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Sunday, February 9, 2020 | History

4 edition of Price policy for public enterprises found in the catalog.

Price policy for public enterprises

D. K. Mittal

Price policy for public enterprises

  • 103 Want to read
  • 19 Currently reading

Published by Anmol Publications in New Delhi, India .
Written in English

    Places:
  • India.
    • Subjects:
    • Prices -- Government policy -- India.,
    • Government business enterprises -- India.

    • Edition Notes

      StatementD.K. Mittal.
      Classifications
      LC ClassificationsHB236.I4 M57 1988
      The Physical Object
      Paginationxviii, 303 p. :
      Number of Pages303
      ID Numbers
      Open LibraryOL2163963M
      ISBN 108170410770
      LC Control Number88901118
      OCLC/WorldCa18496817

      This surplus revenue, apart from inviting public protests, might also result in a demand for a rise in wages and bonus by workers in that unit of the PE. For e. This is shown in Fig. These have been considered in the book at some length.

      For instance, the users of a bridge flyover over the railway line can be identified, but it may be inconvenient to the taxing authority to collect the road tax and for the road users to pay the tax due to the time involved. In developing countries, people being poor with an extremely low per capital income, there is limited scope for both direct and indirect taxation. All the journals articles are available online to the readers all over the world without financial, legal, or technical barriers other than those inseparable from gaining access to the internet itself. The danger in following this principle is that since a margin over cost of production is permitted, this may breed inefficiency in the PEs leaving no incentive to increase efficiency and reduce cost of production. The complexity of pricing problem arises because of the fact that some PEs are industrial and commercial undertakings; some PEs are promotional and developmental; and some PEs provide basic and essential infrastructure facilities. The government does not interfere in their day to day functioning.

      All the journals articles are available online to the readers all over the world without financial, legal, or technical barriers other than those inseparable from gaining access to the internet itself. In other words, how much is to be covered in the price of the product and service to the consumers. What should be expected from pursuing a private sector led development strategy? Lewis supports this policy on the ground that it prevents over-expansion and under-expansion of PSEs and avoids inflationary and deflationary tendencies.


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Price policy for public enterprises book

Despite this effort by the government, there is still mixed feelings towards the issue of privatization. The PSE may- have a monopoly in a particular service, such as water or power supply and it may fix a price for it. The firm has every right to suggest a retail price, but no right to require it.

To promote labor welfare. When private sector pays a portion of its profits for general revenues, there is no reason why the public sector should be exempted from this. Related Posts. Nightingale, S. In case the price is higher or lower than the average cost ACthe output will not be of the optimum size because the enterprise will be earning either supernormal profits or incurring losses.

The main aim of every private enterprise is to earn profits. Another way is to charge a fixed annual rent from, say, the users of electricity and a further charge for the actual units consumed every month. To develop backward areas and ensure balanced regional development.

Why is it then that when industrialized countries are pushing for technological invention, African countries are busy expanding only the frontiers of corruption and povertyprone ventures? Changes in shareholders, management and employees do not affect the existence of public enterprises. This policy is discriminatory which is unfair and unjust.

When the loss of an enterprise is covered by general taxation, it is a subsidy which the users of a service or good get from the government. In cases where the product of a PSE is used as an input for production in the private sector a profit-price policy will adversely affect the development of the private industry.

Retrieved from: www. This is contrasted to the poorly performing parastatal organization whose life is extended by its access to cheap credit, subsidies, preferable treatment in the allocation of scarce resources such as foreign exchange and political and other non-economic pressures, which not only constitute a drain on the government resources, but also hinders the efficient allocation of scarce financial and human resources.

So far as the actual profit-price policy to be followed by a PSE is concerned, Dr. In support of his view, Prof. Related Articles:. Many other countries whose governments also intervened in their economies did not achieve similar results. In the case of public sector steel units, the Government has been following a dual pricing policy since 15th October, Share this:.

They are created by law and can be dissolved only by law. They are guided by social welfare motive. The thrust would be on producing products in which the country lacks the required technology or skills.

To expect the PEs to cover a reasonable rate of profit on this unnecessary heavy investment would only mean covering up inefficiency of the PEs. Calculation Problem: It is claimed that it is easy to calculate total costs and therefore, also the average cost of a commodity, whereas it is not always possible to accurately calculate marginal cost, and sometime it is even impossible to-do that.

Aboyade, O. Delayed decisions: Decisions are delayed due to red-tapism and bureaucratic procedures. This expectation however, does not extend to enterprises not privatized. Public enterprises can enter into contract in their own name.media statement by the ministry of public enterprises appointing a new transnet ceo.

21 january, media statement by the ministry of public enterprises. 16 january, eskom interim chair appointment. upcoming events. National Policy Framework Vistas of Prosperity and Splendour-() RESOURCE CENTER Procurement. Procurement Guidelines and Manuals; Standard Bidding Documents List of Public Enterprises.

The Agreements of Statement of Corporate Intent (SCI) CONTACT DETAILS. Room No. Public Enterprises Department / {{tableTitle}} {{lastUpdated}} search box. Filter Advanced Search {{atlasbowling.com}} Filter.

Acts Amendment {{atlasbowling.com}} No. NATIONAL POLICY FRAMEWORK VISTAS of Prosperity and Splendour. SRI LANKA At a Glance. COUNTRY Ranking. CIRCULARS, Gazettes and Acts. DATA AND Statistics. ECONOMIC Indicators. FEEDBACK.

The Pricing of Public Undertakings

In May,BPE was made a full-fledged Department known as the Department of Public Enterprises (DPE). Presently, it is part of the Ministry of Heavy Industries & Public Enterprises.

The Department of Public Enterprises is the nodal department for all the Central Public Sector Enterprises (CPSEs) and formulates policy pertaining to CPSEs. Apr 02,  · Privatization of Public Enterprises in Nigeria Mr. Okpe Innocent Ikechukwu Department of Accountancy, Enugu State University of Science and Technology, Enugu, Enugu State of.

Comparative study of public enterprise management in different countries around the world, pointing to historical trends and current issues and problems. Experts survey an interesting collection of countries in the Americas, Asia, the Middle/Near East, Europe, and Australia.

They also discuss public enterprise management education. References with each chapter contribute to the usefulness of.