May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 35: The Public Sector in India | 449 |
own and contributes a sizable amount of revenue to the public
exchequer.
(ii) Government companies where at least 50 per cent are owned
by it : These are enterprises run by government as companies
registered in accordance with the provisions of the Indian
Companies Act, 1956. Theses include Hindustan Machine
Tools Limited, NTPC Ltd, the 20 nationalized banks, etc..
(iii) Public corporations or statutory corporations : Enterprises
run by statutory corporations organized for a specifi c purpose
include the Life Insurance Corporation of India, Central Ware-
housing Corporation, Indian Airlines, Oil and Natural Com-
mission, Food Corporation of India, etc.
(iv) Other forms : Port Trusts, ...
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