Question

How can the government improve efficiency of PSUs? Explain giving examples.​

Answer 1

Answer:

PSU stands for Public Sector Undertakings. They are also often come across by the term Public Sector Enterprises. PSUs are state-owned enterprises in India. Moreover, the union government of India or any of the many state and territorial governments own the PSUs. In addition, the government owns a majority of the company’s stocks. Here, find all you need to know about PSUs in Economics.

There are two different classifications of public sector undertakings:

The Central Public Sector Enterprises (CPSEs) which the Central Government controls.

The State Level Public Enterprises (SLPEs) which the State Governments control.