For a government that was supposed to be business-friendly, the Modi administration has shown little or no understanding of what businesses actually want, as proved by the conditions set for AI sale.
Worldwide, there has been a shift from 'personnel' to 'HR' and focus on performance development, appraisal systems and employees’ professional development.
The Union cabinet is expected to take a decision on disinvesting in chronically sick state-carrier Air India this month and Niti Aayog Vice Chairman Arvind Panagariya is reported to have cited the privatisation experience of British Airways, Japan Airlines and Austrian Airlines as case studies. Here's a look at what they went through and how they are faring today.
NIKHIL RAMPAL
New Delhi: The impact of Operation Sindoor extended far beyond the battlefield as aerial battles continued in the stock markets. After India carried out...
New Delhi: The impact of Operation Sindoor extended far beyond the battlefield as aerial battles continued in the stock markets. After India carried out...
The Chinese use Pakistan as a cheap instrument to triangulate India between them. It is safer to presume that the Chinese now see Pakistan as an extension of their Western Theatre Command.
The views expressed in this article are correct even though I feel that the author has been a bit soft on modi. Its not just modi but his entire team which has zero capability. Witness the international debacle of “STREANH”. Its time modi stopped making a laughing stock of India around the world.
Current governance has signaled unfriendly towards businesses by imposing GST & aadhar acts without assessing dominating adverse impact of these two acts.
Air India was low hanging fruit. It ought to have been put on the block in the first year itself. The unexpected fall in oil prices would have given the process a little help. It is beyond the capabilities of a single efficient bureaucrat like Mr Lohani to turn it around. In fact, the government’s dominant view has been that there is nothing wrong in the public sector, per se, it just needs better management which it felt it had the capacity to provide. 2. One foresees a situation where this business will not get sold, even with fewer restrictions. The government might simply have to shut it down, pay off the employees, assume its humongous debt – which would never have reached this level if successive governments had not delayed the inevitable. Piecemeal disposal of its assets would reduce the size of the final write off.
The views expressed in this article are correct even though I feel that the author has been a bit soft on modi. Its not just modi but his entire team which has zero capability. Witness the international debacle of “STREANH”. Its time modi stopped making a laughing stock of India around the world.
Current governance has signaled unfriendly towards businesses by imposing GST & aadhar acts without assessing dominating adverse impact of these two acts.
Air India was low hanging fruit. It ought to have been put on the block in the first year itself. The unexpected fall in oil prices would have given the process a little help. It is beyond the capabilities of a single efficient bureaucrat like Mr Lohani to turn it around. In fact, the government’s dominant view has been that there is nothing wrong in the public sector, per se, it just needs better management which it felt it had the capacity to provide. 2. One foresees a situation where this business will not get sold, even with fewer restrictions. The government might simply have to shut it down, pay off the employees, assume its humongous debt – which would never have reached this level if successive governments had not delayed the inevitable. Piecemeal disposal of its assets would reduce the size of the final write off.