Capacity Building of CPSEs

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Department of Public Enterprises (DPE) has taken several initiatives during the last five years for capacity building of Central Public Sector Enterprises (CPSEs). These include:

 

(i) Professionalization of the Boards of CPSEs through filling up vacant positions of Non-

     official Directors (NODs)

(ii) Monitoring of CAPEX of selected CPSEs and sending monthly report to PMO

(iii) Issue guidelines on personnel, wage matters, performance improvement and evaluation

(iv) Granting autonomy and financial delegation to CPSE under corporate governance

(v) Organizing trainings, workshops and orientation programmes

 

Details of such programmesorganized by DPE during the last 5 years are given below:

 

 

Year

Number of training programmes / workshops /orientation programme

Number of officers/employees of CPSEs and State Level Public Enterprises

2014-15

13

462

2015-16

24

1532

2016-17

34

2009

2017-18

32

1584

2018-19

39

1815

 

The details of total short term and long term loans of CPSEs based on the Public Enterprises Surveys for the financial years 2014-15 to 2018-19 also laid in the Parliament are given below:

 

 

Year

Short and long term debts

(Rs. crore)

2014-15

11,00,459.83

2015-16

1,171,767.40

2016-17

12,43,187.87

2017-18

14,76,798.80

2018-19

17,20,587.98

DPE had issued Guidelines dated 29.10.2015 for Streamlining the mechanism for revival and restructuring of sick / incipient sick and weak CPSEs: General principles and mechanism of restructuring.As per these guidelines, the administrative Ministries / Departments concerned are responsible for monitoring the performance of CPSEs functioning under them and taking timely measures for revival/ restructuring of sick/loss making CPSEs on a case to case basis.

This information was given by the Minister of Heavy Industries & Public Enterprises, Prakash Javadekar, in a written reply in theLok Sabha today.