Download or read book Public Sector Enterprises in India written by P.K. Jain and published by Springer. This book was released on 2014-06-05 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Disinvestment of Central Public Sector Enterprises written by Venkatayogi Gangadhar and published by . This book was released on 2007 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Indian context.
Download or read book Restructuring Public Enterprises in India written by R. K. Mishra and published by Mittal Publications. This book was released on 2002 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of Disinvestment of Central Public Sector Enterprises in India 1991 2016 written by Bhawna Kakkar and published by . This book was released on 2018 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study deals with the evolution of the disinvestment policy with respect to the Central Public Sector Enterprises (CPSEs) since 1991 and examines two issues specifically - development of legal perspective on disinvestment through important cases and valuation methods of shares/assets adopted in the Strategic Sales of CPSEs.The study outlines the evolution of disinvestment policy, the institutional structure, the role of different bodies/agencies in disinvestment process and the key Supreme Court decisions related to disinvestment. Following broad areas are covered in the study:• Disinvestment Procedures; the methods adopted for disinvestment with a particular focus on the decision making process in case of Strategic Sale of a Company and Public Offerings.• Valuation Methods; a brief account of the methods used for carrying out the valuation of a company along with some findings/comments on the same.• Legal Issues; the stand taken by the Supreme Court in dealing with matters related to Disinvestment of CPSEs.• National Investment Fund; creation of a Disinvestment Proceeds Fund keeping in line with the objectives of the Disinvestment Policy.The study mentions the useful experiences gained in the course of evolution of the policy. It also attempts to relate the recommendations made by different researchers and Comptroller and Auditor General of India (CAG) on the issue of valuation to the process of disinvestment and makes concluding observations.
Download or read book Disinvestment of Public Sector Enterprises in India written by Vibha Mathur and published by . This book was released on 2004 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: On historical background of development of public sector and its disinvestment in post 1980; a study.
Download or read book Disinvestment of Public Sector Enterprises in India written by Bhuri Singh Yadav and published by . This book was released on 2006-01-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Disinvestment and Privatization of Public Sector Enterprises Pses in India written by MADHUSUDANA H. S. and published by . This book was released on 2022-04-11 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the philosophy and evolution of PSEs in the early years of post-Independent India. It records the causes of disillusionment with public sector and the consequent reversal of government policy, beginning 1991. Disinvestment and privatization policy of the present government is also set forth. Policy of the present government regarding public sector was well articulated by Finance Minister Nirmala Sitharaman in her Budget Speech to the Parliament on February 1, 2021. It has the following objectives: (a) minimizing presence of Central Public Sector Enterprises (CPSEs) including financial institutions and creating new investment space for private sector, (b) post-disinvestment, economic growth of CPSEs/financial institutions will be through infusion of private capital, technology, and best management practices, to contribute to economic growth and new jobs, and (c) disinvestment proceeds to be used to finance various social sector and developmental programmes of the government.
Download or read book Disinvestment Of Public Sector Enterprises written by B S Yadav and published by . This book was released on with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance in Public Sector Enterprises written by S. M. Dewan and published by Pearson Education India. This book was released on 2006 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to understand issues of corporate governance in the case of the public sector units in India.
Download or read book Disinvestment in India written by Sudhir Naib and published by SAGE Publications India. This book was released on 2004-03-20 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: In India the path chosen to reform the public sector has been to first deregulate and liberalise the economy and then to privatise public sector enterprises. Debates have raged on since then on: whether reform of state-owned enterprises is necessary; the choice of strategy and method; and the social and economic consequences of such policies. Sudhir Naib has incisively analysed, from a theoretically informed perspective, crucial aspects of this topical issue. Among the important aspects he discusses are:/-//-/- whether the failure of Indian public enterprises has been exaggerated./-/- can public enterprises be reformed from within or are they intrinsically inefficient?/-/- is a change in ownership the only solution? /-/- impact of ownership and competition on the efficiency of Indian enterprises. /-/- methods of privatisation and the experience of other countries. /-/- impact of divestiture on performance of disinvested enterprises. /-//-/Dr Naib provides a firm-level analysis through case studies of seven partly disinvested enterprises (SAIL, BHEL, IOC, ITI, BEL, BEML, NFL). Impact of post-reform policies on enterprises is analysed in terms of changes in market share, cost structure, profitability and work culture. The strategic response of these enterprises is examined in terms of cost reduction measures, change in product portfolio, restructuring, innovation and institutional arrangement for diagnosing environmental changes.
