Name the Public enterprise which is a valuable instrument for economic development also give its two other merits and demerits

Departmental undertakings is a form of public enterprise which is more valuable instrument because towards people it has high accountability.It merits are:
From the Indian government treasury funds are released to it.
They are under the direct control of the concerned ministry.
They are much easier to form.
Demerits:
Too much of interference from the ministry.
Prone to red tapism.

  • 0
What are you looking for?