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Article Details ::
Article Name :
PRIVATIZATION OF PUBLIC ENTERPRISES
Author Name :
Santosh Kumar S. Sheelvant , Vasudev Sedam H.
Publisher :
Ashok Yakkaldevi
Article Series No. :
ROR-1051
Article :
Author Profile
Abstract :
There is no doubt that the regulatory, promotional and participative roles of the government have assumed significant place for the economic development of the country. The PEs have been used by the government as a tool or instrument to perform these roles. To what extent these PEs have helped the government in these roles is a debatable issue. The main issue which we are going to examine in the present day context is whether there has been any change in the Directive Principles of State Policy and sanction of five times passed Industrial Policy Resolution (IPR) in parliament in 1948, 1956, 1977, 1980, 1985? No, we still have an expanding role for the PEs in India. But it is quite true that we have now changed our plan priorities for the PEs. Earlier, PEs were not forced to generate surpluses for their further expansion programmes.
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