000			01242nam a2200193Ia 4500
999			_c45686 _d45686
005			20220519194917.0
008			200204s9999 xx 000 0 und d
020			_a8173070083
082			_a338.62 PRI
100			_a"Datt, Ruddar (ed.)"
245		0	_aPrivalization : bane or panacea / edited by Ruddar Datt
260			_aDelhi
260			_bPragati Pub.
260			_c1993
300			_a322p.
520			_aIn his Preidential Address to 74th Annual Conference of the Indian Economic Association, jheld on DEcember 28, 1991, Professor Ruddar Datt analysed the theme "public sector and Privatization. Analysing the major criticisms against the public sector, he maintained that whereas the private sector enterprises have only one objective "profit maximisation", the public sector enterprises have to cater to several social obligations and are not free to adjust their prices with an escalation in the costs. Although the Central Public Sector Undertaking showed a low rate of return in the seventies, bu the situation improved in the eighties, and gross rate of return since 1981-82 has ranged between 12 to 13 percent. Obviously, the situation in PSUs is turning from black to grey.
650			_aPublic sector
942			_cB _2ddc