Question

Difference between statutory corporation vs departmenral undertaking and government company in points

Answer 1

A government company is one where at least 51% of the paid up share capital is held by the central and/or a state government. A subsidiary of a government company is also a government company. ... They can invite public to subscribe share capital and shares will be quoted in stock exchanges.

Meaning of Departmental Undertaking: Under departmental form of organisation, a public enterprise is run as a separate full-fledged ministry or as a major sub-division of a department of the Government. For example, the Indian Railways are managed by the Ministry of Railways.