(a) whether the Government have decided to corporatise the four
Government mints in kolkata, Noitla, Mumbai & Hyderabad as per the
recommendations of the Expenditure Reforms Commission(ERC) with a view
to meet the demand of coins;
(b) if so, the details in this regard ;
(c) whether the Mint employees Association have expressed their
concern and opposed this move; and
(d) if so, the reaction of the Government thereto ?
FINANCE MINISTER (SHRI YASHWANT SINHA)
(a) & (b) Yes, Sir, Based on the recommendation of the Expenditure
Reforms Commission, decided to corporatise the four India Government
Mints has been taken with a view to providing greater operational
freedom, financial autonomy and improving their efficiency.
(c) & (d) Some Employees Unions/Associations have represented against
the decision of the Government to corporatise the India Government
Mints. However, Government feels that employee interests will not be
adversely effected by corporatisation of the Mints whose objective is
to improve efficiency. Interests of the employees will be also be kept
in view while creating a Corporate Structure.