Public Sector Undertakings (PSUs) in Gujarat are established under different acts depending on their nature and purpose. Here are some of the important acts under which PSUs in Gujarat are established: •
Companies Act, 2013: Many
PSUs in Gujarat are established under the Companies Act, 2013. This act provides for the incorporation, functioning, and regulation of companies in India. Companies like
Gujarat State Fertilizers & Chemicals Limited (GSFC) and
Gujarat State Petroleum Corporation Limited (GSPC) are established under this act. • Gujarat State Financial Corporation Act, 1951: This act provides for the establishment of the
Gujarat State Financial Corporation (GSFC), which provides financial assistance to small and medium-scale industries in the state. • Gujarat Industrial Investment Corporation Act, 1972: This act provides for the establishment of the Gujarat Industrial Investment Corporation (GIIC), which provides
financial and technical assistance to industrial units in the state. • Gujarat Industrial Development Act, 1962: This act provides for the establishment of the
Gujarat Industrial Development Corporation (GIDC), which is responsible for the development of industrial estates, providing infrastructure facilities to industries, and promoting industrial development in the state. • Gujarat Mineral Development Corporation Act, 1961: This act provides for the establishment of the
Gujarat Mineral Development Corporation (GMDC), which is responsible for the exploration, exploitation, and processing of minerals in the state. == List of PSUs ==