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With a vacancy rate for state employees of more than 23%, the governor and legislature are looking for solutions in recruitment, retention and pay.
National Recruitment Agency [1] is a Central Recruitment Agency established by the Government of India, that will conduct a Common Eligibility Test (CET) [2] for selection to all of the Group C and Group D employee posts in all central government establishments which includes all of the central public sector undertakings and all of the central autonomous bodies. [3]
Central public sector enterprises (CPSEs) are those companies in which the direct holding of the Central Government or other CPSEs is 51% or more. As on 31.3.2015 there were 298 CPSEs wherein, 63 enterprises are yet to commence commercial operation.
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
The Department of Public Enterprises (DPE), Ministry of Finance is the nodal department for all the Central Public Sector Undertakings (CPSUs). As of October 2021, there are 13 Maharatnas, 14 Navratnas and 72 Miniratnas (divided into Category 1 and Category 2).
The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military , law enforcement , infrastructure , public transit , public education , along with health care and those working for the ...
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
Undertaking research and development and allied activities, providing funding (including grants-in-aid) for creating, collaborating and development of innovative future technology for developing and enabling the growth of skills, working closely with wider public sector industries, academia et al. and with international partners for protection ...