The entry of PSUs into mega tender ‘reserved’ for private industry is a symptom of continued protectionism. It’s a challenge the government has to tackle.
Govt release credits minister Sitharaman for promoting Make in India in defence sector; ministry sources say this could be because ‘final version’ has now been approved.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
What kind of article is this? It does not seem to be well researched. If the PSUs are winning in the competitive bidding, what is wrong with that? If the performance is bad, there are (should be) provisions under the contract to make such PSUs liable. The private sector has to invest a lot in these sectors instead of waiting for the government to offer sops to them.
Please come up with articles with more rigour. Do a follow-up article on whether the defence ministry is actually penalising these PSUs under the contract for under-performance.
Why Pvt companies, which are competitive, are so fearful of competition? It appears that above action was taken by the government without thinking through the legal aspects the action would have raised. Now that, Shri H C Gupta, IAS(Retd.) has been convicted for making available the government resource for private gain, though for no returns to him or others, the government appropriately decided to act within the realm of fair play.
What kind of article is this? It does not seem to be well researched. If the PSUs are winning in the competitive bidding, what is wrong with that? If the performance is bad, there are (should be) provisions under the contract to make such PSUs liable. The private sector has to invest a lot in these sectors instead of waiting for the government to offer sops to them.
Please come up with articles with more rigour. Do a follow-up article on whether the defence ministry is actually penalising these PSUs under the contract for under-performance.
Why Pvt companies, which are competitive, are so fearful of competition? It appears that above action was taken by the government without thinking through the legal aspects the action would have raised. Now that, Shri H C Gupta, IAS(Retd.) has been convicted for making available the government resource for private gain, though for no returns to him or others, the government appropriately decided to act within the realm of fair play.