Compliance Performance
Andhra Pradesh

Report No 6 of 2016 - PSUs of Andhra Pradesh

Date on which Report Tabled:
Fri 31 Mar, 2017
Date of sending the report to Government
Government Type
State
Sector Finance,Power & Energy

Overview

As on 31 March 2016, there were 79 PSUs, falling under audit purview. Out of these, 52 Working PSUs pertain exclusively to Andhra Pradesh (15 of previous year; 9 newly incorporated and 28 formed due to bifurcation of the State), 5 PSUs are under demerger and remaining 22 are Non-working PSUs (yet to be bifurcated). As on 31 March 2016, the investment (capital & long term loans) in 79 PSUs was ` 42,123.11 crore.

During 2015-16, total outgo from the budget of the State of Andhra Pradesh was ` 7,290.67 crore for working PSUs exclusive to Andhra Pradesh and those formed due to bifurcation of the State and Rs 3.93 crore for five PSUs under demerger.

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