According to
the Public Enterprises Survey 2001-02, laid in the Parliament
today, there has been improvement in the overall performance
of Central Public Sector Enterprises (CPSEs). There was an increase
in investment in CPSEs by Rs.50,434 crore i.e. from Rs.2,74,198
crore in 2000-01 to Rs.3,24,632 crore in 2001-02, marking an
increase of 18.39 per cent. The turnover/operating income has
increased from Rs.4,58,237 crore in previous year to Rs.4,78,728
crore, an increase of Rs.20,491 crore. The net profit has increased
to Rs.26,045 crore in 2001-02 from Rs.15,653 crore in 2000-01
marking 66 per cent increase. The return on equity share capital
(Net Profit to Paid-up capital ratio) was 24.58 per cent for
2001-02. The capital employed of public sector enterprises has
gone up by 17.76 per cent i.e. from Rs.3,31,401 crore in 2000-01
to Rs.3,90,261 crore.
However, the CPSEs
had declared a dividend of Rs.8,067 crore in 2001-02 as against
Rs.8,260 crore during 2000-01, a decrease of 2.34 per cent.
The dividend pay out ratio has also gone down to 30.97 per cent
as against 52.77 per cent in the previous year. The contribution
to Central Exchequer by way of excise duty, customs duty, corporate
tax, interest on Central Government loans, dividend and other
duties and taxes has gone up by Rs.1,716 crore, i.e. from Rs.61,037
crore in 2000-01 to Rs.62,753 crore in 2001-02, marking an increase
of 2.81 per cent.
The Survey gives
a macro appraisal and analysis of the performance of CPSEs in
terms of physical and financial parameters. It also analyses
performance of 230 operating enterprises in different sectoral
groups. It contains a narrative description of the physical
and financial performance of the individual enterprises. The
Survey also contains enterprise-wise analytical data for three
years viz. 2001-02, 2000-01 and 1999-2000.