PUBLIC SECTOR - Role and Problems| Private v/s Public| Indian Economy|Detailed Explanation| Class-12

EQUIPOISE CLASSES
EQUIPOISE CLASSES
28.6 هزار بار بازدید - 4 سال پیش - A public sector enterprise is
A public sector enterprise is that enterprise which is owned and managed by government

ROLE OF PUBLIC SECTOR-
• Creation of a strong Industrial base
• Development of Infrastructure
• Developement of Backward Areas
• To Mobilise savings and earn foreign exchange
• To prevent concentration of Economic Power
• To promote Equality of Income and Wealth distribution
• To provide Employment
• To promote Import Substitution

PROBLEMS OF PUBLIC SECTOR-
• Unprofitable Pricing
• Overstaffing
• Management Gaps
• Underutilization of capacity
• Inadequate Autonomy
• High losses
• Burden of Sick Units
• Poor Project Planning and Control
• Bureaucratic Delays
• Pessimistic Atmosphere

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4 سال پیش در تاریخ 1399/11/13 منتشر شده است.
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