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.
Former CEO Howard Schultz once told shareholders those who opposed his support of same-sex marriage were free to invest elsewhere. But now, CEO Brian Niccol seems to be selling Starbucks as a place that just, well, sells coffee.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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.