State Level Public Enterprises in India-An Overview

An Overview T L Sankar R Nandagopal R K Mishra State level public enterprises are an important segment of public enterprises in India, being vital instruments of public policy for the states. There has been a spectacular growth in the number of these enterprises and the investment in them since the fifties. However, their financial record is poor and managerial performance chaotic Internal resource generation is dismal and their accounting systems are in disarray. This paper provides an overview and suggests certain measures that can bring them out of the present quagmire.