(a) whether the Government has decided to disinvest certain Public Sector Undertakings in the year 2002-2003;
(b) if so, the details and the present status of the proposal; and
(c) the details of the financial position of each of those public sector undertakings during the last three years?
MINISTER OF DISINVESTMENT AND MINISTER OF DEVELOPMENT OF NORTH EASTERN REGION (SHRI ARUN SHOURIE)
(a), (b) & (c) A statement is laid on the Table of the House.
Statement referred to in reply to Lok Sabha Starred Question No.21 for 16-7-2002 regarding disinvestment of PSUs by Shri K. Muraleedharan and Shri Suresh Ramrao Jadhav (Position No.21).
(a) & (b) Yes, Sir. Disinvestment in Hindustan Zinc Ltd., Maruti Udyog Ltd., Indian Petrochemical Corporation Ltd., ITDC (9 hotels) and Hotel Corporation of India Ltd. (1 hotel) has been completed during the current year so far. In the case of the following 31 PSUs, decision for disinvestment has been taken and disinvestment process is underway:-
1. Air India Ltd.(AI) +
2. Balmer Lawrie & Co. Ltd.
3. Bharat Opthalmic Glass Ltd.
4. Bharat Petroleum Corporation. Ltd. (BPCL)
5. Braithwaite & Co. 6. Burn Standard & Co.
7 Engineers India Ltd. (EIL)
8. Engineering Project (India) Ltd. (EPIL)
9. Hindustan Cables Ltd (HCL), 10. Hindustan Copper Ltd. (HCL) 11. Hindustan Organic Chemicals Ltd. (HOCL) 12. Hindustan Petroleum Corporation Ltd. (HPCL) 13. Hindustan Salts Ltd. 14. Indian Airlines Ltd. (IA) + 15. Madras Fertilizers Ltd. (MFL) 16. MECON Ltd. 17. Minerals & Metals Trading Corporation of India Ltd. (MMTC) 18. National Fertilizers Ltd. (NFL) 19. National Aluminium Company Ltd. (NALCO) 20. National Instruments Ltd. 21. Shipping Corporation of India Ltd. (SCI) 22. Sponge Iron India Ltd. (SIIL) 23. State Trading Corporation of India Ltd. (STC) 24. Tungabahadra Steel Products Ltd. (TSPL) 25. Tyre Corporation of India Ltd 26. Bharat Heavy Plates and Vessels Ltd. (BHPV) 27. NEPA Ltd. 28. Instrumentation Control Valves Ltd. (ICVL) 29. India Tourism Development Corporation (ITDC) (remaining hotels) 30. Hotel Corporation of India Ltd. (remaining hotels) 31. Fertiliser and Chemical Travancore Ltd. (FACT)
+ The process has not been started again after there was no response for the earlier sale.