Sunday, March 17, 2013

Sick Central Public Sector Enterprises and their Employees

As per information available in the Public Enterprises Survey 2011-12 that was laid in the Parliament on 26th& 27th February, 2013 there were 64 sick Central Public Sector Enterprise (CPSEs) as on 31.3.2012. Giving this information in written reply to a question in the Rajya Sabha on 5th March , Shri Praful Patel, Minister of Heavy Industries & Public Enterprises, said that as per Government of India Resolution dated 6.12.2004, a Central Public Sector Enterprise (CPSE) is considered sick if it has accumulated losses in any of the financial year, equal to 50% or more of its average net worth during 4 years immediately preceding such financial year and/or a CPSE which is a sick company within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). The list of these sick CPSEs along with the number of employees working in these CPSEs is as follows:

S. No.
Name of the CPSE
Number of   Employees as on 31.3.2012
1
HMT Bearings Ltd.
74
2
Bharat Heavy Plate & Vessels Ltd.
1178
3
Hindustan Fluorocarbons Ltd.
146
4
Brahmaputra Valley Fertilizer Corpn. Ltd.
1082
5
STCL Ltd.
54
6
Assam Ashok Hotel Corpn. Ltd.
75
7
Andaman & Nicobar Isl. Forest & Plant. Dev. Corp. Ltd
1295
8
Bihar Drugs & Organic Chemicals Ltd.
0
9
Bharat Wagon& Engineering Co. Ltd.
829
10
National Textiles Corporation Ltd.
8379
11
Hindustan Shipyard Ltd.
2446
12
National Projects Construction Corporation Ltd.
1641
13
Hindustan Vegetable Oils Corporation Ltd.
112
14
Hotel Corporation of India Ltd.
1279
15
Airline Allied Services Ltd.
0
16
Fertilizer Corporation of India Ltd.
26
17
Hindustan Fertilizer Corporation Ltd.
14
18
Indian Drugs & Pharmaceuticals Ltd.
212
19
HMT Chinar Watches Ltd.
111
20
J&K Mineral Development Corporation Ltd.
4
21
Bharat Coking Coal Ltd.
64884
22
Ranchi Ashok Bihar Hotel Corpn. Ltd.
46
23
Tungabhadra Steel Products Ltd.
98
24
HMT Machine Tools Ltd.
3278
25
ITI Ltd.
9512
26
HMT Watches Ltd.
1219
27
HMT Ltd.
1699
28
Fertilizers & Chemicals Travancore Ltd.
2823
29
NEPA Ltd.
1000
30
Madhya Pradesh Ashok Hotel Corpn. Ltd.
58
31
Richardson &Cruddas(1972) Ltd.
50
32
Hindustan Organic Chemicals Ltd.
1277
33
Hindustan Antibiotics Ltd.
1147
34
Air India Charters Ltd.
277
35
Air India Air Transport Services Ltd.
1683
36
Air India Ltd.
28005
37
National Film Development Corporation Ltd.
102
38
North Eastern Handicrafts & Handloom Dev. Corpn. Ltd.
105
39
Nagaland Pulp & Paper Co. Ltd.
221
40
Orissa Drugs & Chemicals Ltd.
68
41
Utkal Ashok Hotel Corpn. Ltd.
23
42
Hindustan Salts Ltd.
110
43
Instrumentation Ltd.
1333
44
Sambhar Salts Ltd.
97
45
Hindustan Photo Films Manufacturing Corpn. Ltd.
714
46
Madras Fertilizers Ltd.
733
47
IDPL (Tamilnadu) Ltd.
56
48
TriveniStructurals Ltd.
139
49
Scooters India Ltd.
797
50
British India Corporation Ltd.
1971
51
Elgin Mills Co. Ltd.
178
52
Bharat Immunological &Biologicals Corp. Ltd.
118
53
Tyre Corporation of India Ltd.
148
54
Hindustan Cables Ltd.
1958
55
Birds, Jute &Exports Ltd.
2
56
National Jute Manufactures Corporation Ltd.
1
57
Bengal Chemicals & Pharmaceuticals Ltd.
629
58
Eastern Coalfields Ltd.
78009
59
Hindustan Steelworks Construction Ltd.
517
60
Central Inland Water Transport Corporation Ltd.
370
61
Hooghly Dock & Port Engineers Ltd.
478
62
BieccoLawrie Ltd.
368
63
Burn Standard Company Ltd.
897
64
Fresh and Healthy Enterprises
33

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