Update On Privatization Of Public Enterprises
As per Public Enterprises Survey 2017-18 that was laid in the Parliament on 27.12.2018, there were 339 Central Public Sector Enterprises (CPSEs) as on 31.03.2018, out of which 257 were in operation and 82 were under construction. Of the 257 operating CPSEs, 71 CPSEs had incurred losses during 2017-18.
There were 16 Navaratna CPSEs as on 31.3.2018. Out of these, the strategic disinvestment has been completed in two CPSEs namely, Hindustan Petroleum Corporation Ltd. and Rural Electrification Corporation Limited. At present there is no proposal for strategic disinvestment of other Navaratna CPSEs.
This information was given by the Minister for Heavy Industries & Public Enterprises, Arvind GanpatSawant, in a written reply in the Rajya Sabha.