Vol. 4, Issue 6, Part A (2018)

The Public Sector Units (PSUs) have made tremendous contributions to the development of the country at a time when the private sector was almost in infancy. In the last two decades, private sector units have tried to march forward and they are getting success in their operations. In India, Introduction of Liberalisation, Privatisation and Globalisation (LPG) has given private sector units a broader framework for their operations.