In any economy, the purpose of establishing a public enterprise has its own economic political and social objectives. In of developing countries like Nepal, the objectives of establishing public enterprise are:
1. TO achieve economic development in balanced and organized manner by providing basic infrastructures 2. To distribute consumption goods in reasonable price by improving its quality. 3. To establish large and non-profit oriented organization which are beyond the capacity of private sectors. 4. To help generate national revenue. 5. To earn foreign exchange. 6. To generate the employment opportunities 7. To obtain economic, political and social objectives of the nation by mobilizing available capital and labor resources. 8. To correct unfavorable balance of payments by import substitution and export promotion.
1. TO achieve economic development in balanced and organized manner by providing basic infrastructures 2. To distribute consumption goods in reasonable price by improving its quality. 3. To establish large and non-profit oriented organization which are beyond the capacity of private sectors. 4. To help generate national revenue. 5. To earn foreign exchange. 6. To generate the employment opportunities 7. To obtain economic, political and social objectives of the nation by mobilizing available capital and labor resources. 8. To correct unfavorable balance of payments by import substitution and export promotion.
2 comments:
useful content
what is the difference between economic and social objectives of the public sector of organisation
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