Question : Employees of Loss Making PSUs

(a) whether there is any plan for better or alternate utilization of excess employees in many of the loss making Public Sector Units (PSUs) and attempts were made to bring down the component of wasteful or avoidable expenditure in these PSUs; and
(b) if so, the details thereof and if not, the reasons therefor?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PON. RADHAKRISHNAN)

(a) & (b): The CPSEs assess their manpower requirements and prepare plans for utilization of excess employees, if any, in consultation with their administrative Ministries/ Departments. The CPSEs are expected to incur the expenditure as per commercial expediency and prudence after approval from the competent authority. Guidelines are issued from time to time for expenditure management and enforcement of austerity measures in CPSEs. The CPSEs incurring losses take all possible measures to reduce wasteful or avoidable expenditure in consultation with their administrative Ministries/Departments.

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