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 sector enterprises are those in which the assets are owned by the government, and the delivery of services is also the responsibility of the government itself.
Example, Indian Railway, SAIL, etc.
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