MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI PRAFUL PATEL)
(a): According to the information available with the Department of Heavy Industry,
eight Public Sector Undertakings (PSUs) under the administrative control of the
Department have not made payment of salaries to their employees since October, 2012.
(b): The details of these PSUs are as under:
(Rs. In crore)
S. No. PSU No. of Employees Amount of outstanding salary
1. HMT Watches Limited 1105 18.85
2. HMT Chinar Watches Ltd. 54 0.78
3. HMT Bearings Ltd. 65 1.38
4. Triveni Structurals Ltd. 131 1.34
5. Tungbhadra Steel Products Ltd. 93 1.08
6. NEPA Limited 1178 17.96
7 Hindustan Cables Limited 1832 43.73
8. Hindustan Photo Films 687 4.72 Mfg. Co. Ltd. TOTAL 5145 89.84
(c): These PSUs are sick/loss making PSUs and are not able to make payment of salaries
to their employees as they are not in a position to generate funds to meet the
requirement. The Government has been providing financial assistance as non-plan
loans to such PSUs from time to time to make payment of outstanding salaries to their
employees. Non-plan loans amounting to Rs. 81.92 crores have been sanctioned to eight
PSUs in March, 2013 for payment of outstanding salary/wages of their employees from
1.4.2012 to 30.9.2012.
(d) No, Madam.
(e) Does not arise.