Revival of closed Government Factories: List of loss making CPSEs & CPSEs/units approved for closure

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

LOK SABHA

ANSWERED ON: 17.07.2017

Revival of closed Government Factories

(a) whether the Government factories are running in commercial loss in several States and several others have been shut down due to losses;

(b) if so, the details thereof and the reasons therefor;

(c) the details of the Government factories shut down due to losses during the last three years, State/UT-wise; and

(d) if so, the details thereof and if not, the reasons therefor?

ANSWER

(a) to (d): The details of Government factories running in losses are not maintained by Department of Public Enterprises (DPE). As per the Public Enterprises Survey 2015-16, that was laid on the Table of both the Houses of Parliament on 21.3.2017, there are 78 Central Public Sector Enterprises (CPSEs) which have incurred loss in 2015-16. The Ministry-wise, State-wise (State, where registered office of CPSEs are located) details of loss making CPSEs are given in Annexure-I.

The CPSEs suffer with sickness due to a number of factors including poor order book, shortage of working capital, surplus manpower, obsolete plant and machinery and difficulty to adjust to changing market conditions.

As per the information available with Department of Public Enterprises, the details of CPSEs /units approved for closure by the Government are given in Annexure-II.

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ANNEXURE-I 

Rs. In Lakhs

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ANNEXURE-II