lic sector has been playing a vital role in the economic development of the country. Despite of their impressive role public sector enterprises in India suffer from several problems such as poor Project Planning, excessive overheads, overstaffing, underutilization, inefficiency, etc. To overcome this problems and to bring improvement in the efficiency level of public sector some steps are taken by the government, they are :1. government policy towards the public sector prepared since 1991 in which RESTRUCTURE and revive policy to be adopted. 2. reduction in the number of industries reserved for public sector from 17 to 8 and then to 3 - these are related to atomic energy, arms and rail transport. 3. disinvestment of shares of a selected set a public sector enterprises and provide the privatization. 4. policy regarding sick units given to the private hands. 5. STARTED MOU (MEMORANDUM OF UNDERSTANDING ), under this agreement public sector is given GREATER autonomy and determine the target to achieve during the prescribed period. Hope it HELPS. If so Mark it as BRAINLIEST.