What are the problems faced by the public enterprises in India.
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1) Technological Gap:
Some of the public sector enterprises in India are suffering from technological gap as these enterprises could not adopt up-to-date technologies in their production system leading to high unit cost and lower yield. Enterprises like I.I.S.C.O., E.C.L. etc. are suffering from this constraint.
2) Government Interference:
Much government interference in the day to day activities of the public sector enterprises has reduced the degree of autonomy of the managements in respect of employment, pricing, purchase etc.
3) Heavy Social Costs:
Public sector enterprises are suffering from heavy social costs such as the outlays on townships and allied provision of amenities to its employees.
4) Operational and Managerial Inadequacies:
The public sector enterprises in India are also suffering from operational and managerial inadequacies and inefficiencies leading to huge wastages and leakages of funds in their day-to-day activities.
5) Evil Competition and Sabotage:
Between the public sector and private sector units within the same industry sometimes there exists evil competition which leads to sabotaging of public sector units at a large scale.
HOPE IT'S HELPFUL!!!!!!!!!!!
1) Technological Gap:
Some of the public sector enterprises in India are suffering from technological gap as these enterprises could not adopt up-to-date technologies in their production system leading to high unit cost and lower yield. Enterprises like I.I.S.C.O., E.C.L. etc. are suffering from this constraint.
2) Government Interference:
Much government interference in the day to day activities of the public sector enterprises has reduced the degree of autonomy of the managements in respect of employment, pricing, purchase etc.
3) Heavy Social Costs:
Public sector enterprises are suffering from heavy social costs such as the outlays on townships and allied provision of amenities to its employees.
4) Operational and Managerial Inadequacies:
The public sector enterprises in India are also suffering from operational and managerial inadequacies and inefficiencies leading to huge wastages and leakages of funds in their day-to-day activities.
5) Evil Competition and Sabotage:
Between the public sector and private sector units within the same industry sometimes there exists evil competition which leads to sabotaging of public sector units at a large scale.
HOPE IT'S HELPFUL!!!!!!!!!!!
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