Closure of Central Public Sector Enterprises in India: a case study

Changing objective circumstances over time often warrant the closure of public sector enterprises that may have originally been established due to compelling public purposes. Many public enterprises lose their relevance and public purpose, become chronically loss making and are a recurring drain on public resources. Yet it has been found to be extremely difficult to actually close down any such enterprise due to a host of institutional constraints unique to the public sector. Closing down a public enterprise is difficult but not impossible, given the will and sincere execution. It has been done in India. While the practicalities have to be worked out, closure of any entity needs to be implemented sensitively given the human dimensions involved. This paper brings out a case study of the experience in implementing the closure of five public sector enterprises in India during the period 2014-16.

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The Evolution of Privatization in Turkey: The Institutional Context of Public-Enterprise Reform

International Journal of Middle East Studies ◽

10.1017/s0020743800056026 ◽

1991 ◽

Vol 23 (2) ◽

pp. 163-176 ◽

Cited By ~ 14

Author(s):

Ziya Üniş

Keyword(s):

Public Policy ◽

Public Sector ◽

Institutional Context ◽

Public Enterprise ◽

Public Enterprises ◽

Stages Of Development ◽

Economic Management ◽

Enterprise Reform ◽

The Public

In the 1980s public policy shifted sharply in favor of market-based solutions, in contrast to the previously dominant “Keynesian” approach to economic management. A number of countries, irrespective of their regimes or stages of development, are currently implementing programs designed to reduce the size and scope of the public sector and strengthen the market. The privatization of public enterprises constitutes a key element in such a strategy.1 Yet hitherto, the extent of privatization—the number of enterprises involved as well as the scale of divestiture—has been extremely limited, especially considering the amount of rhetoric the idea has generated. In addition, the vigor with which privatization policies have been pursued also shows considerable variation among countries. These “stylized facts” of privatization clearly merit an explanation.2 Here I will look for that explanation by using the Turkish experience with privatization between 1980 and 1989 as a case study.

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Conflict dissolution in the public sector: A case-study

European Journal of Operational Research ◽

10.1016/s0377-2217(00)00037-0 ◽

2001 ◽

Vol 130 (2) ◽

pp. 388-401 ◽

Cited By ~ 38

Author(s):

Carlos A. Bana e Costa ◽

Fernando Nunes da Silva ◽

Jean-Claude Vansnick

Keyword(s):

Public Sector ◽

The Public

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Grey Clustering Evaluation for the Cooperation Efficiency of PPP Project: Taking Beijing Metro Line 4 as an Example

Mathematical Problems in Engineering ◽

10.1155/2019/8232731 ◽

2019 ◽

Vol 2019 ◽

pp. 1-13 ◽

Cited By ~ 2

Author(s):

Hui Sun ◽

Yingzi Liang ◽

Yuning Wang

Keyword(s):

Public Sector ◽

Private Sector ◽

Evaluation Model ◽

Evaluation Index System ◽

The Public ◽

Clustering Model ◽

Grey Clustering ◽

Public Products ◽

Infrastructure Project

PPP model is an important model which provides public products or services based on the coordination between the public sector and private sector. The implementation of PPP model is helpful for relieving the stress of insufficient funding for public sector and improving the efficiency of resource allocation. Comparing with traditional infrastructure project, PPP project involves many stakeholders, and the cooperation efficiency during the different stakeholders impacts the results of the project directly. Thus, it is important to explore the cooperation efficiency of PPP project. Based on grey clustering model, this paper evaluates the cooperation efficiency of PPP project. An evaluation index system including 36 indexes is established based on the aims and objectives of three stakeholders (public sector, private sector, and passengers). A case study of Beijing Metro Line 4 PPP project is implemented to verify the validity and applicability of the evaluation model. And the results showed that the cooperation efficiency of Beijing Metro Line 4 PPP project is relatively high. The model also provided insights into the shortage of the cooperation efficiency of Beijing Metro Line 4 PPP project. As such, the results can assist all stakeholders in adjusting the cooperation efficiency.

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