Explanation:

Standing Conference of Public Enterprises (SCOPE) is the apex body of Central Government owned Public Enterprises. SCOPE has all the Central Public Enterprises, a few State Government Enterprises and some nationalized banks as its members. It is the only organization representing the entire spectrum of public sector enterprises (PSEs) in India. SCOPE, with a vision to enable member enterprises be globally competitive in a market driven environment, facilitates the endeavors of its members in improving their overall performance and promote their legitimate aspirations by strengthening their effective and sustained engagement with stakeholders. It has been advocating concerns and issues of the PSEs and is engaged in an ongoing dialogue with the government in order to have conducive public sector policy framework. Its activities are aimed at strengthening the PSEs by making them more efficient and effective and at the same time encouraging them to explore new horizons in the global market.