The time is right for the Government to offer loss-making PSUs on lease
to professionals from both domestic and international markets and make
them contribute to the economy in a big way. Taxpayers’ money cannot be
allowed to be drained through these white elephants and the investments
made in the PSUs have to show returns in terms of employment,
production, revenues and growth in GDP. The Government has the backing
of the masses and it is committed to good governance and bringing in
efficiency in the management of the economy.
TV Gopalakrishnan
(This letter appeared in BL dated 12/11/14).
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