
|   68 | MAHANAGAR TELEPHONE NIGAM LTD.               | -289339 |  782513 | -532112 | 1063897 |   206742 |
|   69 | MANGALORE REFINERY &PETROCHEMICALS LTD.      | -171223 |   60118 |  -75691 |  961732 |   530497 |
|   70 | MILLENNIUM TELECOM LTD.                      | 13      |     -17 |     -20 |     288 |      472 |
|   71 | NAGALAND PULP &PAPER COMPANY LTD.            | -1538   |   -1473 |   -1458 |   18172 |     3815 |
|   72 | NATIONAL FERTILIZERS LTD.                    | 2624    |   -8971 |  -17073 |  227548 |   148100 |

|   73 | NATIONAL FILM DEV. CORPN. LTD.                       | -919   |   -321 | 635    |   4725 |    1033 |
|------|------------------------------------------------------|--------|--------|--------|--------|---------|
|   74 | NATIONAL JUTE MANUFACTURES CORPORATION LTD.          | -49    |   -655 | -1600  |  48504 |  -24468 |
|   75 | NATIONAL RESEARCH DEVELOPMENT CORPN.                 | -76    |   -108 | -172   |    442 |     493 |
|   76 | NATIONAL TEXTILE CORPN. LTD.                         | -31625 | -17571 | 8512   | 306216 |  145173 |
|   77 | NEPA LTD.                                            | -4871  |  30886 | -8408  |  55000 |   -1504 |
|   78 | NORTH EASTERN HANDICRAFTS & HANDLOOM DEV.CORPN. LTD. | -440   |   -232 | -150   |   1450 |     202 |
|   79 | NORTH EASTERN REGIONAL AGRI. MARKETING CORP.LTD.     | -589   |   -444 | -282   |   2768 |   -1716 |
|   80 | NTPC ELECTRIC SUPPLY COMPANY LTD.                    | 126    |   1976 | -2459  |      8 |    4174 |
|   81 | NTPC VIDYUT VYAPAR NIGAM LTD.                        | 4361   |   6023 | -3484  |   2000 |   20589 |
|   82 | P E C LTD.                                           | -20854 |     71 | 9696   |   6000 |   15421 |
|   83 | PFC GREEN ENERGY LTD.                                | 1891   |   1326 | -40    |  30000 |   33015 |
|   84 | PONDICHERRY ASHOK HOTEL CORPN. LTD.                  | -31    |    -33 | -30    |    160 |      91 |
|   85 | PRIZE PETROLEUM COMPANY LTD.                         | 208    |  -2281 | -126   |  12000 |    6409 |
|   86 | PROJECTS &DEVELOPMENT INDIA LTD.                     | -586   |    132 | 1071   |   1730 |   12943 |
|   87 | RAJASTHAN DRUGS &PHARMACEUTICALS LTD.                | -1976  |  -1940 | 80     |   1652 |   -1866 |
|   88 | RANCHI ASHOK BIHAR HOTEL CORPN. LTD.                 | -107   |    -82 | -95    |    490 |    -104 |
|   89 | RICHARDSON &CRUDDAS(1972) LTD.                       | -365   |   -383 | -2949  |   5484 |  -39574 |
|   90 | SAMBHAR SALTS LTD.                                   | -983   |     44 | 30     |   3503 |   -1304 |
|   91 | SCOOTERS INDIA LTD.                                  | 1109   |   1360 | -600   |  10727 |    9322 |
|   92 | SECURITY PRINTING &MINTING CORPN. INDIA LTD.         | -35207 |  21463 | 42349  |      5 |  535116 |
|   93 | SHIPPING CORPORATION OF INDIA LTD.                   | 20093  | -27466 | -11431 | 603574 |  653360 |
|   94 | SOLAR ENERGY CORPORATION OF INDIA                    | 1060   |   -285 | -      |  11200 |   11266 |
|   95 | STATE TRADING CORPN. OF INDIA LTD.                   | 2619   | -49220 | 1795   |  23628 |  103892 |
|   96 | STCL LTD.                                            | -41259 | -35252 | -29612 |    150 | -286158 |
|   97 | TCIL BINA TOLLROAD LTD.                              | -942   |      0 | 0      |  12586 |    1015 |
|   98 | THE BISRA STONE LIME COMPANY LTD.                    | -2727  |  -1876 | -1814  |   8729 |   -7196 |
|   99 | TRIVENI STRUCTURALS LTD.                             | *      |  -7587 | -7587  |      0 |       0 |
|  100 | TUNGABHADRA STEEL PRODUCTS LTD.                      | -2887  |  -3191 | -3115  |   1375 |  -43179 |
|  101 | TYRE CORPORATION OF INDIA LTD.                       | *      |  -1636 | -1636  |      0 |       0 |
|  102 | UTKAL ASHOK HOTEL CORPN. LTD.                        | -70    |    -59 | -61    |    480 |   -1653 |
|  103 | VIGNYAN INDUSTRIES LTD.                              | -22    |    -97 | -271   |    279 |     416 |

*Closed