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Finance Department - Government of Gujarat PSUS - Finance Department
 
   Bureau of Public Enterprises>Bureau of Public Enterprises

Bureau of Public Enterprises

Bureau of Public Enterprises was constituted through a GR dated 9 th October, 1979 with a view to provide guidance, instructions and coordination to the Public Sector Enterprises, to review the activities of those enterprises and assist administrative departments to see that these enterprises function efficiently.

The core function of the BPE as prescribed by this GR are as under:-

(1.) To concern itself with matters relating to wage policies and service conditions of public undertakings.

(2.) To undertake financial analysis and evaluation of feasibility studies and investment proposals.

(3.) To carry out periodically a critical performance appraisal of the working of public sector enterprises.

(4.) To prepare annual reports on the functioning of public sector enterprises in the State.

(5.) To actively promote management training particularly in critical areas such as financial control, accounts and audit, materials management, personnel and industrial relations and marketing.

(6.) To serve as a Data Bank and clearing house of information on various aspects of management and performance in public sector.

(7.) To provide consultancy services to the administrative departments in regard to setting up of new enterprises, preparation of Memorandum and Articles of Association of Government Companies, drafting of Bills and Rules in respect of Statutory Corporations etc.

(8.) To advise Government Departments and Government nominees on the Boards of Directors in regard to important matters that come up for decision in Board meetings or at the Government level.

(9.) To deal with Assembly questions involving matters relating to public sector enterprises under the control of two or more departments and to coordinate work relating to the Committee on Public undertakings.

Gujarat Socio Economic Development Society

The State Government has formed the Gujarat Socio Economic Development Society, vide G.R.No. JNV-1007-885-A, Dated 4th March, 2008, Registered under the Societies Registration Act, 1860 and The Bombay Public Trusts Act, 1950 with the objective of channelling the contributions of profit making State Public Sector Enterprises for socio-economic development and for improving the Human Development Index of the people of the State.

The Government has requested 11 profit making PSEs / Joint Sector Companies to contribute a portion of their Profit Before Tax to the aforesaid society. In the meeting of the Governing Body of the Society, held on 01-07-2008, it was decided to utilize the funds collected by the society for projects eligible under section 35AC and Rule (11K) of the Income Tax Act and Rules. All the departments of the Government dealing with social and development sector, such as Primary Education, Health, Drinking water, Environment, Vocational training, etc. have been asked to submit projects to the Society, which shall then be taken up for implementation.

Public Sector Enterprises of Gujarat >>
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