Public Enterprises Essay Example for Free

Public Enterprises Essay What are the Objectives of Public Enterprises? SOUMYA SINGH In India, public enterprises have been assigned the task of realising the objectives laid down in the Directive Principles of State Policy. Public sector as a whole seeks: (a) to gain control of the commanding heights of the economy, (b) to promote critical development in terms of social gain or strategic value rather than on consideration of profit, and (c) to provide commercial surplus with which to finance further economic development. The main objectives of public enterprises in India are as follows: 1. Economic development: Public enterprises were set up to accelerate the rate of economic growth in a planned manner. These enterprises have created a sound industrial base for rapid industrialisation of the country. They are expected to provide infrastructure facilities for promoting balanced and diversified economic structure of development. 2. Self-reliance: Another aim of public enterprises is to promote self-reliance in strategic sectors of the national economy. For this purpose, public enterprises have been set up in transportation, communication, energy, petro-chemicals, and other key and basic industries. . Development of backward Areas: Several public enterprises were established in backward areas to reduce regional imbalances in development. Balanced development of different parts of the country is necessary for social as well as strategic reasons. 4. Employment generation: Unemployment has become a serious problem in India. Public enterprises seek to offer gainful employment to millions. In order to protect jobs, several sick units in the private sector have been nationalised. 5. Economic surplus: Public enterprises seek to generate and mobilise surplus for reinvestment. These enterprises earn money and mobilise public savings for industrial development. 6. Egalitarian society: An important objective of public enterprises is to prevent concentration of economic power and growth of private monopolies. Public sector helps the Government to enforce social control on trade and industry for ensuring equitable distribution of goods and services. Public enterprises protect and promote small scale industries. 7. Consumer welfare: Public enterprises seek to protect consumers from exploitation and profiteering by ensuring supply of essential commodities at cheaper prices. They aim at stabilising prices. 8. Public utilities: Private sector is guided by profit motive. Therefore, it is reluctant to invest money in public utility services like water supply, gas, electricity, public transport. Therefore, the Government has to assume responsibility for providing such services. 9. Defence: Government has to set up public enterprises for production of defence equipment. Supply of such equipment cannot be entrusted for private sector due to the need for utmost secrecy. 10. Labour welfare: Public enterprises serve as model employers. They ensure welfare and social security of employees. Many public enterprises have developed townships, schools, college and hospitals for their workers. Role and Rationale of Public Enterprises The public sector has been playing a vital role in the economic development of the country. In fact the public sector has come to occupy such an important place in our economy that on its effective performance depends largely the achievement of the countrys economic and social goals. Public sector is considered a powerful engine of economic development and an important instrument of self-reliance. The main contributions of public enterprises to the countrys economy may be described as follows: 1. Filling of gaps: At the time of independence, there existed serious gaps in the industrial structure of the country, particularly in the field of heavy industries. Basic and key industries require huge capital investment, involve considerable risk and suffer from long gestation periods. Private sector concerns do not come forward to establish such industries. Public sector has helped to fill up these gaps. The basic infrastructure required for rapid industrialisation has been built up, through the production of strategic capital goods. The public sector has considerably widened the industrial base of the country and speeded up the pace of industrialisation. 2. Employment: Public sector has created millions of jobs to tackle the unemployment problem in the country. Public sector accounts for about two-third of the total employment in the organised industrial sector in India. By taking over many sick units, the public sector has protected the employment of millions. Public sector has also contributed a lot towards the improvement of working and living conditions of workers by serving as a model employer. 3. Balanced regional development: Private industries tend to concentrate in certain regions while other regions remain backward. Public sector undertakings have located their plants in backward and untraded parts of the country. These areas lacked basic industrial and civic facilities like electricity, water supply, township and manpower. Public enterprises have developed these facilities thereby bringing about complete transformation in the social-economic life of the people in these regions. Steel plants of Bhilai, Rourkela and Durgapur; fertilizer factory at Sindri, machine tool plants in Rajasthan, precision instruments plants in Kerala and Rajasthan, etc. are a few examples of the development of backward regions by the public sector. 4. Optimum utilisation of resources: Public enterprises make better utilisation of scarce resources of the country. They are big in size and able to enjoy the benefits of large scale operations. They help to eliminate wasteful completion and ensure full use of installed capacity. Op timum utilisation of resources results in better and cheaper production. 5. Mobilisation of surplus: The profits earned by public enterprises are reinvested for expansion and diversification. Moreover, public sector concerns like banks and financial nstitutions mobilise scattered public savings thereby helping the process of capital formation in the country. Public enterprises earn considerable foreign exchange through exports. 6. Self reliance: Public enterprises have reduced considerably the need for imports by producing new and better products within the country. These enterprises are also earning considerable amount of foreign exchange through exports. 