Page 120 - economic review

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Industry and Labour Table :3.1 ( ` Lakh )
Plan Outlay and Expenditure

Sl. Annual Plan Annual Plan Annual Plan
No. Sector 2012-13 2013-14 2014-15 Out-

lay

1 Village & Small Outlay Expdr. Outlay Expdr

Enterprises

i Small-scale Industries 5505.00 4655.00 5755.00 4188.77 7796.00

ii Commerce 75.00 75.00 90.00 90.00 200.00

iii Handicrafts 300.00 298.25 431.00 386.00 521.00

iv Handloom & Power 6832.00 5645.19 7676.00 6989.59 6714.50
loom

v Coir Industry 10070.00 9838.62 11137.00 6584.53 11693.90

vi Khadi & Village Indus- 1210.00 411.00 1331.00 1294.10 1397.60
tries

vii Cashew Industry 6500.00 6111.00 7150.00 7150.00 5450.00

Subtotal – VSE 30492.00 27034.06 33570.00 26662.99 33773.00

2 Other Industries 24067.00 23606.00 23934.00 18384.00 30084.00

3 Minerals 211.00 187.16 432.00 166.51 83.00

Total : Industry & Minerals 54770.00 50827.22 57936.00 45213.50 63940.00

Source: Finance Department, Govt. of Kerala

3.11 There was an increase of 5.8% in outlay provided for Industry and Minerals during 2013-14 over
the previous year and 78% expended during 2013-14. The total outlay during 2014-15 is ` 639.40

crore which is 10.4% higher than the outlay in 2013-14.

Section 2
Public Sector Undertakings

3.12 Public Sector Enterprises, both at the Central level and at the State level have played a very
important role in the industrialisation and the overall development of the country. At the national level,
based on the recommendations of Board for Reconstruction of Public Sector Enterprises, government
has approved revival of 7 Central Public Sector Enterprises (CPSEs) through disinvestment/joint
venture. The Department of Disinvestment is presently engaged in disinvestment of one loss making
CPSE viz., Tyre Corporation of India Ltd. The salient features of disinvestment policy are:

i. citizens have every right to own part of the shares of Public Sector Undertakings
ii. Public Sector Undertakings are the wealth of the Nation and this wealth should rest in the hands

of the people.
iii) While pursuing disinvestment, Government has to retain majority shareholding, ie, at least

51% and management control of the Public Sector Undertakings.

3.13 State Public Sector Enterprises are one of the largest employers in the organised sector in
the state. There are 44 PSUs under the Industries Department, of which 37 are in the manufacturing
sector and 7 in the non-manufacturing/service sector. Sector wise number of PSUs is shown in
Fig. 3.2.

Kerala State Planning Board