Economics Sanjeev Verma 5p3457

(For limited circulation only)

INDIAN ECONOMY

SELECT SLIDES OF CLASSES 3 & 4 ECO (SV) – PART II (12 slides)

(Slides to be read along with class notes) Clarifications be sent to [email protected]

Aging global population… but for India Favorable demographic dividends of India 300 million youth (18-29 yrs~ 10% of popn)

Inverted Age Profile (age 65 yrs and above) In

Alternatives for disinvestment Selling residual shares in privatized PSUs (BALCO 49% and HZL 29%) Liquidation of SUUTI (Axis Bank 21%, ITC 12%, L&T 8%) Higher dividend pay out by PSU ( Coal India 290%) Buy Back of Shares Cross Equity holding (ONGC/OIL to buy 10% shares in IOC) IPO/FPO/OFS/QIB in profitable PSUs

Maharatna PSUs (7) up to Mar 13 PSUs with average “Sales” of Rs 25,000 crore, “Net worth” Rs 15,000 crore, “Profits” of Rs 5,000 crore in the last 3 years. (Freedom to take investment decisions up to Rs 5,000 crore) Oil & Natural Gas Commission ltd (ONGC) Indian Oil Corporation Ltd (IOC) National Thermal Power Corporation Ltd (NTPC) Coal India Ltd (CIL) Steel Authority of India Ltd (SAIL) Bharat Heavy Electricals Ltd (BHEL) Gas Authority of India Ltd (GAIL)

13

PROFITABLE PSUs

LOSS MAKING PSUs

ONGC

oBSNL

NTPC

oAIR INDIA oMTNL

CIL NMDC

oHINDUSTAN CABLES

BHEL

oHINDUSTAN PHOTO FILMS

IOC

oFCI