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PSUs means
Evolution of PSUs
Various types of PSUs in India.
Trends of PSUs
Performance of PSUs in 2006-07
International operation
Top 5 PSUs in India (net income)
Advantages
PSUs means....
Owned , Managed and controlled by government. Funded by government. Welfare oriented. PSU is also known as public sector Unit/ Undertakes/ Enterprise. Railway, Arms & Ammunition and Atomic energy have still govt. full monopoly.
Evolution of PSUs
In 1951 (first five year plan) Number of CPSUs were only 5 with an investment of Rs. 290 mn only. In 1992 (8th five year plan) Number of CPSUs were about 246 with an investment of Rs. 1354 mn
Government companies.
Profit making PSUs Loss making PSUs No profit or No loss Total number of PSUs
156 59 2 217
897 82 0 815
Profit making PSUs Loss making PSUs Non functioning PSU PSUs not submitted accounts Total number
INTERNATIONAL OPERATION
Lots of joint venture and merger with foreign companies. Continuous increasing in foreign exchange earning 465-656bn.
Advantages
Building a countrys infrastructure (balance development of country).
Contributing to the production & achievement of self sufficiency in basic goods and services.
Promoting employment. Reducing mass poverty.