State Public Sector Enterprises (SPSE)

The State Public Sector Enterprises (SPSE), are the companies which are owned by the State Governments. The State Public Sector Enterprises operates in various sectors including roads and transportation, manufacturing, procurement, postal service, hotels and tourism, energy, banking and agriculture etc. These Public Sector Units are making huge losses and they hold vast tracts of land which is lying vacant across the country. These unused parcels of land could be used for many productive purposes such as educational institutions, affordable housing, industrialization, infrastructure projects and health facilities etc.

Maharashtra

The Government of Maharashtra owns various Public-Sector Enterprises such as Maharashtra Tourism Development Corporation (MTDC), Maharashtra State Warehousing Corporation, Maharashtra State Electricity Transmission Company Limited, Maharashtra State Road Development Corporation Limited etc. The total number of Public Sector Units owned by the Government of Maharashtra are accounted to be 83 out of which 61 are functional and 22 are non -functional. There were 22 non-functional PSU with a total investment of Rs 938 crore owned by the government. Some of theses PSU are non-functional from the past 37 years. The public-sector units are holding vast tracts of unused land and other properties such as buildings, hotels, Warehouses etc, which are lying unused across the state.

The Maharashtra State Warehousing Corporation Limited is a state-owned enterprise which was established in the year 1960 under the Agricultural Produce (Development and Warehousing) Corporation Act, 1956 which was replaced by Warehousing Corporation Act 1962. The main function of the corporation is to construct warehouses for the storage of agricultural produce and to operate container freight station for exporters and importers.