Business Studies, asked by wonderdisha7, 3 months ago

What are the values kept in departmental undertakings ?​

Answers

Answered by AkashKumar372
4

Departmental undertakings, which are ease of formation, the oldest form of organisation, lack of borrowing facility, strictly under government control, lack of separate legal status, use of revenue, public accountability, monopoly, etc.

Answered by JohnRobinson
86

Question-:

What are the values kept in departmental undertakings ?

Answer-:

Advantages of Departmental Undertaking

Meaning of Departmental Undertaking

Features of Departmental Undertaking

Know more:-

Easy Formation:

It is easy to set up a departmental undertaking. The departmental undertaking is created by an administrative decision of the Government, involving no legal formalities for its formation.

(ii) Direct and Control of Parliament or State Legislature:

ADVERTISEMENTS:

The departmental undertaking is directly responsible to the Parliament or the State legislature through its overall head i.e. the minister concerned.

(iii) Secrecy Maintained:

The departmental undertaking can maintain secrecy of important policy matters; as the Government can withhold any information, in public interest.

(iv) Lesser Burden of Tax on Public:

ADVERTISEMENTS:

Earnings of departmental undertaking are paid into Government treasury, resulting in lesser tax burden on the public.

(v) Instrument of Social Change:

Government can promote economic and social justice through departmental undertakings. Hence, a departmental undertaking can be used by the Government, as an instrument of social change.

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