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Synopsis Performance of public enterprise always occupies the front page in newspapers and the headlines of mass media. Hardly there is any session of the Parliament and the state assemblies where stormy debates do not take place on performance of public enterprise. The success of the Indian economy in terms of growth and distributive justice largely hinges on the performance of public enterprises. Both the central and the state governments depend on the good performance of public enterprises a lot to achieve their socio-economic objectives. The post graduate students in the institutes of higher learning such as IIMs, IITs, RECs, university post graduate departments in management, economics, commerce, public administration and social sciences, are keenly interested in formulating a proper perspective of performance of PEs and so are the students of the newly set up management institutes in the country. The public enterprise personnel are deeply interested about continuous sensitization of performance of public enterprises to take stock of their work and contribution. Private enterprises and trade associations such as FICCI, CII, and State Chambers of Commerce and Industry, are attracted to study the performance of public enterprises for a comparative view and benchmarking. The present book makes an attempt to provide a backdrop of performance of public enterprises during the decade of liberalization, offer a detailed formulation in the theory of public enterprise performance evaluation and present a survey of research in this area. The book contains a wide range of annotations of topical studies on performance evaluation published in the form of books, articles, papers and official and non-official reports. The book also provides a peep into the research areas in the field of performance evaluation for future.The book will be useful to a cross section of readers drawn from industry, government, consulting organizations, management institutes, universities, and researchers.