(a) the names and number of public sector undertakings or departments in Uttar Pradesh, Delhi and Maharashtra in which disinvestment is proposed to be done;
(b) the reasons for disinvestment in the said undertakings;
(c) whether the Government have made any efforts to revive these undertakings;
(d) if so, the details thereof; and
(e) if not, the reasons therefor?
Minister of State of the Department of Disinvestment (Shri Arun Shourie)
(a) The disinvestment proposals has been cleared by the Government in respect of the following Public Sector Undertaking, whose headquarters are located in Uttar Pradesh, Delhi and Maharashtra:-
Name of PSU Location of Headquarters(b), (c), (d) & (e) Disinvestment in these PSUs is being done as per the declared policy of the Government to bring down the Government held equity to 26% or less in all non-strategic PSUs, irrespective of the fact whether there are profit making or loss incurring PSUs. The revival and strengthening of the PSUs with Government support is a continuous process and whenever necessary and appropriate such support is provided to the company by the Government.
1. BALCO New Delhi.
2. Engineering Projects India Ltd. New Delhi.
3. Indian Airlines New Delhi.
4. Indian Tourism Development Corporation New Delhi.
5. Scooters India Ltd. Lucknow (U.P.) 6. Bharat Leather Corporation Ltd. Agra (U.P.)
7 National Fertilizers Ltd. NOIDA (U.P.)
8. Air India Mumbai (Maharashtra)
9. Hindustan Organic Chemicals Ltd. Rasayani (Maharashtra)