Question : PERFORMANCE OF COMPANIES .



(a) Whether the Government has reviewed the performance of mini Navaratna companies under the Ministry; and

(b) if so, the details thereof during last three years, company-wise?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF MINES (DR.T.SUBBARAMI REDDY)

(a) & (b): There is only one Miniratna Company under the administrative control of Ministry of Mines viz. National Aluminium Company Limited

(NALCO). A Memorandum of Understanding (MOU) is signed between Ministry of Mines and NALCO every year. The performance of the NALCO is reviewed with reference to the MOU parameters. NALCO has been given excellent rating during the last three years.