Public Sector Enterprises in India
Public Sector Enterprises in India

Author: P.K. Jain

Publisher: Springer

Published: 2014-06-05

Total Pages: 403

ISBN-13: 8132217624

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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. ​

Public Sector Enterprises in India
Public Sector Enterprises in India

Author: Govind Bhattacharjee

Publisher: Sage Publications Pvt. Limited

Published: 2020-08-14

Total Pages:

ISBN-13: 9789353883720

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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.

Public Sector Reform and Performance Management in Developed Economies
Public Sector Reform and Performance Management in Developed Economies

Author: Zahirul Hoque

Publisher: Routledge

Published: 2021

Total Pages: 396

ISBN-13: 9781003004080

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"Over the past two decades, there has been a shift of paradigm in public administration and public sector accounting around the world with the increasing emphasis on outcomes as opposed to inputs and outputs focus. Understanding of how government departments and agencies develop and implement outcomes-based approaches to their services and programs to strengthen public accountability, financial scrutiny and good governance worldwide is limited. Covering a selection of international practices on outcomes-based approaches to government departments, agencies and public higher educational institutions in developed economies, this comprehensive compilation provides an essential reading in the public sector accounting, accountability and performance management field. The contributions are grouped into three jurisdictions: Australasia, UK and Europe, and North America. It incorporates outcomes-based practices in public services from advanced economies and will be of significant interest to global public sector regulators, consultants, researchers, and academic communities as well as academic researchers in public administration and development studies fields. The insights offered by a country-specific practice will also be useful to governments in other countries implementing similar systems and practices and facing similar socio-political environments. This book will also help to gain an understanding of the issues of government accountability from a management point of view as well as from a socio-political point of view"--

Public Enterprise at the Crossroads
Public Enterprise at the Crossroads

Author: John Heath

Publisher: Routledge

Published: 2013-01-11

Total Pages: 285

ISBN-13: 1134949588

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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.

Performance Management in the Public Sector
Performance Management in the Public Sector

Author: Wouter Van Dooren

Publisher: Routledge

Published: 2010-06-10

Total Pages: 317

ISBN-13: 1134197012

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Tackling the key topics of reform and modernization, this important new book systematically examines performance in public management systems. The authors present this seminal subject in an informative and accessible manner, tackling some of the most important themes. Performance Management in the Public Sector takes as its point of departure a broad definition of performance to redefine major and basic mechanisms in public administration, both theoretically and in practice. The book: situates performance in some of the current public management debates; discusses the many definitions of ‘performance’ and how it has become one of the contested agendas of public management; examines measurement, incorporation and use of performance information; and explores the challenges and future directions of performance management. A must-read for any student or practitioner of public management, this core text will prove invaluable to anyone wanting to improve their understanding of performance management in the public sector.

State Level Public Enterprises in India
State Level Public Enterprises in India

Author: R. K. Mishra

Publisher:

Published: 2014

Total Pages: 0

ISBN-13: 9789332701564

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The state-level public enterprises (SLPEs) were set up specifically to fill the gaps in the social and economic development, especially industrial growth, employment creation, health, education, and provision of amenities. Services like electricity, medical care, transportation, irrigation, tourism, warehousing, and water facilities reached people in far-off places due to the setting up of the SLPEs. Over the years, the central enterprises have been the subject of study and discussion; however, the SLPEs have remained unexplored. This volume analyzes the various facets of functioning of the SLPEs in India. Based on primary as well as secondary data sources, it covers both the macro view and the state-wise scenario. The book highlights the gap between expectations and achievements. It suggests that to develop a greater understanding of the potential, problems, and prospects of the SLPEs, more information should be generated, and focused research needs to be undertaken.

India
India

Author: Vijay Joshi

Publisher: World Bank Publications

Published: 1994-01-01

Total Pages: 420

ISBN-13: 9780821326527

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Presents a history of India's macroeconomy and recent developments in its political economy. Valuable lessons from India's stabilization policies explain how structural adjustment can also benefit long-term growth in the subcontinent. This analysis looks at various government policies that have influenced imports and exports, national investment and savings, gross national and domestic product, and the balance of payments. It specifically examines the degree to which stabilization has reformed agriculture and industry and has improved the relationship between the public and private sectors. A brief introduction to the Indian economy is given, and India's basic economic controls are reviewed. These include the government's national budget and its regulation of prices, production, investment, interest rates, and credit allocation. Also discussed are recent trends in investment and public spending.

State Public Enterprise and Economic Development
State Public Enterprise and Economic Development

Author: Kamesh Kumar

Publisher: Northern Book Centre

Published: 1994

Total Pages: 244

ISBN-13: 9788172110574

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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

Performance Evaluation for Public Enterprises
Performance Evaluation for Public Enterprises

Author: Leroy P. Jones

Publisher: World Bank Publications

Published: 1991

Total Pages: 54

ISBN-13:

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Performance evaluation is not a simple task in private enterprises and it is all the more complicated in public enterprises. This paper emphasizes three main points: (a) a public enterprise must be evaluated; (b) a public enterprise must not be evaluated like a private enterprise; and (c) a public enterprise should be evaluated by starting with private profit and making a series of adjustments to make it fair to the nation and to managers. This paper suggests introducing a signaling system which consists of three major components. The first is a performance evaluation system, in which national goals are translated into explicit enterprise objectives and quantified in a performance criterion. The second is a performance information system, in which actual achievements are monitored. The third is an incentive system, in which the welfare of managers and workers is linked to national welfare by a pecuniary or non-pecuniary bonus system based on achievement of particular target values of the criterion variables. The paper proposes a phased system of implementation stressing how performance evaluation must be the product of an evolutionary process involving both enterprise managers and government supervisors.