Monday, 16 May, 2022
TopicPublic Sector Undertaking

Topic: Public Sector Undertaking

Our oil sector is dominated by financially strong PSUs. Monetisation may not benefit it

Oil PSUs are not really dependent on the proceeds from asset monetisation for raising resources for the new infrastructure projects planned by them.

Modi govt scheme has reduced tax disputes by nearly 30%, but big cases still pose headache

Central PSUs have used the Vivad Se Vishwas scheme to settle relatively larger-sized disputes. But private sector and others have used the scheme to only settle low-value disputes.

India’s ‘headless PSU’ problem — top posts at 15 PSUs are vacant, some since 2017-18

The Public Enterprises Selection Board, tasked with advising the government on such appointments, has itself been headless for more than six months.

Govt always makes efforts to revive potential PSUs, says Prakash Javadekar in Lok Sabha

During Question Hour in Lok Sabha Tuesday, the public enterprises minister further said his government has approved the revival, merger, or restructuring of some PSUs.

Vajpayee turned around the fortunes of Vizag Steel Plant, so can Modi. Stop privatisation

In 1966, when Indira Gandhi decided against having a steel plant in Vizag, it was seen as an insult to the Telugus.

On Camera

YourTurn

Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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