In India, PSEs are admired as well as derided. They are envied for their size and the patronage they enjoyed. At the same time, they are criticized for their inefficiency and lack of market-focus approach. They have multi-industry presence. The market capitalization of PSEs (including the Government owned Financial Institutions) is quite substantial. The implementation of the disinvestment process during 1999-2005 was characterized by inadequate promotions, ...
