Question : MODERNISATION OF PSUS



(a) whether various Public Sector Undertakings (PSUs) have loan or any other liability outstanding with them;

(b) if so, the details thereof for the last three years and the current year, PSU-wise;

(c) whether the Government proposes to modernize the PSUs which are incurring loss or are on the verge of incurring losses; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER FOR HEAVY INDUSTRIES & PUBLIC ENTERPRISES (SHRI PRAFUL PATEL)

(a) & (b): The combined loan and liabilities of 248 Central Public Sector Enterprises (CPSEs), during the last three years, are shown below:

(Rs. in crores)
Sr. No. Items 2010-11 2009-10 2008-09
1. Loans 7,02,011.84 6,07,038.61 5,52,076.84
2. Current Liabilities & Provisions 5,67,401.33 5,19,460.17 4,38,502.84
Source: Public Enterprises Survey (2010-11)

Public Enterprises Survey (2010-11) was laid in the Parliament on 22.03.2012, and provides the latest information on CPSEs. CPSE wise information for the three years can be seen in Volume-ll of Public Enterprises Survey (2010-11).

(c) & (d) The concerned administrative Ministries / Departments take steps for up-gradation and modernization of CPSEs on a case to case basis. The Government constituted the Board for Reconstruction of Public Sector Enterprises (BRPSE) in 2004 to advise the Government of India for revival and restructuring of loss making CPSEs, which includes modernization of these enterprises.