Assessing the Effectiveness of Public Sector Enterprises Reforms on Growth and Performances of Steel Authority of india LTD

Abstract

Purpose: The study focussed to understand the reforms that influenced the performance of the PSEs in India with a special focus on SAIL, to analyse the role played by the reforms taken in a public enterprise in increasing the performance of SAIL and to examine the significance of such reforms in increasing the effectiveness of public sector enterprises.
 
 Theoretical Framework: This assessment, the performance of the public sector enterprises of India is going to be discussed in reference to the reforms made by the Government of India with reference to the SAIL (SAIL, 2023).
 
 Design/Methodology/Approach: The research topic has been talking about the reforms that have been made in Steel Authority of India Limited which would require quantitative data from various sources and then its analysis.
 
 Findings: The government changed its economic policy in the year 1991 and thus made provision for the privatization of non-profit making public sector enterprises (Kunmin and Panchanatham, 2019). SAIL was among the profit-making PSUs of India as it is the largest steel producer in the country.
 
 Conclusion: Article reveals that the research aimed to provide an assessment of the impact of reforms on the growth and performance of PSEs like “Steel Authority of India Limited”.