Make a list of public sector enterprises of India and understand their problems.
Here are some public sector enterprises in India:
● National Thermal Power Corporation (NTPC)
● Oil and Natural Gas Corporation (ONGC)
● Steel Authority of India Limited (SAIL)
● Bharat Heavy Electricals Limited (BHEL)
● Indian Oil Corporation Limited (IOCL)
● Coal India Limited (CIL)
● Gas Authority of India Limited (GAIL)
Following are the problems faced by them:
a. Competition from private enterprise
b. Obsolete Technology
c. Low profit
d. Low capital availability
e. Bureaucratic obstacles.
f. Red-tapism.
g. Corruption
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