Different objective of public enterprises

Different objective of public enterprises

Public enterprises or company established by government in the interest of social. They are not for profit making but they are formed for social economical area and balanced the economic growth for different sector. We divide these objects into three parts : -

objective of public enterprises

Economic objective –

ü  Government always prefer to make condition for fast economic growth and for this, government provide the basic things like food, education, better working conditions and better housing.

ü  There are lots of sectors which require a lot of money and only government can take these types of steps and also there are no fix rates of interest.

ü  It is the responsibility of the government to take such steps which decrease the unbalance of different area like city – town – village etc.

ü  It is the responsibility of the government to provide goods and services on a low rate with a good surplus. These types of business also require lot of investment.   

ü  Unemployment is always a big issue for government. For this, these enterprises generated jobs but also bear high risk, cover the unbalance area of economic growth and different locations.

Political objective –

ü  Do lot of activity for national defense like army, oil sector or so on.

ü  Other national important issue.

Social objective –

ü  Government always works for removal of economic & social disparities and also for equal distribution of income level for all.

ü   Always help the weak sector because they are job oriented and also related with balance the regional difference.

ü  Always work to stop monopoly.