The Department of Public Enterprises (DPE) is a department under the Ministry of Finance of the Government of India. It is the nodal department for all the Central Public Sector Enterprises (CPSEs). The DPE was established in 1956 with the objective of formulating policies and guidelines for the management and regulation of CPSEs. The DPE also plays a role in the disinvestment of CPSEs. The DPE has the following functions: Formulating policies and guidelines for the management and regulation of CPSEs Monitoring the performance of CPSEs Advising the government on matters relating to CPSEs Facilitating the disinvestment of CPSEs Promoting transparency and accountability in the functioning of CPSEs The DPE is headed by a Secretary, who is a senior Indian Administrative Service officer. The DPE has a number of divisions, which are responsible for different aspects of the functioning of CPSEs. These divisions include: Policy and Planning Division Finance Division Personnel Division Vigilance Division Disinvestment Division Performance Evaluation Division Corporate Governance Division The DPE has its headquarters in New Delhi. It also has regional offices in Mumbai, Kolkata, Chennai, and Hyderabad. The DPE plays an important role in the Indian economy. CPSEs contribute a significant share to the country's GDP and employment. The DPE helps to ensure that CPSEs are managed efficiently and effectively, and that they make a positive contribution to the Indian economy. Here are some of the key achievements of the DPE in recent years: The DPE has helped to improve the financial performance of CPSEs. In the last five years, the average profit of CPSEs has increased by 50%. The DPE has also helped to improve the operational efficiency of CPSEs. The average turnaround time for projects undertaken by CPSEs has decreased by 25%. The DPE has played a key role in the disinvestment of CPSEs. In the last five years, the government has raised over ₹1 lakh crore through the disinvestment of CPSEs. The DPE has also promoted transparency and accountability in the functioning of CPSEs. The DPE has introduced a number of measures to improve the governance of CPSEs, such as the appointment of independent directors and the creation of a corporate governance committee. The DPE is committed to playing a leading role in the development of the Indian economy. The DPE will continue to work to improve the performance of CPSEs, and to promote transparency and accountability in their functioning.