how was the ownership of essay of public sector
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The ‘public ownership’ refers to ownership — directly or indirectly — through the shareholding of PSUs by central, state and local governments as well as autonomous public institutions. In India, for companies under Section 619B of the Companies Act, 1956, 51% or more of the paid-up capital is held by the Government along with one or more PSUs, or by one or more PSUs, without the Government holding any share.
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