After the industrial policy of 1991, the role of public sector has changed in the following ways :
(1) Reduced number of reserved industries.
(2) Dilution of shareholdings.
(3) Revival of sick units.
(4) National Renewal Fund constituted.
By taking these actions which values are adhered by the Govt.
The following values are adhered by the Govt.:
(1)Freedom to the pjvate sector to expand their business activities.
(2)Efficient management and increased profitability of public sector undertakings.
(3)Improvement in the performance of sick units ensuring best returns on investments made.
(4)Enhancing labour welfare.