Public sector performance: turning from black to grey
The magniture of investments in the public sector undertakings is so large that government should direct its energies in making case by case studies of various public sector undertakings and initiate measures to improve their functioning. It suggests to withdraw the operation of the public sector in areas which are non-redeemable. But the public sectors with profit can be salvaged through measures like the mou or imployee participation in ownership. Freedom of operational management and linking workers interest with the organisation interest can creat a new work ethos which may help these enterprises to cross the effeciency level of 12 percent gross rate of return
Public Sector Performance India Government Enterprise - India