GROWTH AND PERFORMANCE OF CENTRAL PUBLIC SECTOR ENTERPRISES: A COMPARATIVE ASSESSMENT BETWEEN UPA 1 AND NDA 1

Developing countries were struggling with the problems of income and regional inequality, while at the same time low level of employment and lack of skilled man power worsen the situation. In order to do with such problems and to tackle the situation, governments followed a plan-led development strategy wherein Public Sector Undertakings (PSU's) were accorded with majority of roles. The Central Public Sector Enterprises (CPSEs) have performed tremendously well in the initial years of its inception but has been unable to keep up its performance on the desired level. There are several reasons behind degrading performance of PSEs. The increased competition and non-compliance with the changing environment can be attributed as the major reasons for the downfall of PSEs; change in central government also laid problems in functioning and performance of public sector enterprises because of varied policy initiatives towards CPSEs. In this regard, present study finds its motivation to conduct an descriptive research to compare and analyze the performance of CPSEs in India during tenure of UPA government (from 2004-2009) and that of NDA government (from 2014-2019). The objective is to analyze the role of government towards promotion of CPSEs in India and performance of CPSEs during tenures of UPA and NDA governance