Subject(s): Indian Economy -- Board of Directors -- Public Accountabiluty -- Government -- Industrial Relation, public enterprises -- Management - Place and extent in Indian economy :History, industrialization in India after independence, constitution of India, five year plans, employment -- Rationale, objectives and nationalisation policy - historical perspective : nationalisation policy, economic growth -- Organisational patterns at micro and macro levels : Apex or multi -unit company, SAIL model, multi- purpose corporation, ministry of PE -- Board of directs - functions and constitution : Public enterprises selection board, interest representation on the board, qualifications for appointment, tenure of appointment -- Measures of efficiency : CAGs review, inter-firm comparison, waste as an index of efficiency -- Profitability and performance : resource mobilization, profitability, insurance companies, railways, postal services -- Public accountability : Committee on public undertaking -- Relationship with the government and public enterprises Adhoc committees, action committee, principles of government-PE relationship -- Public relations and the consumer : LIC, IOC & NTPC -- Financial management : Financing capital requirements, equity and loan from government, internal resources, long term funding -- Pricing policies and practices : Principles of pricing, break even pricing policy, pricing in competitive market, subsidised price, cost-plus price, administered or retention price, price and purchase preference -- Personnel management : Recruitment and service condition, reservation policy job security, compensation and benefits, work culture, training and development, over staffing, surplus workforce, NRF and VRS -- Industrial relations and workers participation : Labour management , government's labour policy, wage fixation -- Materials and production management : State electricity board -- Marketing management : SAIL, BHEL, IOC, HMT -- Project appraisal management : Process of identification of projects and project cycle, public investment board -- Privatisation -- Privatization, liberalization and globalization : Disinvestment techniques, regulatory mechanism consequent upon privatisation -- Privatisation policy and practice in India : Disinvestment commission, Vajpayee government's policy, SCOPE's approach to privatisation