Question : CPSEs in Karnataka

(a) the details of Central Public Sector Enterprises (CPSEs) established in Karnataka till date;
(b) whether the Government has identified land for disposal regarding those CPSEs that have been earmarked for closure;
(c) if so, the details thereof along with the guidelines issued for disposal of land and the current status of the same;
(d) the details regarding proceeds realised from disposal of assets of such CPSEs; and
(e) the other new initiatives taken by the Government for CPSEs during the last three years in Karnataka?

THE MINISTER OF STATE FOR HEAVY INDUSTRIES & PUBLIC ENTERPRISES
(SHRI ARJUN RAM MEGHWAL)

(a): As per information available with Department of Public Enterprises, there are 19 Central Public Sector Enterprises (CPSEs) which have Registered Office in the State of Karnataka as on 31.3.2020. Details of such CPSEs are given in Annex-I

(b) to (d): As per the information available with Department of Public Enterprises(DPE), out of these 19 CPSEs, 3 CPSEs namely HMT Watches Ltd., STCL Ltd. and Tungabhadra Steel Products Ltd. having Registered Office in the State of Karnataka have been approved for closure by the Government. The detail of status of disposal of land of these three CPSEs is given in Annex-II.

DPE has issued guidelines on 14th June,2018 to all the administrative Ministries/ Departments of CPSEs on time bound closure of sick / loss making CPSEs and disposal of their movable and immovable assets. As per these guidelines, the administrative Ministry / Department / CPSE in consultation with Land Management Agency (LMA) identifies/ undertakes sale/ transfer of land of CPSE under closure. DPE does not centrally maintain data on disposal of land and other assets of CPSEs and amount realized thereof.

(e): In addition to the aforesaid closure guidelines issued on 14.06.2018, DPE has taken initiatives for CPSEs in respect of evaluation and monitoring the performance of CPSEs and Capacity Building programmes for executives and senior management of CPSEs. These are also applicable to CPSEs located in Karnataka.
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