Growth of Public Sector in India, Problems and Possible Solutions

Growth of public sector, problems and possible solutions for a better exploitation of Tomorrow


MR Prashant Sharma ( Assistant professor Dewan institute of worry studies, Meerut)
Dr Gaurav Kaushik ( HOD Dewan institute of management studies, Meerut)






























Abstract
Soon after the independence of our country our late select minister Pandit Jawaher Lal Nehru adopted the socialistic pattern of development of our economy, as it was to a greater extent based on equality and justice to all. In this drive the government owned enterprises were established in self-coloured of the country to speed up our industrialization. The industrial policy gag law of 1956 sketched the role of central public sector enterprises where most of the important industries were the responsibility of public sector. They buck up our economic carry on but certain problems with such enterprises emerged such as overlook of proper policies, motivation, direction, overstaffing, inferior quality goods and services, not having adequate query and development etc. Due to the problems government took the step of disinvestment and a lot of disinvestment has been done by our government. In some cases to assemble funds and in some cases to get rid of the ineffective management.



After the liberalization of our economy the cloistered sector has to a fault been given the due importance along with public sector, much and more industries are now open for private sector but yet the public sector has still prodigious role to play in coming years, together with private sector it can take the development of our country to red-hot heights. In the sit paper it is our effort to bring show up the dynamic role of public sector in present scenario how it can overcome its problems to help India to progress towards a more balanced development.
















Introduction-- An Overview of Indian reality Sector
Central and state Public Sector Undertakings (PSUs) play a prominent role in Indias industrialization and...If you want to get a mount essay, order it on our website: Ordercustompaper.com



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