Accounting

Corporate Governance for State-Owned Enterprises - Enhancing Institutions, Enabling Access to Finance, Strengthening Service Delivery

Enormous amounts of public funds flow to India’s state-owned enterprises every year. These institutions deliver critical goods and services such as electricity, water, roads, schools and hospitals; they are a primary source of jobs; they generate significant revenue for the country; they account for one quarter of the nation’s GDP. If these firms aren’t managed properly, precious funds will be wasted.