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Delhi metro: does sound ratios reflect financial stability

Author: 
Dr. Navneet Joshi, Sanjive Saxena and Rupal Dhyani
Subject Area: 
Social Sciences and Humanities
Abstract: 

A public sector undertaking may be defined as a business undertaking, which is owned managed and controlled by the State, on behalf of public at large. These undertakings have come to enjoy a unique position in the Indian economy in the post-independence era. They have been responsible for forming a strong industrial base and providing the basic infrastructure for development in the country. From an investment in 5 enterprises of Rs. 29 crores in 1950-51.Public Enterprises Survey 2017-18, 58th in the series, gives a consolidated picture of the Performance of Central Public Sector Enterprises (CPSEs) which are spread over length and breadth of the country. As on 31st March 2018, there were 339 CPSEs with a total investment of Rs. 13, 73, 412 crore. Over the years, Delhi Metro has become a role model for many things. To urban dwellers, it promises “modern” and “high-tech” public transport system. To governments, it is an easy means to earn “development credits” along with “public welfare”. To private sector, it has clearly a lot to offer since a lot of money is at stake. This also gets rewarding media coverage because of strong public relations (PR) management and it is also honored by various national and international agencies for its “achievements”

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