Question : CLOSURE OF PSUs



(a) the details of the public sector undertakings which the Government proposes to close down or wind up soon;

(b) whether the Government has made any scientific valuation of the properties of these PSUs;

(c) if so, the details thereof; and;

(d) if not, the reasons thereof?

Answer given by the minister

THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI SONTOSH MOHAN DEV)

(a) to (d):- As on 31.3.2005, the Board for Industrial and Financial Reconstruction (BIFR) has recommended winding up of 29 CPSEs. Action for closure/winding up, as well as valuation/disposal of assets etc. of Central Public Sector Enterprises (CPSE) is taken by the concerned administrative Ministries/Departments on case-to-case basis from time to time. However, the information in this regard is not maintained centrally.