7. Socialistic pattern of society: Public sector is an instrument for realising social objectives. Public enterprises help to check concentration of wealth and private monopolies. These enterprises can serve as powerful means of economic and social change. 8. Public welfare: Public enterprises help in the establishment of a welfare state in the country. These enterprises supply essential commodities at cheaper rates. A proper balance between demand and supply is created to protect consumers against exploitation by profit hungry businessmen. Public enterprises also protect and promote the interests of workers. Criticism of Public Enterprises [Arguments against Public Enterprises] Public enterprises are opposed on account of weaknesses in their organisation and working. These enterprises generally suffer from the following problems: 1. Delay in completion: Often a very long time is taken in the establishment and completion of public enterprises. Delay in completion leads to increase in the cost of establishment and benefits extracted from them are delayed. 2. Faulty evaluation: Public enterprises are in some cases set upon political considerations. There is no proper evaluation of demand and supply and expected costs and benefits. There are no clear cut objectives and guidelines. In the absence of proper project planning there is under- utilisation of capacity and wastage of national resources. . Heavy overhead costs: Public enterprises often spend huge amounts on providing housing and other amenities to employees. Though such investment is useful for employees but it takes away a large part of capital and the project suffers from financial difficulties. 4. Poor returns: Majority of the public enterprises in India are incurring loss. In some of them the profits earned do not yield a reasonable return on huge investment. Lack of effective financial controls, wasteful expenditure and dogmatic pricing policy result in losses 5. Inefficient management: Due to excessive centralisation of authority and lack of motivation public enterprises are managed inefficiently. High level posts are often occupied by persons lacking necessary expertise but enjoying political support. 6. Political interference: There is frequent interference from politicians and civil servants in the working of public enterprises. Such interference leaves little scope for initiative and freedom of action. Public enterprises enjoy little autonomy and flexibility of operations. 7. Labour problems: In the absence of proper manpower planning public enterprises suffer from over-staffing. Jobs are created to fulfil employment goals of the Government. Guarantee of job in these enterprises encourages trade unions to be militant in pursuing their aims. Growth of Public Enterprises in India At the time of independence, public sector in India was confined mainly to railways, communications, defence production and public utility services. Since then the growth of public enterprises has been very rapid. Now public sector consists of public utilities (e. g. , railways, post and telegraph, etc), manufacturing concerns (e. g. , BHEL, SAIL, etc. ), trading organisations (e. g. STC, MMTC, etc. ), service organisations (e. g. , NIDC, RITES, etc. ). SAIL, a Maharatna Company of Govt. of India, is the worlds leading and Indias largest steel producer with an annual turnover of around Rs. 50,348 crore (FY11-12). It operates and owns 5 integrated steel plants at Rourkela, Bhilai, Durgapur, Bokaro and Burnpur and 3 special steel plants at Salem, Durgapur and Bhadravati. As part of its g lobal ambition the Company is implementing a massive expansion plan involving project work of building/adding new facilites with emphasis on state of the art green technology. List of Maharatna, Navratna and Miniratna CPSEs As per available information (as on February, 2013) Maharatna CPSEs Bharat Heavy Electricals Limited Coal India Limited GAIL (India) Limited Indian Oil Corporation Limited NTPC Limited Oil amp; Natural Gas Corporation Limited Steel Authority of India Limited Navratna CPSEs Bharat Electronics Limited Bharat Petroleum Corporation Limited Hindustan Aeronautics Limited Hindustan Petroleum Corporation Limited Mahanagar Telephone Nigam Limited National Aluminium Company Limited NMDC Limited Neyveli Lignite Corporation Limited Oil India Limited Power Finance Corporation Limited Power Grid Corporation of India Limited Rashtriya Ispat Nigam Limited Rural Electrification Corporation Limited Shipping Corporation of India Limited Miniratna Category I CPSEs Airports Authority of India Antrix Corporation Limited Balmer Lawrie amp; Co. Limited Bharat Dynamics Limited BEML Limited Bharat Sanchar Nigam Limited Bridge amp; Roof Company (India) Limited Central Warehousing Corporation Central Coalfields Limited Chennai Petroleum Corporation Limited Cochin Shipyard Limited Container Corporation of India Limited Dredging Corporation of India Limited Engineers India Limited Ennore Port Limited Garden Reach Shipbuilders amp; Engineers Limited Goa Shipyard Limited Hindustan Copper Limited HLL Lifecare Limited Hindustan Newsprint Limited Hindustan Paper Corporation Limited Housing amp; Urban Development Corporation Limited India Tourism Development Corporation Limited Indian Railway Catering amp; Tourism Corporation Limited IRCON International Limited KIOCL Limited Mazagaon Dock Limited Mahanadi Coalfields Limited Manganese Ore (India) Limited Mangalore Refinery amp; Petrochemical Limited Mishra Dhatu Nigam Limited MMTC Limited MSTC Limited National Fertilizers Limited National Seeds Corporation Limited NHPC Limited Northern Coalfields Limited Numaligarh Refinery Limited ONGC Videsh Limited Pawan Hans Helicopters Limited Projects amp; Development India Limited Railtel Corporation of India Limited Rashtriya Chemicals amp; Fertilizers Limited RITES Limited SJVN Limited Security Printing and Minting Corporation of India Limited South Eastern Coalfields Limited State Trading Corporation of India Limited Telecommunications Consultants India Limited THDC India Limited Western Coalfields Limited WAPCOS Limited Miniratna Category-II CPSEs Bharat Pumps amp; Compressors Limited Broadcast Engineering Consultants (I) Limited Central Mine Planning amp; Design Institute Limited Ed. CIL (India) Limited Engineering Projects (India) Limited FCI Aravali Gypsum amp; Minerals India Limited Ferro Scrap Nigam Limited HMT (International) Limited HSCC (India) Limited India Trade Promotion Organisation Indian Medicines amp; Pharmaceuticals Corporation Limited M E C O N Limited National Film Development Corporation Limited National Small Industries Corporation Limited P E C Limited Rajasthan Electronics amp; Instruments Limited

