Subjecting public sector companies to a process similar to the kind private ones faced would force the govt to explain why it continues to pour money into these bottomless pits, writes T N Ninan
PM's claim of a turnaround lacks conviction
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
The bodies that monitor PSEs are designed essentially to monitor the functioning of the government and not commercial activities