The investment in public sector enterprises has grown from Rs. 99,329 crores in 244 enterprises as on 31.3.90 to Rs. 2,52,554 crores in 240 enterprises as on 31.3.2000. After the implementation of New Economic Policy in 1991, the thrust on privatisation, globalisation and liberalisation has built a newer economic fabric. Commercial viability efficiency, reasonable return on investment, exit policy, disinvestment, MOU etc. have become strategic areas for public sector administrators. Global competitive environment at the dawn of the new millennium has made the issue of administration of public enterprise more complex. This has promoted us to revise the whole script.
This edition has the following special features:
– New case studies are added.
– Latest facts and figures are incorporated.
– 11 new appendices are appended in the end.
– The chapters on disinvestment, privatisation, administrative and coordinating agencies, major public enterprises in India are totally rewritten.
– Old and obsolete material is deleted.
– Every chapter is revised and updated.
We would welcome the valuable suggestions from our esteemed readers for improving the quality of the book.
Contents :
PART I : RATIONAL AND GROWTH
1. Introduction
2. Rationale and Objectives of Public Enterprises
3. Public Enterprises in Different Countries
4. Public Sector in India Economy
5. Profile of Public Enterprises in India
PART II : ORGANISATION AND MANAGEMENT
1. Forms of Organisation
2. Governing Boards
3. Delegation of Authority and Decentralisation
4. Financial Management
5. Materials and Inventory Management
6. Personnel Management
PART III : LEADING ISSUS
1. Efficiency in Public Enterprises
2. Pricing Policy and Practices
3. Research and Development Activities
4. Consumers Interest
5. Industrial Relations
6. Worker`s Participation in Management (WPM)
PART IV : ACCOUNTABILITY AND CONTROL
1. Autonomy and Accountability of Public Enterprises
2. Aspects of Control over Public Enterprises
3. Ministerial Control
4. Parliamentary Control
5. Audit Control
PART V : EMERGING DIMENSIONS
1. Memorandum of Understanding
2. Privatisation of Public Enterprises
3. Disinvestment of PE Shares
4. Sickness and Turnaround Strategy for PEs
5. Golden Handshake and Exit Policy in PEs
PART VI : MISCELLANEOUS ISSUES
1. Managerial Problems of Public Enterprises in India
2. Administrative and Co-ordinating Agencies
3. Major Public Enterprises in India
Appendices (I − XXX)