Shimla, Feb 17 (PTI) Cumulative losses of public sector enterprises in Himachal Pradesh stood at Rs 5,143.46 crore as on March 31, 2023 and 14 out of 23 such units were in the red, according to a state government report.

The report on public sector units was tabled in the state assembly on Saturday during the presentation of the annual budget for the next financial year.

Also Read | ISRO Announces Young Scientist Programme 2024 for School Students at jigyasa.iirs.gov.in/registration; Know How to Apply.

Himachal Road Transport Corporation topped the list with a loss of Rs 1,966.13 crore, followed by Himachal Pradesh State Electricity Board which lost Rs 1,823.97 crore. While HP Power Corporation registered a loss of Rs 6,89.24 crore, HP Power Transmission Corporation lost Rs 372.59 crore.

Loss of HP Himachal Financial Corporation stood at Rs 184.83 crore, HP Tourism Development Corporation recorded a loss of Rs 12,663 crore, State Forest Corporation Rs 98.21 crore and Himachal Horticulture Produce Marketing and Processing Corporation (HPMC) Rs 91.20 crore.

Also Read | AP TET 2024 Exam: Registration for Teacher Eligibility Test Examination Ends on February 18, Apply Online at aptet.apcfss.in.

On the other hand, Himachal Pradesh Industrial Development Corporation was among the top profit making public sector enterprise with a profit of Rs 108.44 crore, followed by Ex-Servicemen Corporation which earned Rs 82.78 crore profit and General Industries Corporation Rs 44.37 crore.

Besides, Civil Supplies Corporation recorded a profit of Rs 28.57 crore , State Electronics Development Corporation at Rs 18.94 crore and HP State Cooperative Milk Federation at Rs 17.09 crore.

In 2021-22, the number of loss-making companies, including state boards and corporations, was 13 and total losses were Rs 4,889 crore.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)