Department Of Public Enterprises In its 52nd report of the estimate committee of third Lok Sabha (1962-67) highlighted the requirement to set up of the centralized coordination unit which could assess the performance of public enterprise continuously. Accordingly, in 1965, Bureau of Public Enterprises (BPE) was formed in the Ministry of Finance. Consequently, BPE became the part of the Ministry of Commerce and Industry after the restructured Central government Ministries / Departments in September 1985. Since May 1990, BPE is known as a Department of Public Enterprises ' (DPE) after becoming a full-fledgeddepartment. At present, this is part of the heavy industry and public enterprise ministry. Department of Public Enterprises (DPE) is the nodal department of all Central Public Sector Enterprises (CPSEs) and formulates policies related to CPSE. Department of Public Enterprises (DPE) is responsible for preparing policy guidelines on the improvement and evaluation of performance in CPSEs, autonomy, and delegation of financial powers and personnel management. Besides, it also collects the information and maintains regarding Central Government enterprises (CPSEs). Department of Public Enterprises (DPE) coordinates with other ministries, central government public enterprises, and concerned organizations. According to the allotment rules of the Government of India, following subjects to the Public Enterprises Department has been allocated: • The work of contemporary Bureau of Public Enterprises including the industrial management pool • Coordination of all general policy which affects all public enterprises • Evaluation and monitoring of the performance of central government public enterprises including a memorandum of understanding( MOU) system. • Matters of permanent mediation mechanism for public enterprises • Consultation, training, and rehabilitation of employees in central government public enterprises under the voluntary retirement scheme, • Review of Capital Projects and Expenditure in Central Government Public Enterprises; • Targeted measures for improving the performance of Central Government Public Enterprises and capacity building initiatives of other public enterprises. • Rehabilitation, restructuring or closure of public enterprises and related mechanisms related to them. • Matters of permanent conference of public enterprises • Matters concerned to the International Center for Public Enterprises. • Classification of Central Government Public Enterprises, including granting 'Ratna' status.