ROLLING ALONG
Minister for Heavy Industries and Public Enterprises ANANT GEETE, 64 The automobile industry continues to grow. At a time when India’s overall export declined by 9.5 per cent, auto exports increased by 3.5 per cent in the past four years. The industrial s
Special interest The only Shiv Sena leader who wants an alliance with the BJP
Ministerial regret Complete revival of manufacturing still a distant dream
FULFILLED
PROMISE Introduce electric vehicles STATUS Subsidy of Rs 437 crore to 11 cities for launching electric buses, taxis and three-wheelers PROMISE Boost Make in India STATUS Development of indigenous technology for power generation with an investment of Rs 1,500 crore. Nothing noteworthy apart from this
FAILURE
Out of 25 central public sector enterprises (PSEs), 10 are making profit and 15 are in loss. This underlines the dismal performance of the ministry. Its solution for sick public sector companies is their closure, which has come under heavy criticism. Approved closure of eight such companies between September 2016 and March 2017. The ministry even failed to find regular chairmen or MDs for 42 central PSEs till last year PROMISE Make Indian manufacturing as globally competitive as China STATUS Manufacturing still hovers at 17 per cent of India’s GDP, compared to China’s 40 per cent
PROMISE Strengthening Maharatna companies STATUS BHEL alone contributes 85 per cent of total turnover and 55 per cent of the total for PSEs
HITS
n Automotive Mission Plan 2026 aimed at getting auto industries’ share of GDP to 12 per cent in a decade
n Designed and commissioned India’s first
1 MW seasonal tiltable canal top solar PV plant at Bhimavaram, Andhra Pradesh
MISSES
Little done to make Make in India a success