Question : DISINVESTMENT OF PSUS



(a) the details of the public sector undertakings which have been disinvested recently alongwith the money received;

(b) whether these were all profit making concerns;

(c) if so, the details thereof;

(d) whether certain other profit making undertakings are proposed to be disinvested;

(e) if so, the details thereof;

(f) whether any loss making PSU has been disinvested so far; and
(g) if so, the details thereof?

Answer given by the minister


MINISTER OF DISINVESTMENT AND DEVELOPMENT OF NORTH EASTERN REGION (SHRI ARUN SHOURIE)

(a) The names of the PSUs which have been disinvested recently and the amount realised through disinvestment in them are as follows:-


Name of the PSU	Amount realised (Rs. in crore)
1. HTL Limited 55.00

2. CMC Ltd. 152.00

3. Properties of ITDC at Bangalore, Agra, 60.16+ Madurai, Bodh Gaya, Hassan and Mamallapuram
4. Properties of the Hotel Corporation of India 159.51+ at Mumbai and Rajgir (Bihar)
TOTAL 426.67++
+ Amount to be realised . ++ Including Rs.219.67 crore to be realised.



(b) & (c) During the year 2000-2001, HTL Ltd. and CMC Ltd. earned profits whereas ITDC and the Hotel Corporation of India ltd. incurred losses.


(d) & (e) Yes, Sir. During the year 2001-2002 , a portion of the Government held equity in some profit making PSUs like IBP Ltd., Indian Petrochemicals Corporation Ltd., Hidustan Zinc Ltd., NEPA Ltd., Videsh Sanchar Nigam Ltd. etc. is to be disinvested.

(f) & (g) Yes, Sir. Modern Food Industries (India) Ltd. and some hotels of ITDC and Hotel Corporation of India Ltd., which were incurring losses have been disinvested.