Databank on Central and State Level Public Enterprises in India

During the present era of fiscal deficits and the change in emphasis for enhancing social sector outlays, the disinvestments in Central Public Sector Enterprises (CPSEs) and State Level Public Enterprises (SLPEs) can provide the much required resources to the Central and State Governments. It is in this backdrop that IPE has set up a databank centre which caters to the consultancy and research needs of Central and various State Governments, Departments etc., for taking timely decisions on various issues like turnaround, restructuring, closure, merger of the enterprises and listing of enterprises in stock markets.

The database provides the requisite information pertaining to CPSEs/SLPEs with regard to their investments, sectoral composition, capacity utilisation, turnover, rate of returns, contribution to the economy, employment generated and nature of operations - core/non-core etc.

The database captures information on Financial Parameters (includes items in balance sheet, profit and loss account/incomeandexpenditure)

Production Details, Capacity Utilization, Technology Innovation/R&D, Human Resource, Corporate Governance fields, manpower

Broad Structures

Stock Market Information for listed companies

Sources of Information

Centre has been collecting information from both primary and secondary sources of information.

Primary Source through questionnaire

Secondary Source:

Published Documents viz.,

CAG (Commercial Reports)

COPU Reports

Annual Reports of the concerned Enterprises

Budget Documents

Publications of Department of Public Enterprise

Bureau of Public Enterprises

Beneficiaries from Database

  • Planning Commission
  • Finance Commission
  • Department of Public Enterprise, GoI
  • State Governments

The center has supplemented the required data for 2nd pay revision of CPSEs. Helping various State Level Public Enterprises in evaluating their performance.

Research & Consultancy Activities

Centre has been carried out various research and consultancy activities viz.,

IPE’s empirical research is used by the government extensively as could be seen from IPE reports submitted to these bodies (8th FC, 9th FC, 10th FC and 11th FC).

IPE has been working as a consultant to various state governments for evaluating the performance of their respective state enterprises on various issues like, MoU, Turnaround, Training Needs etc.

Planning Commission, Government of India has entrusted IPE a study on Performance of SLPEs in India and the study report got published in the 11th Five Year Plan Document under Industries Section, Volume.III, Page No.155 (See Annexure-5)

The Ministry of Disinvestment, Government of India, New Delhi . dated 31st March, 2003 has entrusted the study entitled “Disinvestment in SLPEs” to Institute of Public Enterprise. As a part of the study the following reports were submitte:

Disinvestment Scenario in SLPEs in various states

Progress of Disinvestment in SLPEs in various states

SLPEs Privatisation : A Macro Analysis

Disinvestment/Privatisation practices : State-wise

Disinvestment/Privatisation in SLPEs: Commonalities and Distinguishing Features

Final Report on Disinvestment in SLPEs

Publications

Centre has been bringing out various publications:

IPE Working Paper Series – 66: Comparison of CAPM and Actual Market Returns of PSBs and PSFIs in India.

Valuation of Equity Shares of Public Sector Enterprises: An analysis: -IPEs Journal o f Managerial Finance and Research, Jan-June 2009.

Study of the Contribution of CPSE and PSFI companies to the Bombay Stock Exchange Market Capitalization, International Journal of Financial Management, Vol. I, Issue 2, April 2011.

Influence of Corporate Fundamental on Equity Return of Public Sector Banks and Public Sector Financial Institutions in India – The journal of Institute of Public Enterprise, Jan-June, 2011.

Comparison of CAPM and Actual Market Returns of PSBs and PSFIs in India. – IPEs, The journal of Venture Capital and Financial Services – Volume 6, No.2, July-December, 2012.

Optimizing Returns in Volatile Stock Markets – A Scientific Approach, The International Journal of Social Science and Management, January, 2012.

Student activities

The centre is assisting the management students in doing their summer internships and final projects.

The data is being used for class room exercises.

Future activities

The database will focus on the performance of public enterprises in developing nations and developed nations.

To create open source to the database so that the general public will have access.

Inter sectoral comparisions

IPE Databank reference in Government of India Publication