Private, Public and Global Enterprises

Answer

The oldest and most traditional form of organizing public enterprises. These are established as departments of the ministry and are considered part of the ministry itself. They have no separate legal …

Answer

1. Funding comes directly from Government Treasury through annual budget appropriation 2. Employees are government servants with same conditions as other government employees 3. Subject to direct cont…

Answer

A public enterprise brought into existence by a Special Act of Parliament. It is a corporate body with defined powers and functions, financially independent with control over a specified area or comme…

Answer

A company in which not less than 51% of the paid-up capital is held by the Central Government, or by any State Government, or partly by Central and partly by State governments. It includes subsidiarie…

Answer

Departmental Undertakings: Least autonomous, direct government control Statutory Corporations: High autonomy, independent functioning within Act provisions Government Companies: Moderate autonomy, fol…

Answer

1. Development of infrastructure (transport, communication, power) 2. Regional balance and development of backward areas 3. Achieving economies of scale in large industries 4. Checking concentration o…

Answer

Four major reforms: 1. Restructure and revive viable PSUs 2. Close down non-viable PSUs 3. Reduce government equity in non-strategic PSUs to 26% or lower 4. Fully protect workers' interests Also reduc…

Answer

The sale of equity shares of public sector enterprises to private sector and public. Objectives include: raising resources, encouraging public participation in ownership, improving managerial performa…