Question : Performance of PSUs

(a) whether the Public Sector Undertakings (PSUs) have been increasing their investment in the ongoing capital projects and their net value/capital holding, net immovable assets have been rising but the rate of their productivity has gone down;

(b) if so, the reasons therefor and the reaction of the Government thereto;

(c) whether the Government proposes to review the role of the management / higher officers of the PSUs in this regard; and

(d) if so, the details thereof and the steps taken in this regard?

THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES

(SHRI G. M. SIDDESHWARA)

(a) & (b): As per information available in Public Enterprises Survey 2013-14 which was laid in the Parliament on 26.2.2015, the details of investment in immovable assets (Net Fixed Assets) of these Central Public Sector Enterprises (CPSEs) is given in below Table.
Table:
(Rs. in crore)

Years No. of CPSEs Gross Fixed Assets Capital Work- in- Progress Net Immovable assets (Net Fixed Assets) Gross Turnover Ratio of Gross Turnover to Gross Fixed Assets
2011-12 260 1144063 263983 580835 1822049 1.59

2012-13 277 1262360 293215 647503 1945814 1.54

2013-14 290 1397505 359945 718141 2061866 1.48

(c) & (d): The concerned administrative Ministry regularly reviews the performance of the CPSE and its management and takes appropriate steps as they consider necessary.


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