Title:
A STUDY ON PERFORMANCE EVALUATION OF A STATE PUBLIC SECTOR UNDERTAKING IN HIMACHAL PRADESH

Authors:
Dr. Kamlesh Devi

Abstract:
Himachal Pradesh occupies sixth position in the country in respect of its forest coverage. Forests are an important resource of the state and it occupies an area of 36,986 sq. km. This accounts for about 66.4% of the total geographical area of the state. ‘Himachal Pradesh State Forest Corporation Ltd.’ being unique in its nature has to perform numerous activities relating to Timber extraction work, Bamboo extraction work, Resin extraction work, and Resin processing and marketing work etc. So, it becomes very essential to study the performance of the Corporation to pin point its strength and weakness. In this study an attempt has been made to evaluate the performance of Himachal Pradesh State Forest Corporation. In order to make this study intensive and more comprehensive, it covers a period of thirteen years i.e. from 1994-95 to 2006-07. The basic purpose of this study is to evaluate the financial performance of the Corporation. It includes short-term financial performance, long-term financial performance, and profitability performance. This doctoral level scholastic investigation is being presented in a nutshell. Here only evaluation of Secondary Data towards performance of Himachal Pradesh State Forest Corporation Ltd is being shown.

Keywords:
Forest, STFP, LTFP, PP, PP Royalty, Accumulation, Interval Measures, PV Profit Relationship, Recasting, Effective Management, Faster Reporting