Question : Setting up of PSU-Heavy Industry

(a) whether the Government has set up any Public Sector Undertaking (PSU) / Heavy Industry in States including Madhya Pradesh, Jammu and Kashmir and Gujarat during the last three years;

(b) if so, the details thereof;

(c) if not, the reasons therefore; and

(d) the details of the profit earned / loss incurred by the Central Public Sector Undertakings (CPSUs) in the said States during the said period?

Answer given by the minister

THE MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
(SHRI ANANT G. GEETE)

(a) to (d): A statement is laid on the Table of the House.
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Statement referred to in Lok Sabha Starred Question No. *39 for reply on 05.02.2019 regarding Setting up of PSU/Heavy Industry asked by Hon’ble Members Shrimati Riti Pathak and Shri Jugal Kishore.
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(a) to (d): As per information available from the Ministries / Departments, 49 Central Public Sector Enterprises (CPSEs) including subsidiaries were established in the country during the last three years i. e. 2015-16, 2016-17 and 2017-18. The State-wise location of these CPSEs as per their Registered Offices is given in Annex-1. The decision to establish more CPSEs is taken by the concerned administrative Ministries / Departments in consultation with various stakeholders and in line with techno-economic feasibility.

During the last three years one CPSE namely, Jammu & Kashmir Development Finance Corporation has been established in the State of Jammu & Kashmir. No CPSE has been established in the States of Madhya Pradesh and Gujarat during 2015-16, 2016-17 and 2017-18. The detail of profit/loss of the 49 CPSEs which were established during the last three years is given in Annex-2.

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