A Non-Human Existence :: Analysis, Winston

Winston defines being human as having feelings, following sensory pleasures, and staying true to those two types of emotions because, â€Å"only feelings matter†(146). He also asserts that before the Party when people had individual relationships and â€Å"members of a family stood by one another† they were human (26). Winston’s deadened senses as well as his social disconnection, and the lack of import in his daily life after he leaves the Ministry of Love indicate that he has not achieved his goal of staying human. Winston is very desensitized after he leaves the Ministry of Love, making him inhuman. In the Chestnut Tree Cafà © Winston â€Å"took up his glass and sniffed it†(262). This action shows that he has lost the ability to be sensitive to smell. When Winston picks flowers for Julia, he notices â€Å"their faint sickly scent†, but when he sniffs his gin he doesn’t register any scent, he just â€Å"sniffed†(104, 262). Also Winston describes his gin as becoming â€Å"more horrible with every mouthful†(262). Although Winston registers and considers the taste of the gin, he doesn’t take pleasure in the taste, and doesn’t drink something he could enjoy more. One part of being human is following sensory pleasures and Winston is clearly not basing his meals or actions on pleasure. Also, Winston’s extreme social disconnection proves that he is no longer human. Winston reflects, â€Å"no one cared what he did any longer†(262). Before his time in the Ministry of Love, people surrounded Winston all day long. He was forced to wake, stretch and go to work. He ate, worked, and talked to others. But now, â€Å"no whistle woke him, no telescreen admonished him† so his life is completely without even these connections. For example, In the Chestnut Tree Cafà ©, Winston sits alone at a table where no one else will ever sit. Winston wishes for social connection, but can’t find it, as he is no longer human. So instead, Winston reaches out for the closest thing he can when â€Å"as though for reassurance he looked up at the imperturbable face†(263). Some people may say that this action shows that Winston is still human because he is looking and longing for social connection. However, during work when Winston is faced with the chance to co nnect with other people, he and the others instead end up â€Å"looking at one another with extinct eyes†(263). Winston cannot connect to anyone else, through telescreens, work, or even just everyday life. A Non-Human Existence :: Analysis, Winston Winston defines being human as having feelings, following sensory pleasures, and staying true to those two types of emotions because, â€Å"only feelings matter†(146). He also asserts that before the Party when people had individual relationships and â€Å"members of a family stood by one another† they were human (26). Winston’s deadened senses as well as his social disconnection, and the lack of import in his daily life after he leaves the Ministry of Love indicate that he has not achieved his goal of staying human. Winston is very desensitized after he leaves the Ministry of Love, making him inhuman. In the Chestnut Tree Cafà © Winston â€Å"took up his glass and sniffed it†(262). This action shows that he has lost the ability to be sensitive to smell. When Winston picks flowers for Julia, he notices â€Å"their faint sickly scent†, but when he sniffs his gin he doesn’t register any scent, he just â€Å"sniffed†(104, 262). Also Winston describes his gin as becoming â€Å"more horrible with every mouthful†(262). Although Winston registers and considers the taste of the gin, he doesn’t take pleasure in the taste, and doesn’t drink something he could enjoy more. One part of being human is following sensory pleasures and Winston is clearly not basing his meals or actions on pleasure. Also, Winston’s extreme social disconnection proves that he is no longer human. Winston reflects, â€Å"no one cared what he did any longer†(262). Before his time in the Ministry of Love, people surrounded Winston all day long. He was forced to wake, stretch and go to work. He ate, worked, and talked to others. But now, â€Å"no whistle woke him, no telescreen admonished him† so his life is completely without even these connections. For example, In the Chestnut Tree Cafà ©, Winston sits alone at a table where no one else will ever sit. Winston wishes for social connection, but can’t find it, as he is no longer human. So instead, Winston reaches out for the closest thing he can when â€Å"as though for reassurance he looked up at the imperturbable face†(263). Some people may say that this action shows that Winston is still human because he is looking and longing for social connection. However, during work when Winston is faced with the chance to co nnect with other people, he and the others instead end up â€Å"looking at one another with extinct eyes†(263). Winston cannot connect to anyone else, through telescreens, work, or even just everyday life.

