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- Features of departmental undertakings include12345:
- Established by the government, with overall control resting with the minister.
- Managed like any other government department.
- Financed through government funds.
- Subject to budgetary, accounting, and audit control.
- Policy is laid down by the government, and it is accountable to the legislature.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The main features of departmental undertakings are as follows:-
- It is established by the government, and its overall control rests with the minister.
- It is a part of the government and is managed like any other government department.
www.iedunote.com/departmental-undertakingsFeatures of Departmental Undertaking
- 1. Audit and Accounting Normal budgeting, accounting and audit procedures are applicable to departmental undertakings just like government departments.
www.toppr.com/guides/business-studies/private-pu…The main features of departmental undertakings are: It is established by the government and its overall control rests with the minister. It is a part of the government and is managed like any other government department. It is financed through government funds. It is subject to budgetary, accounting and audit control.www.studypage.in/business-studies/departmental-…The features of a department undertaking are : 1. It is established as a department of concerned ministry under central and state government. 2. It has no separate legal entity. 3. It is financed by the annual budget allocation of the government and all its earning go to the government treasury.www.toppr.com/ask/question/what-are-the-feature…Departmental undertaking is the oldest and traditional form of organising public sector enterprises. A departmental undertaking is organised, financed and controlled in much the same way as any other Government department. It may be run either by the Central Government or by a state government.www.economicsdiscussion.net/india/public-sector/p… - People also ask
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Various features of the list of departmental undertakings in India are – 1. Ease of Formation Compared to a private organization, it is quite easier to form an organization under a departmental undertaking. Since such an enterprise is being organized by the ruling Government, there is no requirement for … See more
Departmental Undertakings can be defined as the most common and established forms of public enterprises of a country. Such an enterprise is financed as well … See more
Departmental Undertakings are the most established and traditional form of an organization that is owned and regulated by authoritative bodies of the public sector. … See more
There are several advantages of the enterprises under departmental undertakings. These are – 1. Such organizations allow the ruling Government body to take … See more
With the help of the points discussed below, it is easier to identify the demerits of departmental undertakings – 1. Lack of Flexibility Lack of flexibility is a … See more
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