Question

Role of public sector undertakings on the contexts of privatization and Liberalization

Answer 1

Here is the answer
In India, a government-owned corporation is termed as a Public Sector Undertaking(PSU). This term is used to refer to companies in which the government (either the federal Union Government or the many state or territorial governments, or both) own a majority (51 percent or more) of the company equity.
please mark me brainliest