Chapter III

FINANCIAL POLICIES

1

Holding of shares in Government Companies in the names of the President of India and the Governor of a State. (D/o Company Affairs No.15/32/65-IGC dated 30th September, 1966)

2

Guarantees by Central Government. (Department of Economic Affairs No. F.18 (1) W&M/69 dated 3rd May, 1969)

3

Issue of Guarantee and Performance Bond. (DPE No. BPE/1(4)/ Adv.(F) /69 dated 30th May, 1970)

4

Guarantees by Central Government. (Department of Economic Affairs No. F.7(6)-PD/70dated 27th June, 1970)

5

Issue of Bank Guarantee in respect of advances paid by the Central Government Departments to the State level enterprises-Clarifications
(DPE No. BPE/19(2)/Adv.(F)/83 dated 2nd July, 1984

6

Banking arrangements of Central Government Public Enterprises.
(DPE O.M. No.DPE/14(19)/ 90-Fin dated 3rd January, 1992

7

Schemes for dividend, bonus shares etc., in respect of PSU shares disinvested in 1991-92 & 1992-93
(DPE O.M. No. DPE/12(4)/91-Fin. dated 25th February, 1994)

8

Renunciation of Right Issues of PSUs.
(DPE O.M. No. DPE/12(19)/93-Fin. dated 15th March, 1994)

9

Investment of surplus funds, procedures of investments, banking transactions, responsibilities of Board of Directors, etc.-Recommendations of the Joint Parliamentary Committee.
(DPE O.M. No.DPE/4/3/92-Fin. dated 27th June, 1994)

10

Guidelines for Investment of Surplus Funds by Public Sector
Enterprises.
(DPE O.M. No.4/6/94-Fin. dated 14th December, 1994)

11

Guidelines on investment of surplus funds by Public Sector Enterprises.
(DPE O.M. No. DPE 4(6)/94-Fin dated 1st November, 1995)

12

Issue of Bonus Shares by Public Sector Undertakings simplifying the Procedures.
(DPE O.M. No. DPE/12(6)/95-Fin. dated 10th November, 1995)

13

Guidelines on investment of surplus funds by PSUs.
(DPE No. DPE/4(6)/94-Fin. dated 11th March, 1996)

14

Investment of Surplus Fund by PSUs.
(DPE O.M. No. 4/6/94-Fin dated 2nd July, 1996)

15

Investment of Surplus Funds by the Public Sector Enterprises.
(DPE O.M. No. 4/6/94-Fin dated 14th February, 1997)

16

Delegation of Powers to Board of Directors of PSEs to incur capital expenditure. (DPE O.M. No. DPE/16/22/90-Fin.G-I dated 6th May, 1997

17

Foreign companies entering into joint ventures in India and operate in India-to obey the law of the land.
(DPE O.M. No. DPE/4(9)/97-Fin. dated 15th July, 1997)

18

Delegation of Powers to Board of Directors of PSEs to incur
capital expenditure.
(DPE O.M. No. DPE/16/22/90-Fin.G-I dated 8th October, 1998)

19

Holding Annual General Meeting and filing Annual Accounts with the Registrar of Companies-strict compliance of provisions of the Companies Act, 1956 regarding.
(DPE O.M. No. 13/9/99-Fin.G-VI dated 21st April, 1999)

20

Follow up action on the Reports of the Comptroller and Auditor General of India (Commercial).
(DPE O.M. No.DPE/4(6)/99-Fin.G-X dated 19th August, 1999)

21

Guidelines for investment of surplus fund by Public Sector Enterprises
(DPE O.M. No.DPE/4(6)/94-Fin.G-XVII dated 25th November, 1999)

22

Merger and Acquisition decisions by the Central PSUs. (DPE O.M. 3(2)/2003-DPE(Fin.)/GL XVI dated 11th February, 2003)

23

Laying of Annual Reports and Audited Accounts of Statutory Corporations and of Government Companies under the Companies Act, 1956, on the Table of the House.
(DPE O.M. No. 3(7)/2002-Fin.-GL-XX dated 28th August, 2003)

24

Statements made by Officials of certain PSUs.
(DPE O.M. No.DPE/6(6)/2003-Fin. dated 26th September, 2003)

25

Empowerment of Central Public Sector Enterprises (CPSEs)—enhancement of delegated powers of other profit making PSEs. (DPE O.M. No. 18(24)/2003-GM- GL.66 dated, 5th August, 2005)

26

Guidelines on investment of surplus funds by Central Public Sector Enterprises (CPSEs) (DPE O.M. No. DPE/4(6)/1994-Fin. dated 29th September, 2005)

27.

