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Topic: Public Sector Undertaking

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	Efficient Public Sector Downsizing - Finance & Development - September 1997
		In a typical national public sector downsizing operation, hundreds of thousands of workers need to be relocated to the private sector, with the average compensation and retraining package amounting to several thousand dollars per worker.
		In situations where public sector workers cannot be legally dismissed, any compensation that falls short of each worker's perceived loss will fail to encourage his or her voluntary departure.
		Public sector employees are usually not poor, so that offering them excessively generous severance pay conflicts with separate efforts to reorient government expenditures toward the neediest.
	www.worldbank.org /fandd/english/0997/articles/070997.htm (3435 words)

	[No title]
		Public sector is normal In developed countries, the public sector is the normal mode of management of water supply and sanitation services.
		Public sector water - efficiency and reform Efficiency and effectiveness Public sector ownership is not in itself a cause of inefficiency or an inferior basis for providing water and sanitation.
		In a public sector water undertaking, the fundamental form of accountability is to the public authority, which may include: regular reports to and meetings with committees of elected representatives.
	www.psiru.org /reports/2001-06-W-public.doc (10941 words)

	Manmohan's public sector mantra
		The public sector, in his and his government's view, should be strengthened and should be allowed to operate in an environment where it is not a monopoly.
		All public sector units should be brought under the administrative control of this ministry.
		Let the public sector ministry be looked after by the prime minister himself. This will mean prompt decisions and will also ensure that ruling party politicians think twice before trying to misuse the public sector units to gain political mileage.
	www.rediff.com /money/2004/nov/10guest.htm (923 words)

	Debate Corner
		The majority of the employees in public sector undertaking are not satisfied,especially those in the young and enthusiastic employees.
		To improve the over image of the public sector undertakings, the structure has to be redifined, the promotion policies has to be changed and the quality people who are the performers should be acknowledged and rewarded.
		public sector undertakings also cater to the needs of the rural public and also motor third party insurancee the major loss maker is made good by the psu.
	www.bimaonline.com /cgi-bin/prof/debate/showdebate.asp?id=7 (2820 words)

	XII LOK SABHA DEBATES, Session II, (Monsoon)
		The public sector could achieve several objectives in removing inter-regional disparities and earning a reasonable rate of return for generating surpluses for further investment, for building of infrastructure, generation of employment opportunities, diversification of the economy and promotion of rapid economic growth.
		Once a sick public sector undertaking is referred to the BIFR, from the date of registration with the BIFR it could be seen that the revival of most of the sick public sector undertakings are hurdled basically because of the negative stance of the concerned Government when it comes to acting as a promoter.
		While considering the cases for revival of sick public sector undertakings, only their losses and liabilities are taken into account but not the opportunity cost and the replacement cost of the sick public sector undertaking considered for closure.
	parliamentofindia.nic.in /lsdeb/ls12/ses2/4217079801.htm (2795 words)

	Freeindiamedia.com, Express your impartial, radical, grassroot views on current issues. (Site not responding. Last check: 2007-10-11)
		The process to pick and choose public sector companies to be covered begins later.
		But imagine the days when the scarce funds needed elsewhere were diverted to public sector undertakings so that the country was not buffeted by pressure, which the procurement of some commodity might exert.
		The undertakings need to be independent like the ones in the private sector, not disinvested without rhyme or reason.
	www.freeindiamedia.com /economy/6_nov_economy1.htm (1022 words)

	Disinvestment - A Backdoor Privatisation (Site not responding. Last check: 2007-10-11)
		By diluting the equity of the public sector, the government is only weakening the public sector and permitting penetration of the private capital in the public sector undertakings for its own selfish ends.
		Private sector shareholders continuously pressurise the management of such joint sector undertakings to give up the policy of economic growth with social justice and only seek more and more profits so that they can get better yield on their investment.
		Chidambaram and other official spokesmen of the UPA government who are repeatedly claiming that disinvestment of shares of public sector upto 49 per cent is not privatisation is a crude attempt to cover up open violation of the commitment given in the National Common Minimum Programme.
	pd.cpim.org /2005/0703/07032005_pandhe.htm (1174 words)

