ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Public, Joint and Private Sectors in Indian Industry-Evaluating Relative Performance Differences

in Indian Industry Evaluating Relative Performance Differences Sumit K Majumdar In this paper the author evaluates relative performance differences between the government-owned, joint sector and private sectors of Indian industry. Comparative efficiency parameters are estimated for the period 1973-74 to 1988-89 using data generated by the Annual Survey of Industries (ASl) which relate to the organised sector of manufacturing industry. The results establish that, in aggregate, enterprises owned by the central government and the governments of various states in India, while accounting for a major chunk of capital investment, are systematically only two-thirds as efficient as private sector enterprises, while joint sector enterprises are also less efficient than those in the private sector.

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