Restructuring Public Enterprises In India

About the Book: Business combinations, corporate restructuring, financial reengineering, corporate reorganizations are the terms used for restructuring the corporate sector. In India, corporate restructuring by way of disinvestment of public sector enterprises has become a fashionable concept in recent years. It started from the middle of seventies with the disappointment of public sector, but the voices of protest were very weak and periodic. But the continuous failure of public sector to fulfill the role assigned to it intensified the voices of protest. The opening of certain sectors earlier reserved for the public sector was undertaken in the beginning of eighties but the government was to some extent hesitant to make a clear statement. Then ultimately in the year 1991, under the stewardship of Dr. Manmohan Singh, then finance minister, the process of corporate restructuring through disinvestment was actually started and got momentum.

The Constellation Of Global Economic Forces Acting Upon The Various Economic And Business Entities In A Transforming Economy Such As India Necessitates A Thorough Inquiry Into Its Major Dimensions. This Book Is An Attempt To Capture The Salient Features Of Such Major Issues.Govt. Policies With Respect To Disinvestment, Problems In Disinvestment Processes, Disinvestment Experiments In Late 90 S Role Of Various Agencies In Disinvestment Process; Development Of Mou As A Tool In Public Enterprise Management, Competitiveness In Public Sector, Productivity Scenario In Public Enterprises, Mou In India, Financial Autonomy, Accountability And Administration Of Public Enterprises Like Topics Are Given Competent Treatment In This Book.The Book On The Whole Attempts To Bring Together, The Manifold Dimensions Of Critical Issues At The Policy And Operational Levels Of The Indian Public Enterprise Management Process.

With reference to India in general and the state of Orissa in particular.

The State Level Public Enterprises (Slpes) Are Important Components Of The Economy Of States. The Restructuring Of Slpes Is An Integral Part Of The Economic Reforms Initiated By The State Government. This Study Presents The State Of Select Slpes In Mp, Their Institutional Structure, Governance Relational And Scope And Time Table For Future Reforms. As A Prelude, The Study Provides A Backdrop Of The Economy Of Mp. The Information Contained In This Study Has Been Obtained From Both Primary And Secondary Sources. Having Some Critical Limitations, The Analysis And Conclusion Of Study Will Prove Of Utmost Use For Academics As Well As Policy Planners And Administrators.

In India, Corruption Is Deep Rooted - There Is Corruption Among The Bureaucrats, Among The Business Community, Among The Political Community And Even In The Ngos. In Fact, Five Major Players Neta, Babu, Lala, Jhola & Dada Are Dominating In Corruption In The Country. Further, Politicalization Of Corruption Can Also Be Directly Traced To The Corruption Which Flourishes Because Of The Need For Ever Increasing Funds For Political Purposes. Excessive Obsession In The Context Of Economic Liberalisation With Corruption May Be Counter-Productive, Especially In The Public Sector Enterprises. The Present Book Focuses On Systematic Approach For Eliminating Corruption Followed By Creating A Culture Of Excellence, Changing Role Of Administrator, Importance Of Corporate Governance In Liberalised Environment, Challenges Of Global Competition & Managerial Challenges For The Indian Industry, Core Competencies Of India 2010 Etc.