(a) the details of profit earned/loss suffered by various Central
Public Sector Enterprises (CPSEs) during each of the last three
years, CPSE-wise;
(b) the amount of money contributed to the exchequer by these CPSEs
during the said period;
(c) whether there is any benchmark to compare the performance of the
CPSEs with the private sector industries;
(d) if so, the details thereof; and
(e) the steps taken by the Government to improve upon the performance
of CPSEs?
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ANSWER
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THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
(SHRI PON. RADHAKRISHNAN)
(a) and (b): As per information available in Public Enterprises Survey
2012-13 laid in the Parliament on 20.02.2014, the detail of profit earned/
loss suffered by Central Public Sector Enterprises (CPSEs) for the last
three years is given at Annex enclosed. The amount contributed by the
CPSEs to the Central exchequer during the last three years i.e. 2012-13,
2011-12 & 2010-11 was Rs.162761 crore, Rs.162402 crore & Rs.106801 crore
respectively.
(c) & (d): The information is not maintained centrally.
(e): Performance improvement of CPSEs is a continuous process. Enterprise
specific measures are taken by the concerned administrative Ministries/
Departments and the CPSEs. This, inter alia, includes (a) financial
restructuring such as conversion of loan into equity, waiver of loan
and interest including penal interest, Government guarantee for raising
loans, grant of moratorium on payment of interest/loan, (b) business
restructuring, such as, formation of joint ventures, merger with another
PSE, modernization and improved marketing strategies, delegation of
financial and operational powers to the Boards of Maharatna, Navratna
and Miniratna CPSEs in critical areas such as capital expenditure,
investment in joint ventures/ subsidiaries, human resources management
and entering technology joint ventures or strategic alliances etc.
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