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Merits

Government firms enjoy several benefits, which are as follows:
  1. A government organisation can be established by satisfying the needs of the Indian Companies Act. A separate Act in the Parliament is not necessary;
  2. Apart from the Government, it has a separate legal entity;
  3. It enjoys freedom in all administrative decisions and takes actions according to business prudence;
  4. These companies are able to control the market and restrict unhealthy business practices by providing goods and services at reasonable prices.




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