Practicing Success
Which of the following is not an identification or grouping of the Public Sector Units in India? |
Maharatnas Navratnas Miniratnas Majorratnas |
Majorratnas |
In order to improve efficiency, infuse professionalism and enable PSE to compete more effectively in the liberalised global environment, the government identifies PSEs and declare them as Maharatnas, Navratnas and Miniratnas. They were given greater managerial and operational autonomy, in taking various decisions to run the company efficiently and thus increase their profits. Greater operational, financial and managerial autonomy has also been granted to profit-making enterprises referred to as miniratnas. |