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While this paper focuses on India, the framework for SOEs developed in this paper can be used to evaluate SOEs policy options in other countries. RECOMMENDED CITATION: Agarwal, R., Arbatli-Saxegaard, E., Fisher, L. and Xuehui, H., 2022, “India’s Satte-Owned Enterprises”, IMF Working Paper No. 22/165, July 2022. JEL Classification Numbers:
A state-owned enterprise (SOE) is a government entity which is established or nationalised by a national or provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price, implement government policies, and/or to deliver products ...
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Aug 26, 2022 · India’s State-Owned Enterprises: A Brief Overview. India’s central government-owned enterprises—also known as central public sector undertakings (CPSUs)—were mainly established from the mid-1950s to the mid-1980s, reflecting India’s state-led growth policy after independence and embedded in India’s first and second Industrial Policy Resolutions (IPRs) in 1948 and 1956, respectively.
- Ruchir Agarwal
Aug 26, 2022 · India’s recently announced privatization strategy can facilitate a change in the composition of the public sector balance sheet toward high-return public sector investments in infrastructure and human capital where there is a clear role for government, leaving commercially viable companies for the private sector. Against this background, this paper provides a description of the SOE sector in ...
State-owned enterprises (SOEs) influence the econ-omy and people’s lives through the provision of goods and services in ways that are distinct from, and more varied than, the direct action of governments.1 In many countries, SOEs provide basic services such as water, electricity, and transportation to people and firms, as well as loans to ...
Aug 1, 2022 · India’s State-Owned Enterprises. India’s recently announced privatization strategy can facilitate a change in the composition of the public sector balance sheet toward high-return public sector investments in infrastructure and human capital where there is a clear role for government, leaving commercially viable companies for the private ...
