GO Ms No. 2
dt. 03.01.2002 AP State Agro Industries Development Corporation – Sanction of an amount of Rs. 2,20,26,592/- as an interest bearing loan @ 15% per annum to AP State Agro Industries Development Corporation towards payment of VRS (Phase III) benefits to 78 employees of the Corporation – Orders – Issued
GO Ms No. 7
dt. 30.01.2002 Spinning Mills – Chirala Cooperative Spinning Mills, Chirala – An amount of Rs. 5,85,93,802/- sanctioned as an interest bearing loan @ 15% to Chirala Cooperative Spinning Mills, towards payment of VRS benefits to its 468 employees – Amendment Orders – Issued
GO Ms No. 8
dt. 30.01.2002 Spinning Mills – Nellore Cooperative Spinning Mills, Nellore – An amount of Rs. 3,28,058/- sanctioned as an interest bearing loan @ 15% to Nellore Cooperative Spinning Mills, towards payment of VRS benefits to its (6) employees – Orders – Issued
GO Ms No. 9
dt. 31.01.2002 AP State Agro Industries Development Corporation Limited – Implementation of VRS to the employees of teh Corporation – Sanction of an amount of Rs. 47,89,061/- as an interest bearing loan towards payment of supplementary claim consequent on implementation of P.R.C. 1999 to the 63 employees of AP State Agro Industries Development Corporation Limited – Orders – Issued
GO Ms No. 10
dt. 01.03.2002 AP State Cooperative Consumer Federation – (FEDCON) – sanction of an amount of Rs. 2,09,05,220/- as an interest bearing loan @ 15% per annum to FEDCON towards payment of VRS benefits to its 61 employees – Orders – Issued
GO Ms No. 14
dt. 01.05.2002 Public Enterprise Reform – Implementation of VRS to employees in the course of Privatisation of PSUs as a result of which the management passes over to Private Management – Revised orders – Issued
GO Ms No. 15
dt. 04.05.2002 Andhra Pradesh State Irrigation Development Corporation Limited – Employees of defunct APSCC Limited in APSIDC Limited, retired under VRS – Supplemental VRS claim for the service rendered in APSCC Limited – Sanction of an amount of Rs. 1,76,212/- orders – Issued
GO Ms No. 16
dt. 06.05.2002 Andhra Pradesh Textile Development Corporation Limited – Implementation of VRS to the employees of the Corporation – Sanction of an amount of Rs. 42,14,085/- as an interest bearing loan towards payment of VRS benefits to 13 employees of the Corporation – orders – Issued
GO Ms No. 17
dt. 14.05.2002 Andhra Pradesh Meat Development Corporation Limited (APMDC) – Permission to the Collector, Chittoor to resume the Government land in Survey No. 261/1 with an extent of 6.12 acres, Survey No. 262/1 with an extent of 2.42 acres, Survey No. 266/1 with an extent of 13.73 acres for construction of integrated Collector’s Office complex for accommodating the Collector’s Office along with other Government Offices that are functioning in private buildings – Orders – Issued
GO Ms No. 18
dt. 17.05.2002 Andhra Pradesh Textile Development Corporation Limited – Implementation of VRS to the employees of the Corporation – An amount of Rs. 42,14,085/- as an interest bearing loan towards payment of VRS benefits to 13 employees of the Corporation – Amendment orders – Issued
GO Ms No. 19
dt. 04.06.2002 Andhra Pradesh State Agro Industries Development Corporation Limited – Implementation of VRS to Sri. A. Kanakaiah, Engineer APSAIDC Limited – Sanction of an amount of Rs. 4,86,173/- towards payment of VRS – Orders – Issued
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Implementation Secretariat
In order to implement the reform policies and decisions effectively Government considered it necessary to strengthen the existing implementation framework by establishing an Implementation Secretariat in the Department of Public Enterprise which is an autonomous body. The Implementation Secretariat planned and recommended the strategy for the Reform Program to the Cabinet Sub-Committee and implemented these when the strategy was approved.
Reference : GO Ms No. 150, dt. 30-4-1998 on formation of Implementaion Secretariat under the Public Enterprises Department.
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Public Enterprises Department
The Public Enterprises Department was established by the Government of Andhra Pradesh on 19-11-1998 vide Government Order No. 491.
The main features of the Department were as follows:
* The Department consisted of two wings i.e., the Secretariat wing and the Advisory wing both headed by the Principal Secretary to Government.
* The Public Enterprises Department functioned as an independent department like Finance and Law. All Administrative Department take concurrence on all the proposals relating to the Public Enterprises under their jurisdiction from Public Enterprises Department.
* The Public Enterprises Department reviews the functioning of all the Public Sector Enterprises and Cooperative Enterprises periodically in line with the Cabinet Sub Committee / Government’s decisions and suggests measures for improvement and submits reports to Cabinet Sub Committee / Government from time to time.
* The Public Enterprises Department assisted the Cabinet Sub Committee and implements the Cabinet decisions on restructuring of Public Sector Enterprises and Coperative Enterprises under the supervision of Cabinet Sub Committee.
* The Public Enterprises Department is the Administrative Department for all the Public Sector Enterprises and Cooperative Enterprises identified for disinvestment / privatisation / winding up.
* The Public Enterprises Department was the nodal agency with exclusive responsibility for formulation and implemention of PE Reforms.
* The Public Enterprises Department functioned under the control of the Chief Minister.
Benefits
Privatisation is the best way to resuscitate and rebuild weakened State Level Public Enterprises (SLPEs).
Privatisation :
* Stops loss-making SLPEs from adding to government debt;
* Depoliticises SLPEs, remove governmental pressures for over-manning and the sub-optimal use of resources;
* Gives new owners a strong incentive to turn around failing SLPEs into successful businesses;
* Gives new businesses access to investment capital that government cannot provide;
* Raises more money for government through taxing former SLPEs;
* Expands an enterprise and an industry, in the long run creating more jobs and generating wealth for the country.
Public enterprises reform program
The public enterprises reform program was established with the following goals :
- Government to withdraw from sectors operated efficiently by the private sector while retaining its responsibility as a prudent regulator to ensure social equity and fair competition in the new circumstances.
- Rationalize Government’s investments in Public Enterprises and restrict itself to areas in which its intervention is needed.
- Government to be sensitive to hardships caused by privatization and address such issues through a safety net program.
- To ensure that its agencies & Public Sector Undertakings work more efficiently.
Privatisation
Privatisation means transferring the control of an enterprise from the government sector to the private sector. Generally, but not always, this also means transferring ownership of the Public sector enterprise as well as control. It can be accomplished by sale or lease. It can be accomplished by the government selling 100% of an enterprise, or selling 51%, or even by selling a minority stake – so long as the private sector is given full managerial control. Without transferring control to the private sector, the government can rise money by selling a smaller share, but that is not privatisation as such.
Privatisation
About privatization, public enterprises, government, benefits
Public enterprises
Public enterprises, privatisation