Question
The government exercises control over its enterprises in various ways. Elaborate briefly some of the important methods of Government control.
Answer :
Word Count : 513
The government exercises control over its enterprises through a variety of methods to ensure accountability, efficiency, and alignment with public policy objectives. These methods include legislative, administrative, financial, and managerial controls, which are briefly elaborated below:
1. Legislative Control:
Legislative control involves the formulation and enforcement of laws and regulations to govern public enterprises. This ensures compliance with national objectives and legal frameworks. Examples include:
- Statutory Regulations: Public enterprises are established under specific acts of Parliament or statutes, defining their structure, powers, and scope of operations.
- Accountability to Parliament: Enterprises are required to submit annual reports, performance reviews, and financial statements ___ _________ __________ _________ _________.
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