Governments nationalise companies primarily to gain control over key industries deemed essential for national security, economic stability, or public welfare. This action can help prevent monopolistic practices, ensure equitable access to resources, and protect jobs. Nationalisation can also facilitate long-term planning and investment in sectors critical for development, such as utilities, transportation, and healthcare. Additionally, during times of crisis, governments may nationalise companies to stabilize the economy and safeguard public interests.
yes the government has some power
Yes, because if the company is failing, there will be lots of people who don't have any work. Government should aid the failing companies. If government don't aid the failing companies, there will be lots of unemployment and also not just that but, there will be lesser purchasing power which is bad for the country. Because Government get income usually form taxes.
They are regulated because the government wants to know what these companies are doing and there are no competing companies for electric services.
Government subsidies to private companies will allow those companies to export more of their goods
The government ensures that companies aren't abusing their power. If they are found to be doing so, the government steps in to change regulations.
Nationalise, also spelled nationalize, is a verb.
Just a face saving device from voters!
8TH
how can you find past government companies
The companies which are established under the Indian companies Act 1956. A companies whose majority shares are held up by the government is called a government company.
yes the government has some power
The government gave railroad companies huge pieces of land.
Monopolies are usually bad for society so governments either nationalise them or regulate them.
Oh sorry! Government does not stop tobacco companies from making money. Government can't neglect the money it gets from those companies. Government has vested interests in the profitable running of tobacco companies.
The government gave railroad companies large pieces of land.
Government undertaking companies are those in which govenrment and private sector both invest but government hold 51 % shares and their chairman usually government employees.Eg. HAL, BHEL etc
Government, environmental companies, defense companies, mining companies. See related links for company names and links.