However, the Act has laid down certain specific rules, which are meant only for Government companies. Public Sector Undertakings in India. India's second five year plan (1956–60) and the Industrial Policy Resolution of 1956 emphasised the development of public sector enterprises to meet Nehru's national industrialisation policy. The central government also considered, but did not seriously pursue, measures to push more public sector responsibilities onto state and local governments. economics. the growth of the state sector in the economy. This article is written by Richa Goel of Banasthali Vidyapith in which she had discussed the protection of rights of the unorganised sector, definitions of unorganised workers, problems faced by them and various social security schemes.. As an unorganised worker play a pivotal role in society, so they need special attention. Definition: The transfer of ownership, property or business from the government to the private sector is termed privatization. The mode of governing; the system of polity in a state; the established form of law. As on 31.3.2015 there were 298 CPSEs wherein, 63 enterprises are yet to commence commercial operation. Ind Govt Jobs Website excursively provide Latest Clerical Cadre (Clerk) Govt Jobs 2020 and Upcoming Clerk Jobs 2020-21 List for Fresh Graduates and 10+2 Passed Job Seekers in this page. Importance of the public sector The Government is fully aware of the fact that Slovakia needs a proper public sector as a product of the state’s public policy, which provides high-quality and well-functioning educational, healthcare and social security systems through the effective management and use … Definition of 'the state sector'. The act of governing; the exercise of authority; the administration of laws; control; direction; regulation; as, civil, church, or family government. The government-owned corporations are termed as Public Sector Undertakings (PSUs) in India. The Tamil Nadu government has allotted 3.5% of seats each to Muslims and Christians, thereby altering the OBC reservation to 23% from 30% (since it excludes persons belonging to Other Backward Castes who are either Muslims or Christians). 3. Tamil Nadu government is going to start a new Two Wheeler Subsidy Scheme for Ulemas. In a PSU majority (51% or more) of the paid up share capital is held by central government or by any state government or partly by the central governments and partly by one or more state governments.