FORMS OF ORGANISING PUBLIC SECTOR ENTERPRISES.pptx

1. Powerpoint presentation

2. DEPARTMENTAL UNDERTAKINGS
 Its the oldest and the most traditional form of organising public
enterprises.
The government functions through these departments and the
activities
performed by them are an integral part of the functioning of the
government.
 they are not independent legal entities.
FEATURES OF DEPARTMENTAL UNDERTAKINGS
1.It is established by the government, and its overall control rests
with the minister.
2.It is a part of the government and is managed like any other
government department.
3.It is financed through government funds.
It is subject to budgetary, accounting, and audit control.

3. MERITS AND LIMITATIONSOF DEPARTMENTAL UNDERTAKINGS
EXAMPLE OF DEPARTMENTAL UNDERTAKINGS
MERITS LIMITATIONS

4. STATUTORY CORPORATIONS
1, Statutory corporation are body corporations formed by a
special act of parliament or by the central or state legislature.
2.It is fully financed by the government. Its powers, objects,
limitations etc. are also decided by the act of the legislature.
FEATURES OF STATUTORY CORPORATIONS
 act of parliament
Owned by the state
 can sue and be sued
Not govt of client servant
Funds by government
Main motive is not to earn profit
Prepare its own budget
Service to general public

5. MERITS AND LIMITATIONS OF STATUTORY
CORPORATIONS
MERITS
LIMITATION
EXAMPLE OF STATUTORY CORPORATION

6. GOVERNMENTCOMPANY
Government Company is a company or an organization in which at
least 51% of the paid up share capital is held by the central
government or the state government or partly by both central
and state government.
FEATURES OF GOVERNMENT COMPANY

7. MERITSANDLIMITATIONSOFGOVERNMENTCOMPANY
Merits
 easy formation
Separate entity
Administrative autonomy
Efficiency
Competition
Limitations
 political interference
Limited autonomy
Directors not working
for company benefit
EXAMPLEOFGOVERNMENTCOMPANY