different between departmental undertaking and govt companies
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govn. company is under control of govt.
and for use of public
it came under public sector
dep. undertaking is used as an asset to get income
it is a private sector
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Explanation:
Statutory Corporation:
This type of organization is formed by passing a special act of Parliament. It is an initiative of private enterprises.
It is completely owned by the state.
Departmental Undertaking:
It is a department which works under a minister and ensures high degree of public accountability.
It is completely owned by government.
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