My High School Experience Essay

Everyone has heard or been told, â€Å"high school is what you make of it.† High school is in fact what you make of it, but it is also the time of great change in everybody. They say HIGH SCHOOL is the best part of growing up and being a teenager. It is where we can experience things, which we thought we can never make or do. It is where we discover and learn things in our own and it is where we learn to become independent. In my four years of studying here, I discovered that there is more to life than what we had imagined. I am able to learn many things based on what my teachers had taught me and based on my own experiences. I am able to know and to be acquainted with myself more and I am able to distinguish my capabilities and talents. I am able to gain friends and I am able to socialize and mingle more with the people around me. High School to me seemed like it passed by really fast, almost too fast sometimes. I learned many valuable life lessons as well as made lifelong friends. I learned the value of hard work, dedication, and also how to tell your real friends from the others. It was tough but overall a great experience that I will soon miss. Since being a freshman, I have changed in a major way. Coming into high school I was a shy, unmotivated young man that didn’t really know what he was getting into. I am leaving high school a man who is mature, outgoing, and very sure of himself. If high school has taught me anything, it is that you should always have confidence in yourself. If you believe in yourself and you believe that you can achieve anything you want in life, good things will happen to you. Knowing that I am graduating high school and never coming back hasn’t really hit me yet. These four years has been an overall life changing experience that I will never forget.

The Advantages And Disadvantages Of Cell Phone And Social...

Introduction Facebook, Instagram, Snapchat, Twitter, you name it. These are all social media that most of us have or at least have one. As technology keeps getting more advanced, the riskier it is to pose a danger to others. It is everywhere, especially the popularity of social media has become a widespread in healthcare. Cellphones have become a necessity in healthcare. They are used as a way to communicate each other, access to medical information or check drug information (Attri, 2016). Dinh (2011) indicated that this social media trend will eventually be used by most people in healthcare field. Although sharing someone’s information or perhaps taking a photograph of a celebrity patient during work, there are ways†¦show more content†¦Hospitals or other health care facilities have emphasized that cellphones are not allowed during work hours; however employees still don’t abide the rules. Possible scenario ending and recommendations The scenario ends with a big investigation being conducted at work due to HIPAA violation and that it involved a celebrity who had been admitted to the hospital. This investigation couldn’t have happened if the nurse did not take a picture and took Jerod’s information in the first place. That time when Jerod got admitted, he should have been treated with dignity like any other patient in the hospital. The nurse got too excited and wanted to brag about having a celebrity as her patient. The nurse has violated HIPAA regulations especially when Jerod has remained unconscious. Her phone should have been kept away while doing patient care. The employer should have been responsible for her actions. Someone must have taken her phone and sold the photos to the Gossip Gazette. Knowing that the photo sent to her best friend was safe, that photo should have been deleted right away. 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