CENTRAL PUBLIC SECTOR UNDERTAKINGS: AN OVERVIEW OF PERFORMANCE

The Central Public Sector Enterprises (CPSEs) provide a substantial contribution to the Indian economy. The CPSEs have been established with the goal of obtaining control of the nation's commanding heights and supporting essential development in terms of social gains, strategic value, and resources.This paper is an attempt to analyze the overall growth of eight core CPSE’s. It attempts to give an overview on the performance of 8 core industries and their functions. The objective of the paper  is to deeply analyze the functions performed by these eight core industries, and how they've changed over the last five years. It also examines their impact to the nation's progress. The Index of Eight Core Industries (ICI) tracks monthly output growth in eight core industries, including coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity. The overall weight of these eight industries in the Index of Industrial Production is roughly 40.27 percent (IIP).

               

KEYWORDS: Central Public Sector Enterprises, Social Gains, Strategic Value.


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