to the reply given to Unstarred Question No.2498 on August 8, 2000, and state:
(a) whether the information sought has since been collected;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
to the reply given to Unstarred Question No.2498 on August 8, 2000, and state:
(a) whether the information sought has since been collected;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
MINISTER OF STATE FOR STEEL (SHRI BRAJA KISHORE TRIPATHY)
(a) to (c): The information in respect of Unstarred Question No.2498 on August 8, 2000 asked by Shri Manikrao Hodlya Gavit was collected and furnished to Ministry of Parliamentary Affairs on 4.9.2000. Copy of assurance fulfillment statement giving requisite information is annexed.
(a) to (c): The information is being collected and will be laid on the Table of the Lok Sabha.
(a) & (b): The details of the Small Induction Furnace based Steel Plants declared sick by Board for Industrial and Financial Reconstruction (BIFR) during the last three years and the current year are given in the annexure. The main reason for their sickness is financial problems.
(c) Under the extant Industrial Policy, the Iron & Steel Industry has been completely liberalised. Market conditions, therefore, determine the fate of any unit. In case of sickness, Government provides the institutional mechanism of BIFR for considering revival option.
ANNEXURE
THE DETAILS OF THE SMALL INDUCTION FURNACE BASED STEEL PLANTS DECLARED SICK DURING THE LAST THREE YEARS
SL. NAME OF THE UNIT STATE OA & DATE OF ORDER PRESENT STATUS WITH BIFR NO. YEAR 1997
1. M/s. Ravi-Hi Tech Ltd. Bihar IIBI 16.5.2000BOB Winding up Notice issued
2. M/s. Jalan Ispat Cast-ings Ltd. Gujarat BOB Under Inquiry
3. M/s. Singhal Swaroop Ispat Ltd. Maharashtra IDBI Under Inquiry
YEAR 1998
4. M/s Didar Steel CO.Pvt. LTD Punjab IFCI 21.2.2000 Revival Scheme sanctioned under 18(4)
5. M/s Unimetal Ispat Ltd Andhra NA17.11.1999 Dismissed as non maintainable 6. M/s. Volvo Steel Ltd. Gujarat NA 27.3.2000 -do-
7 M/s. Sri Ramkrishna Steel Ind. Ltd. Tamil Nadu IDBI 18.2.2000 Winding up notice issued
8. M/s. Gujarat Electro-melt Ltd. Gujarat IDBI 18.2.2000 Under Inquiry
9. M/s. Punjab Iron & Steel Ltd. Punjab IFCI Under Inquiry 10. M/s. G.K. Steel & Allied Ind. Ltd. Tamil Nadu IDBI Under Inquiry 11. M/s. Raigad Castings Ltd. Maharashtra N. A. Under Inquiry 12. M/s. Simplex Indus-tries Ltd. M.P. BOB 1.11.99 Under Inquiry 13. M/s. Swaroop Steel Ltd. Maharashtra CBI Under Inquiry 14. M/s. Eltex Super Castings Ltd. Tamil Nadu N. A. Under Inquiry 15. M/s. Zenith Alloy & Steels Ltd. W.B. N. A. Under Inquiry
YEAR 1999
16. M/s. Aarkay Concast Ltd. Punjab N. A. 18.2.2000 Dismissed as non maintainable 17. M/s. Garg Concast Punjab Ltd. Punjab N.A. 14.7.1999 -do- 18. M/s. Rajest Malleables Ltd. Gujarat IDBI Under Inquiry 19. M/s. Vashisht Indl. Prod. Ltd. Punjab N.A. -do- 20. M/s. Southern Ferro Ltd. Karnataka IDBI -do- 21. M/s. Alfa Castings Pvt. Ltd. U.P. PNB -do- 22. M/s. Aggarwal Steel Complex W.B. BOI -do- 23. M/s. Frontier Alloys Steels Ltd. U.P. IDBI -do- 24. M/s. Krishna Engg. Works Ltd. Punjab IDBI -do- 25. M/s. Metro Castings Ltd. Tamil Nadu N.A -do-
YEAR 2000
26. M/s. Kusum Alloys Ltd. Karnataka N.A Under Inquiry 27. M/s. Kanakdhara Castings Pvt. Ltd. Maharashtra N.A -do-