Department of Public Enterprise – UPSC Prelims

Department of Public Enterprise (DPE):
  • The Department of Public Enterprises is the nodal department for all the Central Public Sector Enterprises (CPSEs).
  • It formulates policies pertaining to CPSEs, and collects and maintains information in the form of a Public Enterprises Survey on several areas in respect of CPSEs.
  • Department of Public Enterprises is headed by Secretary to the Government of India
  • The Estimates Committee of 3rd Lok Sabha (1962-67) stressed the need for setting up a centralized coordinating unit, which could also make continuous appraisal of the performance of public enterprises. This led to the setting up of the Bureau of Public Enterprises (BPE) in 1965.
  • In May 1990, it was made a full-fledged Department, known as the Department of Public Enterprises (DPE). Presently, it is part of the Ministry of Finance.