Performance Of Central Public Sector Enterprises in India

Abstract

Pre-independence period public sector participation was very poor in Indian Economy. Post-independence period large expansion was undertaken particularly after introducing the Industrial Policy Resolution 1956.  The Central Public Sector Enterprises playing a vital role in achieving systematic and planned development in India. Public sector in effectively working towards promotion of economic development, promoting adequate infrastructure, balanced regional development and exports. Central public sector enterprises in India are performing towards employment generation, Contribution to Net Domestic Product, foreign exchange earnings, Capital Formation, profitability etc. The present study made an attempt to identify the performance of central public sector enterprises in terms of investment, rate of return, profitability etc. To evaluate the above the secondary data have been collected from various secondary sources like journal, magazines, annual reports, books, and literature review etc. the collected quantitative data has been analyzed with the help of tools like percentages, ratios, growth rates etc., and presented in the tables.