PDF chapter test TRY NOW
Categories of Public Sector:
The Public Sector in India is broadly divided into nine categories. The different types of Public sector industries and their method of operations are discussed below.
Categories | Public sector industries | Examples |
| Category \(1\) | Public Sector establishments that are obliged to deliver goods that are essential (Primary goods) for the development of the economy. | Airlines, Ships and harbour, Railways. |
| Category \(2\) | Public Sectors that are capable of extending their say over “Commanding departments of the economy”. | Coal Mines, Defence Production, Oil. |
| Category \(3\) | Capital Intensive Public Sectors which can generate lakhs of employment in the economy. | Mining, Fertilizer, Steel, Heavy Industries |
| Category \(4\) | Industries that use a high amount of technical devices owned by the Private sector. | Nuclear stations, Atomic energy research. |
| Category \(5\) | Public sectors that are completely owned and controlled by the Government. The private sector is not allowed within these sectors. | Defence Sector, Railways, Nuclear research. |
| Category \(6\) | Public Sectors which serves the needs of the customers, most essential services. | Pharma companies (Drugs and Medicines), Hotels etc. |
| Category \(7\) | PSU’s that are established to lend a helping hand to the sick units. Sometimes mergers also take place. | Banks, Textiles. |
| Category \(8\) | Trade based corporations which are set up as public sector units. | MMTC, Power trading corporation (PTC). |
| Category \(9\) | Consultancy and Engineering based Public Sector companies and their merger companies. | MECON, WAPCOS, Telecommunication consultants India (TCI) |
Register for free to see more content