India’s
central public sector enterprises have undergone a cycle of transformation
since the introduction of liberal economic policies a couple of decades
ago.Many believed that the public sector enterprises will simply wither away
because of competition and their inefficiency; or they will be subsumed by the
private sector because of the divestment programme.However, as the experience
has shown, the Central Public Sector Enterprises (CPSEs) continue to have a
critical role to play in many businesses, especially in the strategic
sectors.Many CPSEs have proved their critics wrong by becoming extremely
efficient and competitive.
Thursday, September 13, 2012
Subscribe to:
Posts (Atom)