1 What are navratan companies in india?
LIST OF NAVRATNA PSEs
1. Bharat Heavy Electricals Ltd.
2. Bharat Petroleum Corporation Ltd.
3. Gas Authority of India Ltd.
4. Hindustan Petroleum Corporation Ltd.
5. Indian Oil Corporation Ltd.
6. Mahanagar Telephone Nigam Ltd.
7. National Thermal Power Corporation Ltd.
8. Oil & Natural Gas Corporation Ltd.
9. Steel Authority of India Ltd.
2 Listed companies in this navratan
3 List of companies planned for disinvestments in psu
The government may now look at disinvestment in public sector undertakings (PSUs) across the services sector.
“Besides loss-making units, even ...view middle of the document...
Among these PSUs, disinvestment could possibly be initiated immediately in the case of RITES, Shipping Corporation of India, Engineers India, Engineering Projects India, State Trading Corporation, MMTC and ITPO, according to the finmin view. “In the case of ITPO, exporters and even Exim Bank of India could have a stake,” it has said.
As for NBCC and NFDC, the paper has suggested that there could even be full sale of the companies. NFDC is a loss-making company and there’s no need for the government to be in the films sector, according to the paper.
These disinvestments would not only yield sizeable revenues for the government, but also make these companies more efficient, contributing to the growth process, the finance ministry paper has said.
According to Kaushik Basu, chief economic advisor to the finance ministry, the objective of the policy paper is to improve economic analysis and promote evidence-based policy formulation.
Only last week, the Cabinet Committee on Economic Affairs cleared the proposal of 20% disinvestment in state-run Steel Authority of India Ltd through a follow-on public offer and issue of fresh equity.
The UPA government plans to raise at least Rs 40,000 crore in the current fiscal by increasing the public holding in PSUs. In the previous fiscal, the government had fallen short of its disinvestment target. The government wants to bridge its fiscal deficit through the disinvestment proceeds.
4 Hw many psu companies in india
251 psu compaies
5 How many psu are loss making companies
So, which are the profit-making PSUs and the loss-making ones? The following table gives the answer:
Table 2: Top 5 Rankings
Profit-making PSUs | Net Profit | Investment in Budget 2012 | Loss-making PSUs | Net Loss (-) | Investment in Budget 2012 |
ONGC | 18,924 | 33,065 | Air India | 6,865 | 4,928 |
NTPC | 9,103 | 20,995 | BSNL | 6,384 | 9,504 |
IOC | 7,445 | 650 | MTNL | 2,802 | 887 |
NMDC | 6,499 | 4,655 | Hindustan Photo Films Manufacturing Limited | 1,157 | 0 |
BHEL | 6,011 | 1,696 | Indian Drugs and Pharmaceuticals | 622 | 0.01 |
6 business plan
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