Full formGovernment & Exams
PURstands forPublic Undertaking
Full Form of PUR
What is PUR?
A Public Undertaking (PUR) refers to a state-owned enterprise or company where the majority stake (typically 51% or more) is held by the government of India, either at the central or state level. These entities operate in key sectors such as energy, mining, manufacturing, banking, and infrastructure, and are established to serve public interest while generating revenue for the government. In India, prominent examples include BHEL, ONGC, and SAIL. PURs are often classified as Central Public Sector Enterprises (CPSEs) or State Level Public Enterprises (SLPEs). They play a vital role in implementing national policies, providing employment, and ensuring strategic control over critical industries. The term is widely used in government documents, budget reports, and competitive exams like UPSC, SSC, and Banking examinations, where questions on disinvestment, efficiency, and governance of PURs are common. Understanding PURs is essential for grasping India's mixed economy model and the government's role in economic development.
PUR का फुल फॉर्म
सार्वजनिक उपक्रम
Example
The government's decision to sell a minority stake in select PURs was aimed at improving efficiency and reducing fiscal deficit.
PUR — frequently asked questions
What is the full form of PUR?
The full form of PUR is Public Undertaking, which refers to a government-owned enterprise in India.
How is PUR different from PSU?
While both terms are often used interchangeably, PSU (Public Sector Undertaking) is more common for central government enterprises, whereas PUR is a broader term that can include state-level undertakings.
What are some examples of PUR in India?
Examples of PURs in India include ONGC, SAIL, BHEL, NTPC, and Coal India Limited, which operate in energy, steel, and heavy industries.