Question : INVESTMENT BY CPSU



(a) the investment made by Public Sector Undertakings during the last three years;

(a) whether the Central Public Sector Undertakings have made significant contribution to the national economy through overall improvement in their performance and productivity; and

(c) if so, the details thereof alongwith the gross and net profit made by each PSU during the last three years?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES( SHRI SANTOSH UMAR GANGWAR )

(a) As per Public Enterprises (PE) Survey 2001-02, during last three years i.e. 1999-2000, 2000-01 and 2001-02, the latest period for which information is available, the Central Public Sector Undertakings (CPSUs) have made annual investment of Rs. 13578 crore, Rs. 21453 crore and Rs 50434 crore respectively.

(b) & (c) Yes Sir. CPSUs have made contribution to the national economy as measured in terms of contribution to Central exchequer by way of taxes, interest, dividends etc as well as profits made by them, the details of which are available in PE Survey of respective years placed in both the Houses of Parliament. Volume III of PE Survey 2001-02 placed in Parliament on 3.3.2003 contains enterprise-wise balance sheets which give figures of gross profit (Profit Before Interest & Tax) and net profit during the last three years 1999-2000, 2000-01 and 2001-02