(a) whether the Government proposes to disinvest Indian Handicraft and Handloom Export Corporation;
(b) if so, the details thereof;
(c) the details of the loss/profit of Indian Handicraft and Handloom Export Corporation during the last three years, Year-wise; and
(d) the reasons for disinvestment of Indian Handicraft and Handloom Export Corporation ?
MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY AND MINISTER OF DISINVESTMENT (SHRI ARUN SHOURIE)
(a) and (b) The Disinvestment Commission has recommended that Handicraft and Handloom Export Corporation of India (HHEC) should be disinvested. No decision has been taken by the Government on this recommendation.
(c) Handicraft and Handloom Export Corporation of India (HHEC) during the last three years i.e. 2000-01, 2001-02 and 2002-03 has made a Profit after tax of Rs. 6.03 crore, Rs. 3.01 crore and Rs. 2.50 crore respectively.
(d) No decision has been taken by the Government so far on recommendation of the Disinvestment Commission.