Haryana Finance Minister, Capt Abhimanyu on Saturday said that the functioning of Public Sector Undertakings (PSUs) in the State has improved during the regime of the present State Government and those PSUs which were in the red during the regimes of the previous Governments are now emerging as profit-makers.
Addressing a Press conference, Capt Abhimanyu said that the people of the State had invested in these PSUs, therefore the present Government had taken up the challenge of making them profitable.
He said that during the regime of the present State Government, VITA, which was earlier in the red, had now emerged as a profit-maker. Similarly, the recovery of sugar by cooperative sugar mills has improved. The Haryana State Co-operative Apex Bank (HARCO) is also in profit and functioning of cooperative banks has been improved, he added.
The Minister said that the working of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) was being improved. He said that while frauds were committed in allotment of plots during the regime of the previous Government, the present State Government had implemented the system of e-Auction for allotment of plots in Haryana Urban Development Authority (HUDA) and HSIIDC right in the beginning. Under this, allotment of plots is carried out at officer-level. He said that several steps were being taken to reduce the debt burden on HSIIDC.
Replying to a question, he said that the Government had given `1,067 crore as compensation to farmers in Rabi season.