Question

Explain the organs of public sector.

Answer 1

• Administration by a Government Department:

1. It is very common almost in all countries.
2. Example - Post and Telegraph, Railways, Port Trust, Irrigation Projects on India, etc.,

• The Joint sector companies:

1. It is governed by company law and controlled by the Government as principal major shareholders.
2. Example – Indian Oil Personas Pvt Ltd, Indian Oil Sky tanking Limited. Ratting Gas and Power Private Limited Indian Synthetic Rubber Limited.

• Public Corporation:

1. This type of organization is the establishment of the public corporations by the state of the parliament of the legislature.
2. Example – LIC, Air India, The Reserve bank of India, Electricity Board.