The Department of Public Enterprises oversees the functions of the
States Public Sector Undertakings (PSUs) and advises on their efficient management
and control in the functional areas, such as finance, production, organisation and
As per the rules
of business, the functions of the Department are:
Laying down general policies and guidelines for effective management, marketing,
finance, services, etc., of PSU and periodic review of their performance.
Regulating industrial project proposals through project approval committee.
norms for financial discipline, budgeting, accounting and audit in the PSUs
information and data from public sector undertakings and advising on preventive measures
against their becoming sick.
Prescribing norms for mutual cooperation and coordination among the
model Memorandum of Understandings (MoU) and reviewing the progress of MoUs.
important role that the Department has come to play in the recent years is overseeing the
public enterprise reform programme of the Government (more details in the programme
section) and running the social safety net
redundant employees of the States PSUs.