(a) whether five undertakings like Modern Food Industries ltd., B.A.L.C.O., C.M.C., H.T.L. and L.J.M.C. (Lagan Jute Machinery Co. Ltd.) have been privatised;
(b) if so, whether the said undertakings are earning profit;
(c) if so, the details thereof;
(d) whether even not a single employee of these undertakings has been retrenched; and
(e) the tax paid by the undertakings to the Union Government during the last six months?
MINISTER OF DISINVESTMENT AND MINISTER OF DEVELOPMENT OF NORTH EASTERN REGION (SHRI ARUN SHOURIE)
(a) Yes, Sir. Modern Food Industries (India) Ltd., Bharat Aluminium Company Ltd. (BALCO), CMC Ltd., HTL Ltd. and Lagan Jute Machinery Co. Ltd. (a subsidiary of Bharat Bhari Udyog Nigam Ltd.) have been privatised.
(b) & (c) The net profit/loss of these companies as of 31-3-2000 are as follows:-
Name of the Company Profit/Loss (-) Rs. in crore
Modern Food Industries (India) Ltd. - 48.23 Bharat Aluminium Company Ltd. 55.89 CMC Ltd. 12.70 HTL Ltd. 12.45 Lagan Jute Machinery Co. Ltd. - 0.42