Arbeitspapier
Reform and privatization of state-owned enterprises in India
The economic reforms in India are notable because of the development of private enterprises that are free from functionary management. In this country, the public sector needs renovation, since it makes a crucial contribution to national investment and growth. This article therefore, aims to analyze partial privatization, and restructuring of India's state-owned enterprises (SOEs), which need more dynamic shaping. Central government SOEs have fostered their profitability, investments and growth since India transferred to market-based prices and incentives with better contract enforcement. In the manufacturing sector, the profitability and efficiency of SOEs are superior to those of private enterprises. However, the performance of SOEs in services is poorer than that of their counterparts. Finally, the study recommends policies to improve the performance of SOEs in India.
- Sprache
-
Englisch
- Erschienen in
-
Series: ADBI Working Paper Series ; No. 1057
- Klassifikation
-
Wirtschaft
Institutions and Growth
- Thema
-
India
state-owned enterprises
economic reforms
privatization
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kim, Kunmin
Panchanatham, N.
- Ereignis
-
Veröffentlichung
- (wer)
-
Asian Development Bank Institute (ADBI)
- (wo)
-
Tokyo
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kim, Kunmin
- Panchanatham, N.
- Asian Development Bank Institute (ADBI)
Entstanden
- 2019
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