A Leading Consultancy for Civil Services. Established in 1988 to Provide Expert Guidance...
Daily Current Affairs – 2020
Topic: For Prelims and Mains
New ‘Public Sector Enterprise Policy’
Why in News?
The government recently released a new ‘Public Sector Enterprise Policy’.
Under the New Policy:
Strategic:Atomic energy, space, defence, trans and telecom, power, petro, coal, other minerals, banking, insurance and financial services will be classified as strategic sectors.
Privatization:The remaining companies in strategic sectors will be considered for privatization/merger/closure and non-strategic sectors will be considered for privatization, where feasible or for closure.
In strategic sectors, the minimum presence of existing companies at the holding levelwill be retained under government control.
The strategic sectors have limited number of players restricting it to maximum four public sector enterprises of the holding nature.
Having a robust disinvestment policy would be critical for the government at a time when it needs resources to bridge the fiscal gap and for spending on key policy initiatives to battle Covid-19 pandemic affected economy.
What is Private Enterprise?
The private sector or enterprise are the businesses that are owned by a private group or an individual.
Different types of businesses under private enterprises are a partnership, sole proprietorship, cooperative, and company.
What is Public Enterprise?
The sector or enterprises are the businesses that are owned and controlled by the government.
Here, a company can be partially or completely managed by the central or state government and participate in many economic activities of a nation.
Facts For Prelims:
What is Software-Defined Radio?
Software-defined radio (SDR) is a radio communication system where components that have been traditionally implemented in hardware (e.g. mixers, filters, amplifiers, modulators/demodulators, detectors, etc.) are instead implemented by means of software on a personal computer or embedded system.
A basic SDR system may consist of a personal computer running SDR software that interfaces with analog-to-digital converter over USB or ethernet, preceded by some form of RF front end with RF amplifiers, filters and attenuators.
Why in News?
To arm the soldiers with advantages offered by technology and equip them to fight a war in the net–centric battle space, the existing radios are to be replaced soon by indigenously developed Software Defined Radio (SDR).