Home Business View: It's high time for the government to quit the PSU business

View: It’s high time for the government to quit the PSU business


India’s strategic aims don’t require public possession of manufacturing of products and providers. They could nonetheless require authorities help, however from the surface.

Synopsis

Even early within the pandemic, it was personal enterprise that rose to the event and mass-produced private safety tools (PPE) kits, masks and different medical tools, which had been both in brief provide or not made in India in any respect. But, GoI believes that some corporations might serve a strategic objective.

As a part of its Atmanirbhar Bharat reform bundle, GoI took a daring, inprinciple choice to exit from a majority of public sector undertakings (PSUs), retaining a number of in some strategic sectors solely. One wonders if the federal government has had second ideas about retaining these ‘strategic’ enterprises after Prime Minister Narendra Modi’s latest tour of three corporations on the forefront of creating and commercialising vaccines for Covid-19 in India.

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

Register to learn the complete article

You’ve received this Prime Story as a Free Reward

Already a Member?

Why ?

  • Sharp Perception-rich, Indepth tales throughout 20+ sectors

  • Entry the unique Financial Instances tales, Editorial and Skilled opinion

  • Clear expertise with
    Minimal Adverts

  • Remark & Have interaction with ET Prime neighborhood

  • Unique invitations to Digital Occasions with Business Leaders

  • A trusted group of Journalists & Analysts who can greatest filter sign from noise





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Court filings show that Epic committed $444M on "minimum guarantees" for game developers that release on Epic Game Store but stay off of Steam...

Tyler Wilde / PC Gamer: Court docket filings present that Epic dedicated $444M on “minimal ensures” for recreation builders that launch on Epic...

Google expands Lens beyond mobile by rolling it out inside Google Photos for the web, allowing desktop users to copy text from images using...

Will Sattelberg / Android Police: Google expands Lens past cell by rolling it out inside Google Pictures for the online, permitting desktop customers...

Realme 8 6GB + 128GB Storage Variant to Go on Sale in India: All the Details

Realme Eight 6GB RAM + 128GB storage variant will go on sale once more at this time, April 13, at 12pm (midday). The...

Cloudflare says Cloudflare Pages, a tool it announced in December 2020 for easily developing and deploying websites, is now available for everyone (Rita Kozlov/The...

Rita Kozlov / The Cloudflare Weblog: Cloudflare says Cloudflare Pages, a software it introduced in December 2020 for simply creating and deploying web...

Recent Comments