Question : Financial Assistance to PSUs

(a) whether any financial assistance has been provided by the Government to some Public Sector Undertakings (PSUs) for smooth operation; and
(b) if so, the details of the financial assistance provided to these PSUs and the status of utilisation during each of the last two years and the current year, PSU-wise?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI G.M. SIDDESHWARA)

(a): As per Outcome Budget and Detailed Demands for Grants, there is no provision for “Smooth Operation” of a Public Sector Undertaking. However, there are provisions for meeting either their committed liabilities or providing funds as a part of revival package/ Capital expenditure.

(b): Not applicable. However, a statement having details of releases made to CPSEs under Department of Heavy Industry during last two years and current year is annexed.




Statement referred to in reply to (b) of Lok Sabha Unstarred Question No. 1459 for reply on 8.12.2015 regarding financial assistance to PSUs.

(Rs. in crore)

Sl.No. Name of CPSEs Financial assistance provided to CPSEs Purpose of financial assistance
Year 2013-14 Year 2014-15 Year 2015-16 (upto 30th November, 2015)
Plan Non-Plan Plan Non-Plan Plan Non-Plan
1. Hindustan Salt Ltd. (HSL) 2.00 1.84 5.75 1.96 5.00 1.00 Financial assistance has been provided to CPSEs for meeting either their committed liabilities or providing funds as a part of revival package/Capital expenditure.
2. Hindustan Paper Corporation ( (Cachar Paper Mill) (CPM) 47.23 0.00 268.56 0.00 50.00 0.00
3. Hindustan Engineering Corporation Ltd. (HEC) 0.00 182.43 0.00 47.89 0.00 0.00
4. Hindustan Cables Ltd. (HCL) 0.00 100.26 0.00 92.71 0.00 134.56
5. Hindustan Machine Tools Ltd. (HMT) 228.46 110.64 0.00 279.82 0.00 83.61
6. Scooter India Ltd. (SIL) 51.90 0.00 0.00 0.00 0.00 0.00
7. Triveni Structural’s Ltd. (TSL) 0.00 3.21 0.00 0.00 0.00 0.00
8. Tungbhadra Steel Products Ltd. (TSPL) 0.00 3.97 0.00 1.73 0.00 2.84
9. Hindustan Photofilms Manufacturing Ltd. (HPF) 0.00 27.30 0.00 12.53 0.00 23.50
10. Hindustan Paper Corporation Ltd. (Nagaland Pulp and Paper Corporation) (NPPC) 158.50 83.49 0.00 6.18 0.00 10.46
11. NEPA Ltd 8.10 51.25 50.00 34.91 50.99 0.00
12. Jagdishpur Paper Mills Ltd. (JPML) 0.00 0.00 18.00 0.00 0.00 0.00
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