(a) whether the Government are contemplating to bring about some improvement in the heavy industries;
(b) if so, the details of the industries selected for the purpose;
(c) whether the Government are contemplating to reduce its shares invested in the heavy industries; and
(d) if so, the details in this regard?
MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (DR. VALLABHBHAI KATHIRIA)
(a) & (b): It has been the constant endeavour of the Government to improve the performance of Public Sector Undertakings (PSUs) through adoption of appropriate means like revival through Board for Industrial and Financial Reconstruction (BIFR), financial restructuring wherever appropriate; joint venture formation to have continuous access to technology, finance & marketing; manpower rationalization. With regard to PSUs under the Department of Heavy Industry, revival plans have been sanctioned by BIFR in case of 12 PSUs involving cash infusion of Rs.637 Crore and financial restructuring of Rs.2063 Crore and the same are under implementation. In addition, Government has on its own approved financial restructuring of 7 other sick/loss making company involving fresh infusion of funds to the extent of Rs.531 Crore and financial restructuring of Rs.1443 Crore.
(c) & (d): The Policy of the Government with regard to disinvestments in Central PSUs is to bring down Government equity in all non-strategic PSUs to 26% or lower, if necessary.
ANNEXURE REFERRED TO IN REPLY TO PARTS (a) to (c) OF LOK SABHA UNSTARRED QUESTION NO. 2951 FOR
ANSWER ON 7/12/2001 REGARDING PRODUCTION OF CEMENT ASKED BY SHRI CHANDRAKANT KHAIRE, SHRI VAIKO
AND DR. C. KRISHNAN
UNITWISE CAPACITY AND PRODUCTION OF EACH PLANT OF CEMENT CORPORATION OF INDIA LIMITED
DURING THE LAST THREE YEARS
Unit Installed Capacity 1998-99 1999-2000 2000-01(in MT) (MT/Annum) (in MT) (in MT)
Bokajan 198000 127020 118320 134335 Rajban 198000 159150 162155 106231 Tandur 1000000 489200 364100 36460 Adilabad 400000 106999 9287 1806 Nayagaon 400000 9920 1855 0 Kurkunta 198000 44150 0 0 Delhi Grinding 500000 10740 0 0 Unit/Nayagaon Expansion Sub-total 2894000 947179 655717 278832 Mandhar 380000 30 - - Akaltara 400000 - - - Charkhi-Dadri 174000 15 - -
Total:- 3848000 947224 655717 278832