Difference Between PSU Ans Govt Promoted Organisation

smohanta1
1. Can anybody tell me what is the difference between state Govt PSU and a factory promoted by Govt?
2. Gujrat state fertilizer and chemical ltd is promoted by Govt of Gujarat, is it a Govt organisation or not, i mean jobs at GSFC is a govt job or not?
Shailesh Parikh_HR Pro
Dear Member
The public sector is the core public utility or public services business/operations ifunded, proomoted and managed by Government like Railways, Ports, and Airport Authority etc.
The Public sector undertaking means the industries/business where majority of funding is from Government and its management is professionally done by Board of Director where the key directors are nominated/appointed by Government.
GSFC is such state level Government of Gujarat Undertaking. Now it is up to one to perceive its job as "Government Job" or not. As I know the company closely it is not the atypical Government Company and the job there is not the typical Government Job.
I hope this may help you..Though I don’t know the purpose of your asking the question.
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
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