Set up in May 1964, the Institute of Public Enterprise (IPE), enters its Golden Jubilee year in May 2013. During this Golden Journey, IPE has had the privilege of eminent scholars, policymakers and public enterprise CEOs delivering lectures under the auspices of the Lal Bahadur Shastri (LBS) and the Distinguished Lecture Series (DLS). The lectures have been delivered in the backdrop of the Global Context of India and the issues confronting India's development. The themes dealt with touch upon wide ranging issues starting from economic growth and outlook for India vis-à-vis China and Pakistan, India in the international economy, strategic management to make public enterprises globally competitive to the crisis in Indian education, emerging disparities in India and an economic analysis of Judicial activism.

The present volume incorporates seminal writings on public sector viz., public enterprises and evaluation, the future of public sector in India and emerging role of independent directors in the board room. The Golden Jubilee volume would be useful to policymakers, researchers, public sector executives and post graduate students in India and abroad.

R.K. Mishra is ONGC Subir Raha Chair Professor on corporate governance and Senior Professor and Director, Institute of Public Enterprise (IPE), Hyderabad.

With PhD from the University of Rajasthan and a visiting fellow at London Business School, UK, he studied for International Teachers programme at SDA Bocconi, Milan, Italy. He has been a management consultant to PWC, DFID, Adam Smith Institute, ADB and Centre for Good Governance. He has supervised more than 50 doctoral researches from several universities and his areas of interest include: corporate governance, international management, technology management, PPP and corporate restructuring.