India, a land of vibrant culture and entrepreneurial spirit, thrives on the ingenuity and resourcefulness of its people. Amidst the bustling streets and urban landscapes, there lies a significant yet often overlooked segment of the economy – home-based enterprises. These businesses, operated from the comfort of one's home or nearby premises, constitute a crucial component of India's economic fabric, contributing to employment, productivity, and overall economic growth. 1. Evolution of Home-Based Workforce Over the past few decades, the landscape of home-based enterprises in India has witnessed both growth and flux. According to data sourced from the National Sample Survey, the number of home-based workers stood at approximately 47.14 million in 2004-05. This figure saw a modest increase to 49.20 million by 2011-12. However, a noticeable decline was observed in 2017-18, with the estimated count dropping to 41.85 million. Despite this fluctuation, home-based work consis
In the landscape of Central Public Sector Undertakings (CPSEs), the financial year 2021-22 saw an impressive cohort of 22 entities achieving the prestigious ‘excellent’ ratings for their exemplary performance. These CPSEs demonstrated resilience, efficiency, and strategic acumen, earning them commendation within the sector. Let's delve into the list of these outstanding performers:
- Bharat Petroleum Corporation Limited
- Bharat Electronics Limited
- Bharat Heavy Electricals Limited
- Coal India Limited
- Container Corporation of India Limited
- Engineers India Limited
- GAIL (India) Limited
- Hindustan Aeronautics Limited
- Hindustan Petroleum Corporation Limited
- Indian Oil Corporation Limited
- Mazagon Dock Shipbuilders Limited
- National Aluminium Company Limited
- National Buildings Construction Corporation Limited
- National Fertilizers Limited
- National Hydroelectric Power Corporation Limited
- National Mineral Development Corporation Limited
- Oil India Limited
- Power Grid Corporation of India Limited
- Rashtriya Chemicals and Fertilizers Limited
- Rural Electrification Corporation Limited
- SJVN Limited
- Steel Authority of India Limited
These CPSEs showcased exceptional performance across various sectors, ranging from energy and construction to manufacturing and infrastructure. Their success stories reverberate not only within India but also globally, contributing significantly to the nation's economic growth and development.
Each of these entities has demonstrated unwavering dedication to their respective industries, implementing innovative strategies, maintaining operational excellence, and fostering sustainable practices. Their contributions have not only bolstered India's economy but have also played a pivotal role in shaping the nation's industrial landscape.
It’s important to acknowledge that this achievement is a result of meticulous planning, robust leadership, and a committed workforce within these CPSEs. Their ability to navigate challenges, adapt to changing market dynamics, and continuously innovate has been key to their success.
While the financial year 2021-22 has showcased these 22 CPSEs in the limelight for their exceptional performance, the ever-evolving business landscape demands sustained efforts to retain and enhance these remarkable standards in the years to come.
As the public sector continues to play a crucial role in India’s economic growth, the performance of these CPSEs serves as a testament to the potential and capabilities of state-owned enterprises in driving progress and excellence in various sectors.
However, it's essential to remain updated with the latest reports and assessments to gauge the ongoing performance of these CPSEs. Unfortunately, as of now, information regarding their performance for the financial year 2022-23 is not available. Keeping an eye on the Department of Public Enterprises' updates would provide insights into their continued journey of excellence.
The exemplary performance of these CPSEs stands as a testament to their commitment, resilience, and contributions to India’s economic landscape, setting benchmarks for others to aspire to emulate.