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Public Corporation
Prepared and Presented by Yash Bhatt
What Is Public Corporation?
• It is a government-owned corporation or firm
organized to carry on a particular governmental
activity, managed according to business principles by
an appointed board. It is a legal entity that
undertakes commercial activities on behalf of
government.
Government Firms in India
• Air India
• Bank Of India
• Indian Railways
• MTNL
Advantages of Government Corporations
• Formation of government companies is very easy.
• Government company facilitates all round industrial
development
• Government company enjoys financial autonomy.
• It provides a healthy competition to private sectors.
Disadvantages of Government
Corporations
• Lack of Flexibility
• Political Interference
• Lack of Autonomy
• Delay in Decision
• Low labour productivity
Bibliography
• http://www.indiastudychannel.com/resources/125327-
Disadvantages-Government-Companies.aspx
• http://www.yourarticlelibrary.com/economics/advantages-
and-disadvantages-of-public-corporations/32766/
• http://en.wikipedia.org/wiki/Category:Government-
owned_companies_of_India
Thank you

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