Why is the government company form of organisation preferred to other types in the public sector?

cbse
publicprivate-global

#1

Reasons why the government company form of organisation is preferred to other types in the public sector are as follows :
(1)It has a separate legal entity, apart from the government.
(2)It enjoys autonomy in all management decisions j and takes actions according to business prudence.
(3)A government company can be established by fulfilling the requirements of the Indian Companies Act. A separate act in the parliament is not required.