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QF
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Asked: 2021-05-28T18:28:21+05:30 In:

CA Inter EFF | Amendments Doubt | Non-departmental Enterprises

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Pls Read the Extract below:

Domestic income may be categorised into:
1. Income from domestic product accruing to the public sector which includes income from property and entrepreneurship accruing to government administrative departments and savings of non-departmental enterprises

2. Income from domestic product accruing to private sector = NDP at FC – Income from property and entrepreneurship accruing to government administrative departments – Savings of non-departmental enterprises

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QUERY: What is the meaning of Non-Departmental Enterprises in the above text? Also, what would constitute Departmental Enterprises?

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    1 Answer

    1. QF
      Co-Founder QFounder

      The departmental enterprises operate as public sector enterprises under the control of the government.

      The non departmental enterprises operate independently and are not under the control of the government. It refer to activities that are carried out by entities, which are legally separated from the government and are made to maintain a separate account of all their financial transactions. Classic example of non–departmental enterprises of the government would be Air India.

      To Summarise:

      Departmental Enterprises

      • The departmental enterprises are organisations which are a part of the public sector enterprises.
      • The departmental enterprises normally function under  the control of the government sectors .
      • These enterprises provide utilities for the public in regards to clean water, transportation, health and medical facilities and more.

      Non-departmental enterprises

      • The non departmental enterprises are organisations which operates independently and not under the control of the government.
      • Non-departmental enterprises refer to activities financial institutions, educational institutions, manufacturing of iron and steel and more.
      • The non departmental enterprises can also be operating for the government departments
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