Department of Public Enterprises (DPE)

Background

The 52nd Report of the Estimates Committee of the 3rd Lok Sabha (1962-67) highlighted the necessity of establishing a centralized coordinating unit to continually assess the performance of public enterprises. Consequently, the Indian government established the Bureau of Public Enterprises (BPE) in 1965, placing it under the Ministry of Finance.

Following a reorganization of the Union Government's Ministries and Departments in September 1985, BPE became a part of the Ministry of Industry. Further reforms took place in May 1990, elevating BPE to a full-fledged Department known as the Department of Public Enterprises (DPE).

The Department of Public Enterprises (DPE) remains under the Ministry of Finance, playing a pivotal role in formulating policies and guidelines concerning the functioning and performance of public sector enterprises in India.

Mission Statement:

“Formulating policies, fostering transparency, and promoting responsible governance to enhance the competitiveness and social impact of public sector enterprises.”

Vision:

"To be a driving force in promoting excellence, sustainability, and innovation in public sector enterprises which contribute significantly to the nation's economic growth and development."