What are the Merits of Statutory Corporations of Public Utilities?

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The public corporations enjoy the following merits:-

Autonomy:

These corporations enjoy autonomy of operation with the absence of Government regulations and restriction.

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Absence of political interference:

Since the units are independent, they may be free from political influences and interference in their operations and developmental activities.

Quick decision:

Prompt decisions can be taken as the decision making authority is a nominated head of the Government.

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Absence of exploitation:

The workers may not be exploited by way of work or working conditions. They enjoy, all the benefits as the Government workers would enjoy, not being Government employees themselves.

5. Ease of raising capital:

The corporations would find it easy to raise large amounts of capital, if needed, at low rates of interest.

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