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Author: Govind Bhattacharjee Publisher: Sage Publications Pvt. Limited ISBN: 9789353883720 Category : Languages : en Pages :
Book Description
This is the the first comprehensive and authoritative work covering the entire public sector in India, including public sector enterprises such as banks, insurance companies, railways and so on.
Author: Govind Bhattacharjee Publisher: Sage Publications Pvt. Limited ISBN: 9789353883720 Category : Languages : en Pages :
Book Description
This is the the first comprehensive and authoritative work covering the entire public sector in India, including public sector enterprises such as banks, insurance companies, railways and so on.
Author: P.K. Jain Publisher: Springer ISBN: 8132217624 Category : Law Languages : en Pages : 403
Book Description
The book examines the various aspects of non-financial central public sector enterprises (PSEs) in India, for a period from 1986-87 to 2010-11. The analysis is based on all the key financial ratios; namely, profitability, efficiency, liquidity, leverage and productivity. Liberalization and globalization have caused competition in India and have lowered the profit margins. At the same time, Indian government has reduced subsidies and budgetary support for PSEs to curtail their own fiscal deficit. Strategic and economic reforms were also introduced in PSEs to make their operations commercially profitable so that they are not dependent on the government to meet their financial requirements on the one hand, and have their own earnings to finance their expansion/modernization requirements as well as their social obligations, on the other. To what extent, the PSEs have succeeded in this objective constitutes one major aspect of the present research work. The other equally important aspect examined is financial performance of the PSEs which have opted for disinvestment and have signed memorandum of understanding (MoU)/ self obligations. The Indian Government has desired the central PSEs to be profitable in their operations in post-liberation era of 1990s. For this purpose, two major instruments, namely, disinvestment and MoUs, were introduced. This book examines, in detail, financial performance of PSEs which had opted for disinvestment and have signed MoU. Based on analysis/ findings and literature on the subject, the book contains some concrete suggestions that would prove extremely helpful to Indian Government to further improve their financial performance.
Author: Kamesh Kumar Publisher: Northern Book Centre ISBN: 9788172110574 Category : Government business enterprises Languages : en Pages : 244
Book Description
The history of public enterprises is not new. They have been assigned the role of harbinger of socialism in India in accordance with the Industrial Policy Resolution of 1956. They are treated as the catalysts of economic development and social upliftment of the people. For pretty a long time, public enterprises have been in dock and dottage on the ground that they have not been able to deliver goods as per our expectations. With a huge amount of investment in the central sector and the states' sector taken together, these enterprises have failed to generate a dependable surplus. Public sector is an amalgam of Central and State enterprises. In this book we have established that the state's enterprises' commitments are no less than central enterprises to fulfil the objectives and expectations with which, they were allotted the commanding height in our economy. A macro-level study of all types of State-level public undertakings has been done to judge the efficiency and effectiveness of these enterprises. This book is unique in the sense that it covers the syllabus of M.A., B.A. (Hons.) and B.A. (Pass) courses of all the universities of Bihar and special paper as `Public Enterprises' in other universities of India. In view of its multi-dimensional approach, the book would be of immense importance to general readers, students, academicians and researchers. Review ``The book deals with the economics of public enterprises with special reference to Bihar. The book is of special importance, particularly in the present context of redefining the role of public sector''. I Satya Sundaram, Southern Economist
Author: John Heath Publisher: Routledge ISBN: 1134949588 Category : Business & Economics Languages : en Pages : 285
Book Description
In many parts of the world public enterprise is in crisis. Privatisation programmes are being widely touted as the solution to many of the problems of inefficiency and slow rates of growth associated with public enterprise. This book discusses the underlying causes of those problems, and critically examines some of the solutions that have been adopted. Its geographical coverage is wide and it cuts across the political spectrum. The experiences of countries in four continents are analysed in an attempt to shed light on current dilemmas. Recurrent patterns are found; problems are frequently seen to be political as much as economic, and bureaucracy and administrative confusion is often found to be at the heart of poor financial performance.Yet since political aims, economic environment, and administrative and managerial capabilities vary so widely, universal solutions remain more difficult to define than universal problems.
Author: V. V. Ramanadham Publisher: Routledge ISBN: 0429576021 Category : Business & Economics Languages : en Pages : 456
Book Description
Public enterprises have played a central part in the development of all mixed economies in the post-war period, but they are now in a crisis phase. Privatisation has pushed back the level of public enterprise almost throughout the world. Where public enterprises remain, they are being brought under significant reforms. Originally published in 1991, this book presents a comprehensive critique of public enterprise, analysing why its performance has fallen far short of expectations. Part one is concerned with the establishment of public enterprises: the case for them, the circumstances in which they emerged, the extra enterprise objectives attached to them, and the decisions on their investment feasibility and capital structure. Part two looks at the working of public enterprises: the state of their financial performance, the peculiarities of pricing, the determination of targets which they should meet, the continuous monitoring and evaluation of their operations. Macro concerns are the focus of Part three. Among the issues addressed are the level of indirect taxation and subsidisation implicit in the pricing structures of public enterprises, the links between public enterprise and the public exchequer and the implications of their operations for distributional equity. In Part four the extent to which privatisation can solve the problems of public enterprise is discussed. The book ends with some broad conclusions on the future of public enterprise. Throughout, the approach is analytical, but the arguments are supported by extensive examples from both developed and developing economies.
Author: V. V. Ramanadham Publisher: Routledge ISBN: 0429582765 Category : Business & Economics Languages : en Pages : 183
Book Description
How amenable is public enterprise to the implementation of national distributional policies? This is the question explored here by Professor Ramanadham. Originally published in 1988, he examines the various channels through which distributional effects take place through their operations, and draws attention to the implicit conflicts of interest among consumers, workers, and tax payers. He focuses on the problems associated with the use of public enterprises as instruments of distributional goals and examines the question of whether direct budgetary measures on the part of government would be preferable. There are detailed analyses of the distributional implications of wage incomes, prices, and surpluses in the public enterprise sector. Finally, the author comments from the distributional angle on the results of privatization. Here is a detailed study of the way in which public enterprise may be employed as an instrument of redistribution of income and wealth, also of the extent to which this is feasible.
Author: Joseph Prokopenko Publisher: International Labour Organization ISBN: 9789221072867 Category : Business enterprises Languages : en Pages : 218
Book Description
This book presents a number of cases - both in centrally planned and market economy systems - where the culture and practice of entrepreneurship were successfully introduced into the structure and activities of public enterprises. The book shows how sponsorship can help promote both public and private economic initiaitives by either turning the public enterprise into an entrepreneurial and intrapreneurial organization, or by helping small private business in the start-up stage.
Author: Govind Bhattacharjee
Author: Govind Bhattacharjee
Author: P.K. Jain
Author: B. Rajaiah
Author: Kamesh Kumar
Author: John Heath
Author: G. Ram Reddy
Author: R. K. Mishra
Author: V. V. Ramanadham
Author: V. V. Ramanadham
Author: Joseph Prokopenko