	Public Sector and Joint Ventures In India (Site not responding. Last check: 2007-10-11)
		BCCL is a Public Sector Undertaking engaged in mining of coal and allied activities.
		IRCC is a public sector enterprise under the Department of Road Transport and Highways.
		The strength of the Public Sector is in the size, magnitude, infrastructure, resources as well as sectoral penetration it has been able to achieve.
	indiafocus.indiainfo.com /govt/organisations/publicsectorandjointventures (1245 words)

	The ICFAI University Press - Publication Division of the ICFAI University
		Public and private sector cooperation is being considered better in providing civic services effectively, promptly and at a lesser cost.
		The need for Public Private and People Partnership for housing and infrastructure with citizen participation in a big way is behind the success stories in various municipal governments across the country.
		The paper elucidates the reasons and the main approaches adopted in water sector reforms with particular attention to the way the reforms are unfolding in Andhra Pradesh.
	www.icfaipress.org /1005/ijpa.asp (1049 words)

	Undertaking - openthesaurus.com Info About Undertaking (Site not responding. Last check: 2007-10-11)
		The Centre Undertaking Research in Vocational Education (CURVE) was established at CIT in 1999.
		Upon approval for provision of a banker's undertaking, a copy of the A banker's undertaking to be furnished pursuant to section 71(2) proviso (b) of the
		UNDERTAKING BETTY is an outrageous comedy set in a small Welsh town about a funeral parlor owner whose life is about to turn upside down.
	openthesaurus.com /?q=undertaking (227 words)

	Indiantelevision.com > AdEx India Analysis > Advertising spends by few PSU Banks on TV for corporate image ... (Site not responding. Last check: 2007-10-11)
		Advertising Spends for corporate image by these Public Sector Undertaking (PSU) Banks on Television shows a growth of nearly 324% in the first half of year 2004 compared to the first half of year 2003.
		State Bank of India was the Top Spender on corporate image ads category in Public Sector Undertaking on Television in the first half of year 2004.
		The graph shows that SBI (State Bank of India) rules the corporate image advertising in Public Sector Undertaking Banks with nearly 77% of advertising on Television in the first half of year 2004 whereas year 2003 was ruled by Punjab National Bank in this category.
	www.indiantelevision.com /tamadex/y2k4/sep/tam79.htm (453 words)

	rediff.com: ECIL: A public sector success story
		When there is something positive to be said about a public sector undertaking, such news tends to be relegated to the background.
		The PSU then stepped up its research efforts and came up with indigenous substitutes for electronic items used for military purposes - in certain cases, the local products turned out to be superior than the imported equipment after extensive field trials had been conducted.
		The ECIL top brass was able to use the energies of the employees' union and the officers' association to alter the defeatist attitude that had set in among sections of the staff.
	ushome.rediff.com /money/2002/nov/12paran.htm (1440 words)

	Summary (Site not responding. Last check: 2007-10-11)
		The alternative of a public sector water undertaking is ignored, although they are the providers of water and sanitation services for the great majority of the population in developed countries.
		Decision-makers are advised to follow three rules: (a) Always construct and consider a public sector option; (b) Always evaluate any PPP proposal against a public sector option, in a public process; (c) Avoid secret agreements and secret contracts.
		The paper concludes by discussing options for financing public sector water, and for improving management through ‘public-public partnerships’ (PUPs), without the need to hand control to the private sector.
	www.servicesforall.org /html/WaterPolicy/Summary_Public.html (318 words)

	CIOL : News : BSNL mega tender for 42 mn lines this month (Site not responding. Last check: 2007-10-11)
		The 30 percent of the tender would be awarded to a public sector undertaking under the 'Reserved Quota'.
		The remaining 42 million lines would be for three regions of North, South and East, while the contract for Western Region would be awarded to a public sector undertaking.
		The department officials added that in the next two months left in the current fiscal, the company is targeting to add eight million mobile lines with two million each for the four zones under its ongoing expansion plan of adding 14 million lines.
	www.ciol.com /content/news/2006/106012309.asp (319 words)

