Question

List the different types of public sector enterprises.

Answer 1

The different types of public sector enterprises are as follows:

1. Departmental undertakings: This is the oldest and most traditional form of organising public enterprises. Examples of these undertakings are railways, post, and telegraph department.

2. Statutory corporations: Statutory corporations are public enterprises brought into existence by a special act of the parliament.

3. Government company: A Government company is established under the Indian Company Act, 1956 and is registered and governed by the provisions of the Indian Companies Act.