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Govt Enterprise & Govt Undertaking

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(Querist)
16 January 2009 What is the difference between Govt Enterprise & Govt Undertaking?Plz reply soon.
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CA Tirth Ajani

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CA Tirth Ajani (Expert)
06 March 2009 govt enterprises means fully owned by Govt and Govt undertaking means in which Govt has a majority stake

OIL india is wholly owned by Govt so its Govt Enterprises...
but in SBi Govt holds approx 52% so its Govt undertaking

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