	Mizoram: Industrial Policy 2000
		The policy, interlay, laid emphasis on even development of all these sectors, various kinds of supports like institutional organizational and marketing supports, and schemes for infrastructure development and manpower development apart from initiating several state-level incentives schemes to attract prospective entrepreneurial were announced by the Government.
		The role of public sector undertaking will be reviewed by the government and re-structuring and rehabilitation, will be undertaken leading them to commercial viability.
		A Public Enterprise Cell will be constituted in the Department of Finance to over-see functioning of the public sector units and formulate guidelines for revamping their management and for organizational and structural adjustment.
	www.neportal.org /northeastfiles/Mizoram/Industry/Industrial_Policy_2000.asp (4878 words)

	promotion of sports in residential schools and public sector townships,residential schools,public sector undertaking ...
		Under the Scheme, SAI undertakes talent scouting in large size public sector townships with the help of the management.
		Coaching is taken up in four sports disciplines, identified by the concerned public sector undertaking, depending upon the playing facilities that exist.
		The talented children are selected from amongst those living in the public sector township and/or studying in the schools run by the public sector undertaking, through application of a battery of tests formulated for the purpose.
	www.india4world.com /india-sports/promotion-sports-schools.shtml (226 words)

	[No title]
		Settlement of pensionary terms in respect of Government employees transferred to autonomous Organisations/public undertakings consequent on the conversion of Government Department/Office into an Autonomous Body or Public Undertaking.
		Restoration of 1/3rd commuted portion of pension after 15 years from the date of commutation or 1.4.85, whichever is later in respect of Government servants who had drawn lumpsum payment on absorption in Public Sector Undertaking/Autonomous Body - Implementation of Supreme Court Judgement dated 26.4.2000.
		Terms and conditions of payment of pensionary benefits in respect of Central Government employees transferred to autonomous bodies/public sector undertakings consequent upon conversion of Govt.
	persmin.nic.in /pension/apsupension.html (345 words)

	Why should owners not be transporters?
		His objection is chiefly on the ground that since there is already a public sector undertaking in shipping, why should another PSU enter the same business.
		There is also nothing illogical about a public sector company forging an alliance with a private corporate.
		The public sector Shipping Corporation of India, along with Mitsui-Osk, is also one of the contenders for the Petronet contract.
	www.thehindubusinessline.com /2000/06/12/stories/091271om.htm (589 words)

	rediff.com: Sucheta Dalal on Budget expectations
		They are simply unwilling to give up control over public sector undertaking fiefs which pay for luxuries such as computers, fax machines, mobile phones, provide employment to their buddies and relatives and foot the bills for other shenanigans.
		More importantly, PSU chiefs often act as collection agents for ministers who demand a percentage for all contracts, purchase agreements and jobs.
		He has already rejected a demand from economists that divestment/privatisation should be separated from the Budget effort and funds raised should be ploughed back to restructure the public sector and announce voluntary retirement schemes.
	www.rediff.com /money/2000/feb/28dalal.htm (1100 words)

	Industries : Public Sector Undertaking india growth statistics details figures (Site not responding. Last check: 2007-10-11)
		Capacity Utilisation of Coal and Lignite by Public Sector Enterprises in India (2000-2001 to 2004-2005)
		Cognate Group-wise Classification of Public Sector Enterprises in India (As on 31.03.2002 to 31.03.2005)
		Capacity Utilisation of Fertilizers by Public Sector Enterprises in India (2000-2001 to 2003-2004)
	www.indiastat.com /india/ShowData.asp?secid=235&ptid=18&level=2 (2965 words)

	Ministry of Textiles
		The Cotton Corporation of India Ltd (CCI), Mumbai, is a profit-making Public Sector Undertaking under the Ministry of Textiles engaged in commercial trading of cotton.
		The CCIC is a PSU under the administrative control of Ministry of Textiles.
		The main objective of the corporation are to ensure easy availability of raw materials and inputs used in handloom sector like yarn, dyes and chemicals and other inputs and to encourage production and marketing of handlooms by opening of marketing outlets.
	texmin.nic.in /tex_08.htm (1023 words)

