(a) the number of public sector units under his Ministry alongwith their performance during each of the last three years;
(b) whether the Government are contemplating to privatise any of the PSU;
(c) if so, the details thereof alongwith the reasons therefor; and
(d) the time by which the proposed units are likely to be privatised?
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS ( SHRI DIGVIJAY SINGH )
(a) to (d): A statement is attached.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (d) OF
UNSTARRED QUESTION NO. 2979 BY SHRI RAMCHANDER BAINDA TO BE
ANSWERED IN LOK SABHA ON 07.12.2000 REGARDING PRIVATISATION
OF PSUs.
(a) There are eight public sector undertakings under the
Ministry of Railways i.e. IRCON International Ltd., RITES
Ltd., Container Corporation of India Ltd., Indian Railway
Finance Corporation Ltd., Konkan Railway Corporation Ltd.,
Mumbai Railway Vikas Corporation, Rail Tel Corporation of
India Ltd. and Indian Railway Tourism & Catering Corporation
Ltd. The profit before tax of these companies` during the
last three years are as under:
(Figures in Million)
Name of PSUs 1997-98 1998-99 1999-2000
IRCON International Ltd. 503 402 605
RITES Ltd. 200.6 136.8 236.3
Container Corporation of India 1799.5 2079.9 2652.7 Ltd.
Indian Railway Finance 2991.3 3630.8 3411.4 Corporation Ltd.
Konkan Railway Corporation Ltd. - 1536.5 - 3403.3 - 3846.7
# Mumbai Railway Vikas - - - Corporation
# Rail Tel Corporation of India - - - Ltd.
# Indian Railway Tourism & - - - Catering Corporation Ltd.
# These PSUs have been recently set up.