joint sector
DESCRIPTION
joint sectorTRANSCRIPT
AbhishekZain KhanIrfanSinchanaSumaiya
Joint Sector.
Business Man(25%)
Government(26%)
Public (49%)
Joint Sector.
Foreign Investors(20%)
Business Man(20%)
Government(25%)
Public (35%)
Definition :-
According to Dutt committee, “ J.S.O. includes units in which both public & private investments take place & where the state takes active part in direction & control.”
Characteristics :-
1) Mixed Ownership.
2) Control by Government.
3) Huge Capital.
Advantages :- It controls Monopoly.It accelerates the Industrial
Growth.They operate in the Interest of
Society. Mobilization of resources is
Easy.They enjoy the benefit of
Professional management.
Under the control of Government.
There would be lethargic Nature. The Management of the
Organization may be Politicked. The directors show lack of
Intesrest.
Some Examples of Joint Sectors :
Maruti Udyog Ltd.
Cochin Refinery Ltd.
Goa Carbon Ltd.The Bharat Petroleum Corporation Ltd.
Indian Rare Earths Ltd.