	[No title] (Site not responding. Last check: 2007-10-11)
		Privatization should be brought about not by dis-investment of this type but by opening up the sector for competition, permitting entry for both the national and international investment.
		If, on the other hand, the public sector enterprises find themselves unable to face the competition the capital assets that belong to them will get divested in the open market in a transparent manner without any scope for suspect deals.
		2.3 (bis) Disinvestments in all public undertakings that have been showing losses since long and seem to be unsalvageable even after application of new exit and labour policies.
	www.sabhlokcity.com /policies/SBP-policy-pse.doc (644 words)

	Daily Excelsior...Business
		He also ridiculed the alleged Government attempt to de-unionise the public sector banks to improve the work culture and the efficiency of the office employees and bring them at par with those working in the foreign or private sector banks.
		The Visakhapatnam Steel Plant, a Public Sector Undertaking (PSU) of the Steel Ministry has produced 3.17 lakh tonnes of hot metal, 2.77 lakh tonnes of liquid steel and 2.37 lakh tonnes of saleable steel in August thereby representing 113, 115 and 112 per cent of the monthly targets respectively.
		He said his Government after taking over three and a half years ago gave priority to this vital sector and had succeeded in starting work on hydel projects having generation cpacity of 7155 mws which were likely to be commissioned in the next 7-8 years.
	www.dailyexcelsior.com /01oct02/busi.htm (2528 words)

	The Telegraph - Calcutta : Business (Site not responding. Last check: 2007-10-11)
		UTI qualifies to be a pension fund manager and we will pitch for it as and when the sector is opened up,” said U.K. Sinha, the newly-appointed chief executive of UTI Asset Management Company, which manages the country’s largest mutual fund.
		Besides mulling a foray into the pension sector, Sinha is also eyeing a portion of the national investment fund.
		The public sector undertaking is also open to acquiring other mutual funds to scale up its operations and is planning to increase its global footprint through UTI International — its subsidiary for international operations — in the coming months.
	www.telegraphindia.com /1051104/asp/business/story_5435473.asp (432 words)

	The Telegraph - Calcutta : Nation (Site not responding. Last check: 2007-10-11)
		There are indications that the Centre will keep on hold its decision to offload 10 per cent shares in the public sector undertaking.
		The Left parties are to meet Prime Minister Manmohan Singh and ruling alliance chairperson Sonia Gandhi on Sunday to try and break the deadlock over Bhel, but will discuss the matter first at their own co-ordination committee meeting on Saturday.
		He quoted the document: “The UPA will retain existing ‘navratna’ companies in the public sector while these companies raise resources from the capital market.
	www.telegraphindia.com /1050707/asp/nation/story_4959874.asp (375 words)

	News Item (Site not responding. Last check: 2007-10-11)
		The Bharat Gold Mines Ltd (BGML) is a public sector undertaking under the ministry of mines, government of India.
		John Taylor and sons, in the Kolar Gold Field were nationalized as Kolar Gold Mine Undertaking in 1956 by the Government of Karnataka and in 1972, the Union Ministry of Steel and Mines created Bhartat Gold Mine Ltd (BGML) as a public sector undertaking.
		It is said that after the people’s complaint and public protests the Government of Karnataka had asked the BGML management to hand over the maintenance of sanitary and water works to Robertsonpet City Municipality.
	www.sochara.org /news/news_item.asp?NewsID=21 (4010 words)

	The Hindu : Workers fight to keep BGML open
		With the Union Government and the management of the public sector undertaking determined to close the 122-year-old company, the future of the workforce and the gold-laden mines hangs on the judiciary.
		The unions were all the more surprised since the Section 25 (O) route has rarely, if ever, been used to close down a public sector undertaking in similar circumstances - namely, where parallel proceedings for closure are on and a substantial workforce still remains on the payroll.
		Ever since the BGML was earmarked for closure, the unions have collected a formidable body of evidence to show why (unlike some other public sector undertakings) it can be a viable commercial enterprise.
	www.hindu.com /2001/02/13/stories/0213000a.htm (676 words)

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