WELCOME

SHREE SHIV CHHATRAPATI COLLEGE JUNNAR

BACHELOR OF BUSINESS ADMINISTRATION
CLASS:- TYBBA
SEMESTER:- 5th
SUBJECT:- CSR
PRESENTED BY:- RAVIRAJ DEVANAND CHALAK
SUBJECT TEACHER:- Mr.VIVEK GHANGALE SIR.
 PUBLIC SECTOR

• At times, the publie sector is called state sector, "upplyt advision of the seas Ah itm handiles the
processes, such as production, subie and allotment of the products and services to the
government sector or public at regional, national de prodi levels. Provision of social security,
urban planning and national defende come under the public sector. The government at local, state
and central lever handles the public sector. Sometime, public sector shakes hand with the private
sector for generating or delivering particular good and services for the society or government.
However, their association has variations for different countries, states, provinces and states.
Their association is generally seen in the sectors, such as, management of waste, water
management, social security, healthcare and provision of shelter for the poor and homeless
section of the society.
• According to A.H. Hanson, "Public enterprises mean state ownership and
operation of industrial, agricultural, financial, and commercial undertakings".In
order to offer better services, sometimes, public service providers or public
enterprises become private in terms of ownership and management of the
enterprises. This is termed as 'privatisation'. The last few years have witnessed
abundant privatisation of various public service providers around the globe. In
rare cases, private service providers may become public in nature.For example,
lot of healthcare services initially offered by private enterprises are now
practiced by public enterprises.
 FEATURES OF PUBLIC SECTOR

• Following are the main features of public sector:

• 1) State Ownership: Public sectors are owned and managed under the control
of government. Their possession can be in the hands of State, Central or local
government; or it can be owned by any division of the State.
• 2) State Control: The responsibility of controlling the working of public
sectors lies under the control of government. Various agencies and techniques are
involved in managing, and controlling affairs of such government-owned
enterprises.
3.Responsiblity towards Public: Government is elected by the people through
a democratic process. It has certain rights, responsibilities, and powers which are
directly accountable to the people and their representatives. Government-owned
enterprises generally use funds collected from public (usually in the form of bank
savings and investments) and hence, directly or indirectly, the government owns
responsibility to serve public.
• 4)Independent: Public sector under certaincircumstances,operates with the
highest level of independence.It can freely conduct all its operations and
management without involving any interference from other bodies.
• Coverage: The public sector enterprise covers a brond range of activities and
involves almost all areas of the economy. It is difficult tp find any area which
does not come under the coverage of public sector.
• Provision of Service: The primary modie of public sector enterprise is not
profit generation, but to provide products and services to the public in the most
competent manner. Publie sector emphasises upon providing services to the
public which would help in improving and maintaning ther living standards and
wellbeing.
• Re-Allocation of Resources: Funds are re-allocated as per the set goals.
economic growth and socialisation; yet the primary goal of such re-locaion is to
provide services to the public.
• 8) Development of Policies: Similar to a normal business which adopts
strategic planning, public sector also aims at developing policies and guidelines
for resolving existing and upcoming problems. Some of these policies, such as
fiscal and monetary policies and foreign affairs, wil transcend the service
provision and/or resource re-allocation orientation of most government activities.
• 9) Non-Exchangeable Transactions: Non-exchangeable dealings arise from
rights, authorities and liabilities of public enterprises (such as, fines, taxes,
duties, penalties, duties licence fees, regulatory fees and social
advantages).These dealings are non-exchangeable and hence, people unwillingly
pay them; in contrast to the exchangeable dealings and donations. Mostly, the
revenues in the public sector are generated through non-exchangeable dealings.
THANK YOU