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Updated in [July 19th, 2023]

The Ultimate Guide to Private and Public Sector is a course designed to provide an overview of the differences between the two sectors. It will cover topics such as what is meant by private sector, from where private entities can raise funds, why private companies are formed, the various forms of business organizations in the private sector, what is meant by public sector, how much stake the government holds in public sector companies, who is the owner of public sector entities, the two types of public sector organizations, the main aim of public sector, the importance of public sector, how the public sector has played a key role in regional balance, how the public sector prevents the concentration of wealth and economic power in the hands of few industrial houses, whether the performance of public sector unit can be judged in terms of criteria used to judge the performance of private sector enterprises, the role of public sector has changed over time, the various challenges faced by the public sector, from where the public sector gets funds, the policy of Govt. of India towards the public sector since 1991, the meaning and benefit of disinvestment of shares of Public Sector enterprises, the misconceptions about public sector, steps to improve the performance of public sector, the difference between Private Sector and Public Sector, the basis of promotion in the case of private sector employees and public sector employees, why public sector is less efficient as compared to private sector, and why there is government interference in public sector organizations. Through this course, students will gain a better understanding of the differences between the private and public sectors and the implications of these differences.

Course Syllabus

Introduction

Private Sector

Public Sector - Meaning, Types and Importance

Public Sector - Changing role, Funding and Challenges

Public sector - Misconceptions, Improvement and Private vs. Public sector