Private sector Refers to each kinds of individual or corporate enterprises, in any case of productive activity.
Domestic or foreign
Ownership in one-on-one hands,personal initiative, internet motive
Why the interest in semi offstage sector participation?
Investment from private sector
Needed referable to limits in govt.
Capital
Efficiency driven by competition
Reasons for private sector efficiency?
Accountable to customers
Competition and contestability
Clear overt presentation measures specified
Management flexibility
To hire qualified staff
To pay according to performance
To sack up staff for non-performance
To adjust work hours for service demand
exemption from bureaucracy
To obtain parts for repairs
To lease equipment as needed
To subcontract to touch on demand peaks
Freedom from political whim
To optimize ratio of master copy to operational staff
To fully apply resources to only service
Industrial indemnity resolutions of 1948 and 1956
India was made a fixed economy
Fields mute for public sector
Fields where both public and private could operate
Fields reserved for the private sector
Industrial policy resolutions of 1948 and 1956
Large scale investing in public sector necessary to accelerate economical development
High level of public investment in foundation ,key basic industries
Growth of private sector dependent on public investment
Private Vs exoteric
Private sector Public sector
Quick yielding industry Low profit yielding
Large profits in short foil of time Long gestation
Consumer goods industriesHeavy investment...If you want to keep up a full essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment