000 03278cam a22002655i 4500
999 _c561
_d561
020 _a9788132217619
041 _aENG
082 _a338.7
_bJAV
100 _aJain, P.K
245 0 0 _aPublic sector enterprises in India :
_bthe impact of disinvestment and self obligation on financial performance /
_cP.K. Jain, Seema Gupta, Surendra S. Yadav
260 _aNew Delhi :
_bSpringer,
_c2014.
300 _axl, 365 p. :
_billustrations (some color) ;
504 _aIncludes bibliographical reference and Index.
505 _aChapter 1. The Impact of Disinvestment and Self Obligation on Financial Performance of PSEs in India: an Introduction -- Chapter 2. Public Sector Enterprises in India: An Overview -- Chapter 3. Literature Review on Aspects of PSEs -- Chapter 4. Research Methodology to Assess the Financial Performance of PSEs -- Chapter 5. Financial Performance of PSEs in India -- Chapter 6. Impact of Disinvestment on Financial Performance of PSEs -- Chapter 7. Impact of MoU/Self Obligation on Financial Performance of PSEs -- Chapter 8. Summary and Concluding Observations.
520 _aThe book examines the various aspects of non-financial central public sector enterprises (PSEs) in India, for a period from 1986-87 to 2010-11. The analysis is based on all the key financial ratios; namely, profitability, efficiency, liquidity, leverage and productivity. Liberalization and globalization have caused competition in India and have lowered the profit margins. At the same time, Indian government has reduced subsidies and budgetary support for PSEs to curtail their own fiscal deficit. Strategic and economic reforms were also introduced in PSEs to make their operations commercially profitable so that they are not dependent on the government to meet their financial requirements on the one hand, and have their own earnings to finance their expansion/modernization requirements as well as their social obligations, on the other. To what extent, the PSEs have succeeded in this objective constitutes one major aspect of the present research work. The other equally important aspect examined is financial performance of the PSEs which have opted for disinvestment and have signed memorandum of understanding (MoU)/ self obligations. The Indian Government has desired the central PSEs to be profitable in their operations in post-liberation era of 1990s. For this purpose, two major instruments, namely, disinvestment and MoUs, were introduced. This book examines, in detail, financial performance of PSEs which had opted for disinvestment and have signed MoU. Based on analysis/ findings and literature on the subject, the book contains some concrete suggestions that would prove extremely helpful to Indian Government to further improve their financial performance.
650 _aGovernment business enterprises
_zIndia.
650 _aPolitical Science
_xPublic Affairs & Administration.
650 _aGovernment business enterprises.
700 _aGupta, Seema.
700 _aYadav S. Surendra
856 4 2 _uhttp://www.loc.gov/catdir/enhancements/fy1411/2014940937-b.html
856 4 2 _uhttp://www.loc.gov/catdir/enhancements/fy1411/2014940937-d.html
856 4 1 _uhttp://www.loc.gov/catdir/enhancements/fy1411/2014940937-t.html
942 _2ddc
_cBK