http://dspace.iimk.ac.in:80/xmlui/handle/2259/792 2026-05-12T13:15:27Z http://dspace.iimk.ac.in:80/xmlui/handle/2259/798 Making the Crippled Dance A Model for Rejuvenating the Ailing Public Sector Enterprises Krishna Kumar Many public sector enterprises, some owned by the central government and others owned by the state governments, are facing a crisis of survival today. This is on account of intense competition setting in by the opening of Indian economy on the one hand and the reluctance of the respective governments to support them and fund their mounting losses on the other. The concerned governments want to privatise them or wind up, if they are not performing well. Have the public sector enterprises, established over 50 years period lost their relevance now? Have they reached a point that government must think of disowning the ones not performance well? Is there a case for developing new approaches to manage public sector enterprises is general and the ailing ones in particular? This paper addresses these issues based upon intensive studies of several public sector enterprises and suggests certain measures to meet the challenge 1 Indian Institute of Management, Lucknow (India) 2000-01-01T00:00:00Z http://dspace.iimk.ac.in:80/xmlui/handle/2259/793 Exit or Renaissance: Strategic Challenge to Public Sector Enterprises Krishna Kumar Public Sector in India was created to take the economy to the commanding heights. Both the central and the state governments have attempted to make the dream materialise. However, in the last few years the wind has started blowing in the opposite direction. Is public sector enterprise as a concept a wrong thing? Or, we have not attempted to take necessary care to understand that they are fundamentally different from private sector enterprises and to be managed differently. This paper takes a fresh look at the whole issue and pleads for fundamental changes in the way they are to be managed to enable them play an effective role to take the economy to the commanding heights. 1 Indian Institute of Management, Lucknow (India) 2000-01-01T00:00:00Z