Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises

The correct answer is option 'A' - Government Company.

Explanation:

A public enterprise is a business entity that is owned and operated by the government. It is established with the aim of providing essential goods and services to the public, promoting economic growth, and fulfilling social welfare objectives. There are different forms of public enterprises, and Steel Authority Of India Limited (SAIL) falls under the category of a government company.

Government Company:
- A government company is a legal entity that is created under the Companies Act, 2013 and is wholly or partially owned by the government.
- It can be formed by a central or state government or both.
- The government exercises control over the company by holding a majority of the shares or through the power to appoint directors.
- Government companies are subject to the same laws and regulations as any other private company.
- They are required to follow accounting and auditing standards, file annual reports, and comply with other legal and financial requirements.

Steel Authority Of India Limited (SAIL):
- Steel Authority Of India Limited (SAIL) is one of the largest state-owned steel-making companies in India.
- It was established in 1973 and is headquartered in New Delhi, India.
- SAIL is a government company and is owned by the Government of India.
- The government holds a majority stake in the company, which gives it control over the decision-making process.
- SAIL is engaged in the production and sale of steel and steel products, including hot and cold rolled sheets and coils, galvanized sheets, electrical sheets, and rails, among others.
- The company operates several steel plants and mines across the country.
- SAIL plays a crucial role in the development of the Indian steel industry and contributes to the country's infrastructure and industrial growth.

In conclusion, Steel Authority Of India Limited (SAIL) is a government company, which is a form of public enterprise owned and operated by the Government of India.