Public Sector Enterprises (PSEs), as drivers of the Indian economy, are facilitated by government allegiance - in the form of favourable completion policies, sustainable development guidelines and the restructuring of sick PSEs - as well as constraints such as overbearing government control. The report traces the evolution and landscape of PSEs in India and their contribution to the Indian Economy. The role and scenario of state-owned enterprises (SoEs) akin to PSEs across other countries such as China, Singapore, South Africa, Indonesia and Ireland are also examined.
The CII-KPMG report was released during the Global PSE Summit organized by CII and the Department of Public Enterprises, Ministry of Heavy Industry and Public Enterprises, Government of India on 13-14 December, 2013 at New Delhi.