Updated position regarding title deeds or encumbrances of land buildings owned by Central Public Sector Enterprises (CPSEs). (OM No. DPE/3(3)/2006-Fin. Dated 30th June 2006)

28

Investment of surplus funds by Central Public Sector Enterprises (CPSEs). (DPE OM No. DPE/11/47/2006-Fin dated 31st August, 2007)

29

Investment of surplus funds by Central Public Sector Enterprises (CPSEs). (DPE OM No. DPE/11(47)/2006-Fin dated 4th  December, 2007)

30

Categorization of Industrial Development Bank of India Ltd. (IDBI) (DPE OM. No. DPE/13(7)/2008-Fin. Dated 13th February, 2008)

31

Investment of Surplus Funds of Central Public Sector Enterprises (CPSEs).(DPE OM . No. DPE/11(47)/2006-Fin Dated: 11th April, 2008)

32

Investment of surplus funds by CPSEs. (DPE OM No. DPE/11/47/2006-Fin dated 15th April, 2008)

33

Investment of Surplus Funds of Central Public Sector Enterprises (CPSEs). (DPE OM No. DPE/11(47)/2006-Fin dated   14th August, 2008)

34

 Prompt Payment of Bills of MSMEs.( No. DPE/13(24)/08-Fin. Dated 11th December, 2008)

35

Placing of surplus fund under the control of Ministries/Departments/other agencies/entities etc. in Public Sector Banks (PSBs) to the extent of 60% or more and prohibition on inviting competitive bids for bulk deposits.(DPE OM No. DPE/18(1)/08-Fin. Dated 15th December, 2008)

36

Investment of surplus fund by Central Public Sector Enterprises (CPSEs) in mutual funds (MFs). (DPE OM No. DPE/11(15)/08-Fin. Dated 12th January, 2009)

37

Investment of Surplus Funds of Central Public Sector Enterprises (CPSEs). (DPE No. DPE/18(1)/08-Fin. Dated 24th Feb 2009)

38

Expenditure Management – Economy measures and Rationalization of Expenditure in Central Public Sector Enterprises (CPSEs)(DPE OM No. DPE/3(4)/2008-Fin. Dated 8th October, 2009)

39

Expenditure Management – Economy measures and Rationalization of Expenditure.(DPE OM No. DPE/3(4)/2008-Fin. Dated 26th March, 2010)

40

Implementation of Policies and Guidelines issued by Department of Public Enterprises. (DPE OM No. DPE/14(38)/10-Fin. Dated 29th July, 2010)

41

Expenditure Management – Economy measures and Rationalization of Expenditure(DPE OM No. 3(4)/2008-Fin dated 26th August, 2010)

42

Issue of deletion of turnaround Central Public Sector Enterprises(CPSEs) from the list of sick CPSEs (of BRPSE).(DPE OM No./13(15)/10-Fin)

43

Implementation of Policies and Guidelines issued by Department of Public Enterprises.(DPE OM No. DPE/14/(38)/10-Fin. Dated 28th June, 2011)

44

Expenditure Management – Economy measures and Rationalization of Expenditure in CPSEs.(DPE OM No. DPE/3(4)/2008-Fin. Dated 12th August, 2011)

45

Procedure for reference of proposals of Central Public Sector Enterprises (CPSEs) to Board for Reconstruction of Public Sector Enterprises(BRPSE) and seeking approval of Cabinet/CCEA on recommendations of BRPSE – regarding.(DPE OM No. DPE/1(122)/2010-Fin.dated 30th September, 2011)

46

Issue of Bonus shares by Public Sector Undertaking simplifying the Procedures