What are the merits and demerits of statutory corporation ? ( it is there in the revision notes provided by meritnation , but there are few merits and demerits which conflicts each other . For example : it was written " merits : free from govt. Interference , demerits : high govt. Interference " so please have a look at it and explain the correct answer .
Hey Dhvani,
Merits and demerits of statutory corporation are covered in our revision notes. All the merits and demerits as explained in our revision notes are correct. That is, the point that these corporations are free from undesirable control and interference by the government is correct. But in those projects where huge funds are involved and major decisions are to taken, they face high government interference. Thus, both the points are correct.
Merits and demerits of statutory corporation are covered in our revision notes. All the merits and demerits as explained in our revision notes are correct. That is, the point that these corporations are free from undesirable control and interference by the government is correct. But in those projects where huge funds are involved and major decisions are to taken, they face high government interference. Thus, both the points are correct.