Question

Why is the government company form of organisations preferred to other types in the public sector

Answer 1

Answer:

The government company form of the organization is preferred for other types of public sector as it provides the following benefits :

• The simple process of installation can be made easily by a government company compared to some other enterprises of public. There is no need to get the bill which passed by Parliament or the State Legislature. It can be made by following the procedure set out by the Company Act.
• Separate legal entity .
• Enjoys Autonomy as there is no other competitive present.
• Independency in administrative and financial matters.