연구정보
[경제] Winding Up of State Enterprises in India: A Case Study of Five Enterprises Under the Department of Heavy Industry
인도 국외연구자료 연구보고서 Carnegie 발간일 : 2023-09-19 등록일 : 2023-10-29 원문링크
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Why is it so easy to create a public sector enterprise but so difficult to wind one up, even when precious resources of the state with huge opportunity costs are regularly appropriated for entities that no longer serve any public purpose?
Usually, it is due to a lack of political will arising out of a perhaps overblown fear of consequences of taking what are perceived to be “harsh” steps. It is also often due to an abundance of caution in the bureaucracy that has to implement these steps. There are reasons for this reluctance. Bureaucracy has learned from previous attempts at winding up state enterprises that such exercises tend to ruffle vested interests, attract political and judicial ire, and sometimes invite the unwelcome attention of investigative agencies.
Closing down state enterprises has always been notoriously difficult. It requires the rare circumstance of all the stakeholders being in alignment with the objective at the same time for progress to be made.
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| 이전글 | [국제관계] Complementarity of Indian Development Cooperation with Similar Initiative... | 2023-10-15 |
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| 다음글 | [경제] Carnegie India’s Emerging Voices 2023 | 2023-10-29 |
