The Balanced Regional Development via CPSEs in India

Central Public Sector Enterprises CPSEs have made versatile and important contributions to the country's economy and have been successful to a great extent by fulfilling its objectives. It has been reflected from the study that in the last three years, 'Gross Block' increase in most of the states. It increased more than 4 in descending order in Chhattisgarh, West Bengal, Delhi, Karnataka, and Madhya Pradesh and between 5 to 6 in the same order in Andhra Pradesh, Tamil nadu, Orissa, and Uttar Pradesh. Increase in Other and Unallocated were 14 to 17 and have made significant contributions towards achieving self-sufficiency in the country in the various economic sectors as well as balanced regional development in the nation. it has been discussed the o one dimension of balanced regional development through setting up of Central Public Sector Enterprises CPSEs in India in terms of gross block Investment in CPSEs in several States Union Territories for balanced industrial growth in the backward regions. This paper examines the trends of Gross Block of Central Public Sector Enterprises in several states of India, with a view to wit the overall contribution of these CPSEs in balanced regional development in terms of financial investment in the nation. Using current PE surveys, MOHIPE annual reports, Economic Surveys, etc., we firstly, highlights the Current Status of CPSEs in India along with the Industrially Backward States and Union Territories. Secondly, it has been studied the trends of Gross Block of CPSEs in various Industrially Backward States and Union Territories of India. Finally, an analysis is made through Comparative Statistics of Gross Block in Industrially Back Ward, Developing and Developed States of India in CPSEs and other factors also are analyzed.