a) whether the Government has decided to divest Public Sector Undertakings (PSUs) through Initial Public Offer (IPO) sale process;
b) if so, the details of sale target and further proceedings thereof;
c) the details of present account status of PSUs and the share of the Government in comparison to the year 2012; and
d) the details of fund utilization which has been raised through sale of PSUs shares during the last four years, year-wise?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PON. RADHAKRISHNAN)
(a) Yes Sir. The Government of India has approved in 2017-18 listing of 14 CPSEs in sectors like railways, defence, power, steel, renewable energy and insurance of which 8 CPSEs have since been listed.
(b) Disinvestment Targets & Realization in last 4 years :
S. No. Financial
Year Target for Disinvestment of CPSEs Proceeds from Disinvestment
Budget Estimate Revised Estimate
1. 2014-15 43,425 26,353 24,349
2. 2015-16 69,500 25,313 23,997
3. 2016-17 56,500 40,000 46,247
4. 2017-18 72,500 1,00,000 1,00,057
(c) The details of Government of India shareholding of CPSEs as on 31st March, 2012 and 31st March, 2018 is annexed as Annexure-I.
(d) The details of fund utilization and Disinvestment proceeds are as follows :
(Rs. In crores)
Description 2014-15 2015-16 2016-17 2017-18
(RE)
Utilisation (through National Investment Fund) 29,438.42 23,997.91 35,469.98 85,100.00
Annexure-I
The details of Government of India shareholding of CPSEs as on 31st March, 2012 and 31st March, 2018.
S. No. CPSE GoI''s Shareholding as on 31.03.2012
(in %age) GoI''s Shareholding as on 31.03.2018
(in %age)
1 ANDREW YULE & CO.LTD. 93.30 89.25
2 BALMER LAWRIE INVESTMENTS LTD. 59.67 59.67
3 BEML LTD. 54.03 54.03
4 BHARAT DYNAMICS LTD. 100.00 87.75
5 BHARAT ELECTRONICS LTD. 75.86 66.79
6 BHARAT HEAVY ELECTRICALS LTD. 67.72 63.06
7 BHARAT IMMUNOLOGICALS & BIOLOGICALS CORP.LTD. 59.25 59.25
8 BHARAT PETROLEUM CORP.LTD. 54.93 54.31
9 COAL INDIA LTD. 90.00 78.55
10 COCHIN SHIPYARD LTD. 100.00 75.00
11 CONTAINER CORP.OF INDIA LTD. 63.09 54.80
12 DREDGING CORP.OF INDIA LTD. 78.56 73.47
13 ENGINEERS INDIA LTD. 80.40 52.02
14 FERTILIZERS & CHEMICALS TRAVANCORE LTD. 98.56 90.00
15 GAIL (INDIA) LTD. 57.34 53.59
16 GENERAL INSURANCE CORP.OF INDIA 100.00 85.78
17 HINDUSTAN AERONAUTICS LTD. 100.00 89.97
18 HINDUSTAN COPPER LTD. 99.59 76.05
19 HINDUSTAN ORGANIC CHEMICALS LTD. 58.78 58.78
20 HINDUSTAN PETROLEUM CORP.LTD. 51.11 NIL
21 HINDUSTAN PHOTO FILMS MFG.CO.LTD. 90.68 90.00
22 HMT LTD. 99.88 93.69
23 HOUSING & URBAN DEVELOPMENT CORP.LTD. 100.00 89.81
24 INDIA TOURISM DEVELOPMENT CORP.LTD. 92.11 87.03
25 INDIAN OIL CORP.LTD. 78.92 56.98
26 ITI LTD. 92.98 92.63
27 KIOCL LTD. 99.00 99.00
28 MADRAS FERTILIZERS LTD. 59.50 59.50
29 MAHANAGAR TELEPHONE NIGAM LTD. 56.25 56.25
30 MISHRA DHATU NIGAM LTD. 100.00 74.00
31 MMTC LTD. 99.33 89.93
32 MOIL LTD. 80.00 65.69
33 NATIONAL ALUMINIUM CO.LTD. 87.15 60.20
34 NATIONAL FERTILIZERS LTD. 97.64 74.71
35 NBCC (INDIA) LTD. 90.00 74.29
36 NEW INDIA ASSURANCE CO.LTD., 100.00 85.44
37 NHPC LTD. 86.36 73.96
38 NLC INDIA LTD. 93.56 84.04
39 NMDC LTD. 90.00 72.43
40 NTPC LTD. 84.50 62.27
41 OIL & NATURAL GAS CORP.LTD. 69.23 67.72
42 OIL INDIA LTD. 78.43 66.13
43 POWER FINANCE CORP.LTD. 73.72 65.92
44 POWER GRID CORP.OF INDIA LTD. 69.42 56.91
45 RASHTRIYA CHEMICALS & FERTILIZERS LTD. 92.50 75.00
46 RITES LTD. 100.00 87.38**
47 RURAL ELECTRIFICATION CORP.LTD. 66.80 58.32
48 SCOOTERS INDIA LTD. 95.38 93.74
49 SHIPPING CORP.OF INDIA LTD.,THE 63.75 63.75
50 SJVN LTD. 89.97 90.78
51 STATE TRADING CORP.OF INDIA LTD. 91.02 90.00
52 STEEL AUTHORITY OF INDIA LTD. 85.82 75.00
** RITES GoI Shareholding as on 30.06.2018