Public Sector Undertakings (PSUs) / Coal India Limited (CIL) क्या है?
ऐतिहासिक पृष्ठभूमि
मुख्य प्रावधान
8 points- 1.
Government Ownership: Majority stake (>=51%) held by the government, giving it control over management and policy.
- 2.
Commercial and Social Objectives: PSUs are expected to generate profits while also fulfilling social responsibilities like employment, regional development, and providing essential services.
- 3.
Strategic Importance: Many PSUs operate in core sectors like energy, defense, infrastructure, and finance, which are crucial for national security and economic stability.
- 4.
Autonomy with Accountability: They operate with a degree of operational autonomy but are accountable to Parliament (for Central PSUs) and government ministries.
- 5.
Categorization: Classified into Maharatna, Navratna, and Miniratna based on their size, turnover, and profitability, granting them varying degrees of financial and operational autonomy.
- 6.
Regulatory Oversight: Subject to audits by the Comptroller and Auditor General (CAG) and parliamentary committees.
- 7.
Employment Generation: Significant employers, contributing to formal sector employment.
- 8.
Resource Mobilization: Generate revenue for the government through dividends and taxes.
दृश्य सामग्री
Public Sector Undertakings (PSUs) in India: Role & Reforms
This mind map illustrates the fundamental aspects of Public Sector Undertakings (PSUs) in India, covering their objectives, categorization, governance, and ongoing reform efforts, with Coal India Limited (CIL) as a key example.
Public Sector Undertakings (PSUs)
- ●Objectives & Rationale
- ●Categorization & Autonomy
- ●Governance & Accountability
- ●Recent Reforms & Challenges
हालिया विकास
6 विकासDisinvestment and Privatization: Government's increasing focus on strategic disinvestment and privatization of non-strategic PSUs to raise revenue and improve efficiency.
Corporate Governance Reforms: Efforts to enhance transparency, accountability, and professional management in PSUs.
Competition: PSUs increasingly face competition from the private sector, necessitating efficiency improvements and modernization.
Strategic Asset Monetization: Monetizing non-core assets of PSUs to unlock value.
Focus on Core Competencies: Encouraging PSUs to focus on their core business areas and divest non-core operations.
Coal India Limited (CIL) is actively involved in expanding its production capacity and adopting cleaner coal technologies, while also exploring diversification into renewable energy.