Question

Visit a large industrial enterprise owned and managed by the Central or State government. Meet its General manager to find out its form of organisation, its major objectives and its role in the country’s or state’s development. Is the enterprise facing any criticism from the local community?

Answer 1

Form of Organisation:

• Government-owned enterprise (examples: Departmental Undertaking, Statutory Corporation,
• At least 51% ownership with Central or State Government.
• Example: Steel Authority of India Limited (SAIL) is a Government Company.

Major Objectives:

• Provide essential goods and services at fair prices.
• Promote balanced regional development by setting up industries in backward areas.
• Generate large-scale employment opportunities.
• Ensure proper utilisation of natural resources.
• Support other industries (e.g., steel for railways, defence, construction).
• Earn foreign exchange through exports.

Role in Country/State Development:

• Contributes to GDP and industrial output.
• Strengthens infrastructure (roads, railways, power plants).
• Encourages industrialisation in less-developed states.
• Provides a livelihood to thousands of workers.
• Promotes self-reliance by reducing dependence on imports.

Criticism from Local Community:

• Pollution: Industrial smoke, dust, and waste harm air and water.
• Displacement: People were forced to move when land was acquired, sometimes without appropriate compensation.
• Inefficiency: Bureaucratic delays, less competitive than private companies.
• Resource Usage: Heavy consumption of water, coal, and electricity, creating shortages for locals.