2004-05 मधील सार्वजनिक उपक्रमांच्या कामगिरी वरून, नवीन आर्थिक पर्यावरणामध्ये सार्वजनिक उपक्रम तेंव्हाच चांगली कामगिरी करू शकतात जेंव्हा______

The correct answer is Option D (All of the above).

Key Points:
• The correct option is (4).
• Public Sector Reforms and Corporate Governance:
• The Public Enterprises Survey (2004-05) and contemporary expert committee reviews on central public sector enterprises (CPSEs, including the Arjun Sengupta Committee recommendations) highlighted that public undertakings could compete effectively with private players under globalization if provided an enabling ecosystem:
• 1. Managerial and financial autonomy (such as granting Navratna and Miniratna status).
• 2. Reduction of excessive administrative control, red-tapism, and political interference.
• 3. Adoption of commercial corporate culture, professional board management, performance incentives, and market accountability.
• Hence, all listed measures contribute to optimal enterprise performance.
• Key Takeaway: PSUs perform effectively when granted operational autonomy, shielded from bureaucracy, and instilled with corporate practices.