Question : SITTINGS OF BRPSE



(a) the number of sittings held after the constitution of Board for Reconstruction of Public Sector Enterprises (BRPSE);

(b) the decisions taken by the Government on the suggestions made by the said Board and the number of suggestions which have not been accepted alongwith the details thereof; and

(c) the reasons for turning down these suggestions?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI ARUN YADAV)

(a): The Board has held 82 meetings after the constitution of Board for Reconstruction of Public Sector Enterprises (BRPSE).

(b) and (c): Board for Reconstruction of Public Sector Enterprises (BRPSE) has given its recommendations for revival of 59 Central Public Sector Enterprises (CPSEs) and closure of 3 CPSEs to the Government. Based on the recommendations of BRPSE, Government have approved revival of 39 CPSEs and closure of 2 CPSEs envisaging total assistance of Rs.23581 crores (cash assistance of Rs. 3287 crores in the form of infusion of funds and non-cash assistance of Rs.20294 crores in the form of waivers/write offs of interest/loans, etc.) from Government of India.