�� Turnover of Central Public Sector Enterprises increased from Rs.5,87,000 crore in

2003-04 to Rs.10,81,000 crore in 2007-08 and profits grew from Rs.53,000 crore

to Rs.91,000 crore. While number of loss making enterprises came down from 73

in 2003-04 to 55 in 2007-08, number of profit making enterprises has gone up

from 143 to 158 during the same period..

�� Government approved implementation of Guidelines on Corporate Governance in

Central Public Sector Enterprises (CPSEs) in June, 2007.

�� Corpus of National Investment Fund created out of disinvestment proceeds from

Central PSUs stood at Rs.1,815 crore as on December 31, 2008.

Financial Sector Reforms

�� NPAs of Public Sector Banks declined from 7.8 per cent on March 31, 2004 to 2.3 per cent on March 31, 2008.

�� As a result of initiating process of amalgamation and recapitalization of Regional

Rural Banks (RRBs) with negative net worth, 196 RRBs merged into 85 RRBs. The

Government has contributed Rs.652 crore for capitalization of RRBs upto December

31, 2008.

�� Number of reforms undertaken in the last four years to deepen and widen the

securities markets and strengthen the regulatory mechanisms for these markets.

�� The Companies Bill, 2008, undertaking comprehensive re