The following booklet is titled “The Public Sector – A Manager’s Report”. The text, which discusses the major problems faced by the public sector, is derived from the Eleventh A. D. Shroff Memorial Lecture delivered by Air Chief Marshal P. C. Lal (Retd.) under the auspices of the Forum of Free Enterprise in Bombay on 4th November, 1976. Air Chief Marshal P. C. Lal begins his lecture by describing the state of the Indian economy at the time of independence, which led to the creation of the public sector with an aim to increase production while maintaining the equitable distribution of wealth and resources. From the perspective of an experienced manager, he then goes on to pinpoint the various factors like the scarcity of managerial talent, lack of mutual trust between the workers and the management, procedural delays and the absence of an innovative R&D sector, which have led to a great deal of inefficiency within the public sector. Thus, this text not only serves as a primer to the Indian public sector but it also identifies the various steps that can be taken to boost the sector’s calibre, and raise the standard of living of the common man.