International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
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RELEVANCE OF MODERN MANAGEMENT PRINCIPLES FOR GOVERNMENT ORGANIZATIONS IN INDIA
1 Author(s): DR. SUNIL KUMAR PADHI
Vol - 8, Issue- 3 , Page(s) : 85 - 90 (2017 ) DOI : https://doi.org/10.32804/IRJMST
Government organizations in India play an imperative role for the welfare of the society but devoid of attending break-even, how long they can dole out the society and how far the government can put up with the deadweight loss there from. That’s why in the process of generating social welfare, the government organizations have to engender surpluses so that the burden of loss would be mitigated and the stake holders of the society would be free from circuitous burden of financing those organizations for their operation. As Indian corporate world by implementing modern management principles are nicely managing their strategic business units and appropriating reasonable volume of profit, this article insists upon imitating the same in case of government organizations, specifically in those organizations which keep on struggling to achieve the break-even, for repetition of the success story.