Lok Sabha Question No. 1096 (UNSTARRED), answered on 2016-03-02
Subject: Utility of Public Sector Undertakings
Ministry: RAILWAYS
Asked by: PANKAJ CHOWDHARY

## GOVERNMENT OF INDIA MINISTRY OF RAILWAYS

## LOK  SABHA UNSTARRED QUESTION NO.1096 TO BE ANSWERED ON 02.03.2016

## UTILITY OF PUBLIC SECTOR UNDERTAKINGS

†1096.  SHRI PANKAJ CHAUDHARY:

Will the Minister of RAILWAYS be pleased to state:

- (a) the total number of Public Sector Undertakings (PSUs) under the Railways and the details of the capital invested by the railways in these undertakings, PSU-wise;
- (b) whether  the  Government  has  conducted  any  assessment  of  the utility of Public Sector  Undertakings under the Railways and if so, the details thereof;
- (c) whether the Government is  likely  to  reduce  the  number  of  such undertakings to make them profitable; and
- (d)  if so, the details thereof and if not, the reasons therefor?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF RAILWAYS

(SHRI MANOJ SINHA)

- (a) to (d) A Statement is laid on the Table of the House.

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STATEMENT  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  TO  (d)  OF UNSTARRED QUESTION NO. 1096 BY SHRI PANKAJ CHAUDHARY TO BE ANSWERED IN LOK SABHA ON 02.03.2016 REGARDING UTILITY OF PUBLIC SECTOR UNDERTAKINGS

- (a) There are 14 Public Sector Undertakings (PSUs) under the administrative control of Ministry of Railways. Railways' share of paidup capital in these PSUs as on 31 st  March 2015 is as below:-
- (b)  Yes,  Madam. Memorandum of Understanding is signed every year by the Ministry of Railways with the PSUs wherein annual targets are set. Evaluation is done at the end of every financial year and each PSU is  graded  based  on  its  performance.  The  Ministry  of  Railways  also reviews their performance periodically.
- (c) & (d) No, Madam. There is no proposal for reduction in number of PSUs under the Ministry of Railways.

|   SN | Name of PSU                                          |   Railways' Share of Paid Up Capital (rounded off to Crores of Rupees) |
|------|------------------------------------------------------|------------------------------------------------------------------------|
|    1 | Container Corporation of India Ltd. (CONCOR)         |                                                                    120 |
|    2 | Ircon International Ltd. (IRCON)                     |                                                                     20 |
|    3 | Rites Ltd.                                           |                                                                    100 |
|    4 | Dedicated Freight Corridor Corporation of India Ltd. |                                                                   3716 |
|    5 | Indian Railway Finance Corporation Ltd.              |                                                                   3584 |
|    6 | Rail Vikas Nigam Ltd.                                |                                                                   2085 |
|    7 | Konkan Railway Corporation Ltd.                      |                                                                    411 |
|    8 | Mumbai Railway Vikas Corporation Ltd.                |                                                                     13 |
|    9 | Indian Railway Catering and Tourism Corporation Ltd. |                                                                     20 |
|   10 | RailTel Corporation of India Ltd.                    |                                                                    321 |
|   11 | Kolkata Metro Rail Corporation Ltd.                  |                                                                    247 |
|   12 | Braithwaite & Company Ltd.                           |                                                                     25 |
|   13 | Burn Standard Co. Ltd.                               |                                                                    178 |
|   14 | Bharat Wagon & Engineering Company Ltd.              |                                                                      9 |

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