(a) whether the Government have recently received a memorandum from the public representatives of North East demanding bifurcation of Bokajan Unit of CCI and continue this profit making unit as a public sector undertaking;
(b) if so, the action taken by the Government in this regard; and
(c) the profit earned by Bokajan CCI unit during each of the last three years and till date?
MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI BALASAHEB VIKHE PATIL)
(a) & (b): Yes, Sir. The Government of Assam has been offered to take-over the Bokajan Unit of Cement Corporation of India Limited (CCI). Their response is still awaited. The BIFR has directed for the sale of CCI either as a whole or its plants individually or collectively (including Bokajan unit). The sale process is being carried out by its Operating Agency (OA), the Industrial Finance Corporation of India Ltd., (IFCI) and is now at an advance stage.
(c) The Bokajan Cement Factory is one of the ten units of Cement Corporation of India Limited and as per the balance sheet of CCI, the working result of profit of the Bokajan unit is as follows:
(Rupees in Crore)
Year Net Profit Cash Profit Operating Profit Accumulated Profit
1999-2000 0.35 0.96 1.17 0.35 2000-2001 1.50 2.11 2.41 1.85 2001-2002 0.78 1.43 1.77 2.63 April 2002-Jan. 2.10 2.64 2.64 4.73 2003 (Prov.)