Public Sector Undertaking definition
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A state-owned enterprise in India is called a Public Sector Undertaking (PSU) or a Public Sector Enterprise. These companies are wholely owned by the Government of India or one of the many state or territorial governments or both together in parts. ... The company stock is majority-owned by the government in a PSU.
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Answer:
A state-owned enterprise in India is called a Public Sector Undertaking (PSU) or a Public Sector Enterprise. These companies are wholely owned by the Government of India or one of the many state or territorial governments or both together in parts. ... The company stock is majority-owned by the government in a PSU.
Explanation:
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