Public sector in India

Contents ‡What is public sector? ‡Scope of public sector ‡Public sector undertakings (PSU) ‡Objectives ‡Present situation ‡Case study on : Food corporation of india Introduction Objectives Quality policy Quality objectives Corporate setup Organisation chart .

The public sector.What is public sector? It includes all activities or institutions funded out of the government·s budget at center or states. sometimes referred to as the state sector is a part of the state that deals with either the production. whether national. regional or local/municipal. delivery and allocation of goods and services by and for the government or its citizens. .

post.other departmental undertakings ‡Banking .financial services .Scope of public sector ‡Government departments and government companies both in central and state sectors ‡Irrigation and power projects ‡Railways .insurance. telegraphs.

Public sector undertakings Deparmental undertakings Joint stock companies Statutory corporations ‡Railways (registered under companies act) ‡Air india ‡Posts ‡Hindustan machine tools ‡Damodar valley corporations ‡telegraphs ‡Steel authority of india ‡Food corporation of india .

telegraphs) Joint stock companies undertakings under companies act(hindustan machine corporation of india) .Public sector undertakings ‡ ‡ ‡ Departmental undertaking: (railways.steel authority of india ltd) Statutory corporations(air india.

Creation of employment. Export promotion and import substitution. .objectives ‡ ‡ ‡ ‡ ‡ Rapid economic development through infrastructure development. Balanced regional growth. Encouragement of Small scale and ancillary sector.

Political interference and bureaucratization. Lack of sensitivity to consumer problems. Lack of professionalism . Operational inefficiency.Present situation ‡ ‡ ‡ ‡ ‡ ‡ Conflict between financial and social objectives. Low ROI.

. ‡ Distribution of foodgrains throughout the country for public distribution system . and ‡ Maintaining satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security. FCI has played a significant role in India's success in transforming the crisis management oriented food security into a stable security system. In its 45 years of service to the nation . in order to fulfill following objectives of the Food Policy : ‡ Effective price support operations for safeguarding the interests of the farmers.Case study: Food corporation of india The Food Corporation of India was setup under the Food Corporation Act 1964.

OBJECTIVES ‡ ‡ ‡ ‡ To provide farmers remunerative prices To make food grains available at reasonable prices. particularly to vulnerable section of the society To maintain buffer stocks as measure of Food Security To intervene in market for price stabilization .

for efficient and effective food security management in the country. as the country·s nodal organization for implementing the National Food Policy.Quality policy ‡ ‡ ‡ ‡ ‡ ‡ FCI. is committed to provide credible. Our focus shall be: Professional excellence in Management of food grain and other commodities Service quality and stake holder orientation Transparency and accountability in transactions Optimum utilization of resources Continual improvement of systems. processes and resources . customer focused services.

performance and minimization of all losses & Wastes Need based up gradation of infrastructure and work environment Need based enhancement of available knowledge & skills. Monitoring of Quality in all major transactions. responsiveness.QUALITY OBJECTIVES ‡ ‡ ‡ ‡ ‡ Fulfillment of all the targets set as per Govt. processes leading to improved customer satisfaction level Accountability for efficiency. . of India Food Policy from time to time.

DEALING WITH : ‡ (i) FOOD (ii) FINANCE (iii) CO-OPERATION.CORPORATE SETUP ‡ ‡ ‡ ‡ ‡ ‡ ‡ The General Superintendence. REPRESENTATIVES : THREE DIRECTORS TO REPRESENT RESPECTIVELY THE MINISTRIES OF THE CENTRAL GOVT. and SIX OTHER DIRECTORS(out of which four(4) are nonofficial Directors) . CENTRAL WAREHOUSING CORPORATION (EX) GOVT. Directions and Management of the affairs and business of the Corporation vests with the Board of Directors Board of Directors as per section 7(1) of the Food Corporation Act shall be : CHAIRMAN MANAGING DIRECTOR MD.

CAP) [ 1451]With 1646 offices. FCI is one of the largest networked organizations in India .ORGANIZATIONAL CHART ‡ ‡ ‡ ‡ ‡ Corporate Office Zonal Offices [ 5 ] Regional Offices [ 23 ] District Offices [ 166 ] Depots (incl.

Sign up to vote on this title
UsefulNot useful