define public sector enterprise
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A state-owned enterprise in India is called a public sector undertaking (PSU) or a public sector enterprise. ... CPSEs are companies in which the direct holding of the Central Government or other CPSEs is 51% or more. They are administered by the Ministry of Heavy Industries and Public Enterprises.
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Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under publicownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.
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thanks for your question
Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under publicownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.
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