The different types of organisations under the public sector are as follows :

1. Departmental undertakings
2. Statutory corporations
3. Public enterprises.

• Multinational Corporations or Global Corporations may be defined as a company which carries on production, sales and/or distribution operations not only in the country in which it has been incorporated, but also in a number of other countries.

• The operation of multinational company are usually spread all over the world.

Some of the Public Sector Corporations in India are as below :

1. National Thermal Power Corporation
2. Coal India Limited
3. Engineers India Ltd.
4. Industrial Finance Corporation

Some Departmental undertakings under the Government of India are:-

1. Posts and Telegraphs
2. Railways
3. Broadcasting
4. Defence undertakings

The Government company form of organisation is preferred over other forms of public sector companies because:-

Freedom from bureaucratic control

• Though it owes its formation to the government, a government company is relatively free from much of bureaucratic interference.

Flexibility of operations

• A government company can easily modify or alter its form or style of business in line with the prevailing situation.

Freedom from political interference

• In several respects, a government company functions independently of the parent ministry or department.

Benefit of Expertise

• By inviting equity participation by private investors, the government company can reap the benefits of technical and managerial know-how perfected by the private sector.

Best of both the worlds

• Partification by private investors naturally leads to efficient management of the government company resulting in increased profits.