difference between departmental undertakings and statutory corporations...??

Basis of differenceStatutory CorporationDepartmental undertaking

This type of organisation is formed by passing a special Act of Parliament and is an initiative of private enterprises having the power of the government.

Itis an organisation that works directly under the ministry and ensures a high degree of public accountability.

OwnershipWholly owned by stateWholly owned by government
Capital financingMay borrow from the government and the general public.Financed through budget, can not borrow

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