Growth of Public Sector in India, Problems and Possible Solutions

Growth of exoteric celestial sphere, problems and possible solutions for a better developing of Tomorrow MR Prashant Sharma ( Assistant professor Dewan work of worry studies, Meerut) Dr Gaurav Kaushik ( HOD Dewan institute of management studies, Meerut) Abstract Soon after the independence of our rural our late select minister Pandit Jawaher Lal Nehru adopted the socialistic sit of development of our economy, as it was to a greater extent base on equality and justice to all. In this drive the governing owned enterprises were established in self-coloured of the estate to stronghold up our industrialization. The industrial policy gag law of 1956 sketched the enjoyment of central public sector enterprises where most of the important industries were the office of public sector. They buck up our economic carry on but certain problems with such enterprises emerged such as look across of proper policies, motivation, direc tion, overstaffing, inferior quality goods and services, not having adequate research and development etc. Due to the problems government took the step of disinvestment and a lot of disinvestment has been done by our government. In some cases to tag on funds and in some cases to get rid of the inefficacious management.

After the liberalization of our economy the cloistered sector has to a fault been given the due importance along with public sector, much and more industries are now open for nonpublic sector but yet the public sector has pacify prodigious role to play in coming years, unneurotic with private sector it can take the development of our country to red-hot hei ghts. In the sit paper it is our effort to ! institute show up the dynamic role of public sector in present scenario how it can overcome its problems to help India to impart towards a more balanced development. Introduction-- An Overview of Indian reality sphere of influence Central and state Public Sector Undertakings (PSUs) play a prominent role in Indias industrialization and...If you fate to get a mount essay, order it on our website: OrderEssay.net

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