name the form of organising public enterprises funded directly from the governnent treasury
Answers
The main characteristics of Departmental undertakings are as follows: (i) The funding of these enterprises come directly from the Government Treasury and are an annual appropriation from the budget of the Government. hope it helps
Answer:
Explanation:
The main characteristics of Departmental undertakings are as follows:
(i) The funding of these enterprises come directly from the Government Treasury and are an annual appropriation from the budget of the Governm(ii) They are subject to accounting and audit controls applicable to other Government activities;
(iii) The employees of the enterprise are Government servants and their recruitment and conditions of service are the same as that of other employees directly under the Government. They are headed by Indian Administrative Service (IAS) officers and civil servants who are transferable from one ministry to another;
(iv) It is generally considered to be a major subdivision of the Government department and is subject to direct control of the ministry;
(v) They are accountable to the ministry since their management is directly under the concerned ministry.ent. The revenue earned by these is also paid into the treasury;