The Forum of Free Enterprise is a non-political organization founded in 1956 by A. D. Shroff and was established to educate public opinion in India on free enterprise and a democratic way of life. The Forum publishes booklets to further its objects. The following booklet titled, “State Enterprises” was published in 1956 and was authored by C. H. Bhabha. The booklet criticises the current scenario of economic development in the State and talks about the future economic set-up which is being evolved for the nation. The text discusses State Enterprises, New Companies Act, Rent Control legislation. The author talks about several noticeable features in several State Enterprise. The text is about the author’s observations regarding the functioning of the State Enterprises in the country.