Economic Reforms and Public Sector Enterprises

Contents: 1. Introduction. 2. Genesis and growth of public sector enterprises in India. 3. Labour management relations in public sector enterprises. 4. Disinvestment and privatization in public sector enterprises. 5. Economic reforms and performance of public sector enterprises. 6. Problems of public sector enterprises. 7. Policy implications. Bibliography.
 
The year 1991 is an important landmark in the economic history of post independence India. The process of economic reforms initiated in the year 1991 has transformed the fabric of Indian economy extensively and has promoted new directions and dimensions for its development. Public sector reforms require reduction of state control on the economy and expect participation of private enterprises and market forces in the production process.

The present book titled Economic Reforms and Public Sector Enterprises analyses the role of Public Sector Enterprises in economic Development of India and also examines their efficiency profitability productivity and financial performance during the reforms period. It also highlights the impact of new industrial policy based on deregulation decontrol and privatization on the leading role of private sector and confining public sector to physical infrastructure. The book also exposes the basic problems faced by the PSEs for their extension technological upgradation and modernization. It also focuses light on the idea of disinvestments of shares of public sector.

The treatment in this book is very simple compact coherent and critical. Where ever necessary the subject matter has been substantiated with up to date statistical facts and figures. The book will be of immense value and precious to all individuals may be the students teachers researchers policy makers policy executors financial experts professionals and all those who are deeply interested to know the working of PSEs. (jacket)