Download or read book Public Enterprise Management and Privatisation written by Laxmi Narain and published by S. Chand Publishing. This book was released on 2005 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of public enterprise (PE) executives have long felt the need for a book which would provide necessary information and analysis of various dimensions of PE management and privatisation. The book provides at one place, a precise and authoritative account of the concept, policy, and analysis of major issues confronting PEs. Public ownership per se does not make PE performance sub-optimal. The operation of the Government system, of which PE is a sub-system, has not been conducive to performance. During the last six decades, inadequate political will and vested interests have come in the way of freeing PEs from excessive and throttling controls, and demoralising accountability. Not letting the managers manage with the freedom required in the liberalised and globalised set-up is the problem. The multifarious and complex managerial problems of PEs, which get compounded by faltering moves towards privatisation, cannot be wished away. These have been considered in the book at some length. The book, first published in 1980, continues to be a standard work on the subject. This latest edition has been revised by Dr. R.K.Mishra, Director, Institute of Public Enterprise,Hyderabad.
Download or read book Reforming Public Enterprises written by R. K. Mishra and published by Gyan Publishing House. This book was released on 2008 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public enterprises reforms occupy the central place in the schemes of economic reforms in India. In many developing countries opting for economic reforms, public enterprise reforms have come at the beginning of the cycle of economic reforms. In India, it has not happened so and the results are there for us to see. The present book makes an attempt to present a case for reforming public enterprises in India and also the agenda for action for this purposes. It outlines the challenges ahead for public enterprises and the need for reforms viewed from the global perspective. It outlines the performance of the public enterprises and the areas requiring the attention of the reformers. It presents the case of a state in which reforms have to be carried out and the context for such reforms. It identifies regulations as one of the key component of the reforms. The book also elucidates the reform experience of some of the states. It presents a balanced view of the theory and practice of public enterprise management in the reform context. It incorporates case studies of nine public enterprises to demonstrate the need and effect of economic reforms.
Download or read book Disinvestment Programme In India written by Sanjay Tiwari and published by Sarup & Sons. This book was released on 2006 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the National Seminar on Disinvestment Programme in India, held at Jabalpur during 21-22 January 2005.
Download or read book Public Sector Enterprises in India written by Govind Bhattacharjee and published by Sage Publications Pvt. Limited. This book was released on 2020-08-14 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Privatisation in India written by T.T. Ram Mohan and published by Routledge. This book was released on 2013-01-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. One assumption underlying this programme is the dogma that public sector enterprises are doomed to inefficiency, and that competitive market forces can be relied on to make firms more efficient once they are privatised. But is this really true? Combining rigorous data analysis with case studies to provide a balanced evaluation of the process of deregulation and privatisation within the overall context of economic reforms, the author demonstrates, remarkably, that, contrary to the prevailing view, private sector firms do not outperform public sector firms across all sectors. He also shows that revenue-raising considerations have weighed more heavily with the government than efficiency objectives. Overall, this study of the reform process in India, with its unique longstanding mix of private and public sectors, will be of great interest to all those studying reform and transition worldwide.
Download or read book Public Sector Enterprises in India written by Govind Bhattacharjee and published by . This book was released on 2020 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Sector Enterprises in Indiais a comprehensive and authoritative work covering the entire public sector in India, including the financial sector public enterprises such as banks and insurance companies. The book begins with the philosophy behind the public sector and traces its evolution in India and its subsequent privatisation and disinvestment after the economic liberalisation of 1991. Based on the most up-to-date data and the latest developments, it examines the plight and options of a public sector paralysed by excessive government interference and now trapped hopelessly between the State and the market. Drawing widely upon global experiences, the book argues that disinvestment and privatisation need not be the only answer to reform the public sector companies. They can be rejuvenated and transformed into global champions if freed from the stifling controls by an unimaginative government machinery, by depoliticisation and separation of the government's roles as a majority stakeholder, policy-maker and regulatorand by changing their holding structure.
Download or read book Wither Public Enterprises written by and published by . This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collection of papers presented at the Convention of the Public Sector Workers in Delhi on August 11-12, 1998.
