Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.
ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
Myself being a public sector technocrat serving an important department of the government of West Bengal at a reasonable important level for two decades , I can vouch for it that it is extremely difficult to successfully convert a public servant to private corporate entity as the environments for such two domains are world apart. But exceptions are there. My own father did shine ewually well in a multinational as an engineer consultant after his retirement as the Chief Engineer of one of the most important public sector departments. I also believe good government officers can make good entrepreneur if they retain their humility and enrich his/her own self with rare opportunity of learning overall administration which a private sector appointment being too specialized doesn’t provide. But there are several intoxicating features of public sector appointments that are overwhelming for mind and spirit encentering around power misuse as public sector jobs are at centres of power.Power corrupts like nothing else.
Is there a dearth of talent in our country? Why engage IAS, IFS and other Civil Servants retired or resigned from a government or semi government job? They must have got substantial superannuation benefits and get monthly pension. The pension also gets enhanced at periodic intervals on account of hike in dearness allowance / relief to compensate cost of living and up gradation of pension at periodic intervals along with wage revision of working employees. Why then these bureaucrats’ income be supplemented with packages running into lakhs and crores per annum? Why swell their purses, their personal wealth?
All said and done, all with the exception of five to ten percent (try to) influence directly or indirectly the current incumbents to the seat of powers to get all kinds of ‘jobs’ done, by ‘fair or unfair’ means. All these bigwigs should be, immediately, asked to relinquish their positions, posts.
Recently, GOI made selection from open market to the Joint Secretary level posts. (May it not be based on quid pro quo?!)
There are hundreds underemployed / unemployed talented persons in all fields (finance, commerce) of activities in our country. All corporate and other sector should engage “new blood” to manage important positions in their organisations through a proper process of selection. Those with some minimum qualification, knowledge and experience could be inducted into board-level posts. All could be hired at half or less than half the cost incurred presently on ex- civil servants.
It is better that all the retired and all tho senior citizens (60 and above) financially strong (who are in the income tax slab of 30%) engage themselves in social service. If this exhortation is carried out in letter and spirit, it would definitely help to solve unemployment problem to a great extent.
Ramanath Nakhate
This is a major cause of corruption
These officers help the corporate sector during their service and are rewarded after their retirement
Even after retirement they use there influence
Cool of period should be increased to 5 years and there should be no exception to it
Same should apply on judges also
They should be barred from becoming members of commission or tribunal for 5 yrs
Dr S Jaishankar, who served for three years as Foreign Secretary, is now with Tata Sons. 2. There is a lot of calibre and relevant knowledge and experience that individuals who have served at senior levels in the government, especially in economic ministries, possess. It can prove valuable to the corporate sector, if the intention is not merely to use them for networking. 3. The most difficult issue to resolve is how “ independent “ Independent Directors are. Like professional auditors, they owe their appointment and continuance to the management. In practice, not textbook theory, they are unlikely to tread on corns, ICICI Bank being the latest example.
This is called abject surrender of the country before the powerful coterie of bureaucrats. Dr Vijay Kelkar then Petroleum Secretary asked the accompanying chairman of the Gas Authority of India (Gail) that the person sitting opposite him, on behalf of the Reliance, seemed to be a familiar one. The Gail Chairman lost no time in telling the Petroleum Secretary that yes, he was the same person who a few years ago had signed an agreement with the Reliance as Executive Director of the Gail.
Another interesting sordid development that the bureaucrats and police officers in the country in inconvenient posting or cadres, in most of the cases the North-eastern states hardly serve their cadre and manage to mark their inning with the government by securing deputation to the Center, autonomous bodies or the study leave for studying in prestigious universities abroad. The steel frame of India has rusted.
Myself being a public sector technocrat serving an important department of the government of West Bengal at a reasonable important level for two decades , I can vouch for it that it is extremely difficult to successfully convert a public servant to private corporate entity as the environments for such two domains are world apart. But exceptions are there. My own father did shine ewually well in a multinational as an engineer consultant after his retirement as the Chief Engineer of one of the most important public sector departments. I also believe good government officers can make good entrepreneur if they retain their humility and enrich his/her own self with rare opportunity of learning overall administration which a private sector appointment being too specialized doesn’t provide. But there are several intoxicating features of public sector appointments that are overwhelming for mind and spirit encentering around power misuse as public sector jobs are at centres of power.Power corrupts like nothing else.
Is there a dearth of talent in our country? Why engage IAS, IFS and other Civil Servants retired or resigned from a government or semi government job? They must have got substantial superannuation benefits and get monthly pension. The pension also gets enhanced at periodic intervals on account of hike in dearness allowance / relief to compensate cost of living and up gradation of pension at periodic intervals along with wage revision of working employees. Why then these bureaucrats’ income be supplemented with packages running into lakhs and crores per annum? Why swell their purses, their personal wealth?
All said and done, all with the exception of five to ten percent (try to) influence directly or indirectly the current incumbents to the seat of powers to get all kinds of ‘jobs’ done, by ‘fair or unfair’ means. All these bigwigs should be, immediately, asked to relinquish their positions, posts.
Recently, GOI made selection from open market to the Joint Secretary level posts. (May it not be based on quid pro quo?!)
There are hundreds underemployed / unemployed talented persons in all fields (finance, commerce) of activities in our country. All corporate and other sector should engage “new blood” to manage important positions in their organisations through a proper process of selection. Those with some minimum qualification, knowledge and experience could be inducted into board-level posts. All could be hired at half or less than half the cost incurred presently on ex- civil servants.
It is better that all the retired and all tho senior citizens (60 and above) financially strong (who are in the income tax slab of 30%) engage themselves in social service. If this exhortation is carried out in letter and spirit, it would definitely help to solve unemployment problem to a great extent.
Ramanath Nakhate
This is a major cause of corruption
These officers help the corporate sector during their service and are rewarded after their retirement
Even after retirement they use there influence
Cool of period should be increased to 5 years and there should be no exception to it
Same should apply on judges also
They should be barred from becoming members of commission or tribunal for 5 yrs
Dr S Jaishankar, who served for three years as Foreign Secretary, is now with Tata Sons. 2. There is a lot of calibre and relevant knowledge and experience that individuals who have served at senior levels in the government, especially in economic ministries, possess. It can prove valuable to the corporate sector, if the intention is not merely to use them for networking. 3. The most difficult issue to resolve is how “ independent “ Independent Directors are. Like professional auditors, they owe their appointment and continuance to the management. In practice, not textbook theory, they are unlikely to tread on corns, ICICI Bank being the latest example.
This is called abject surrender of the country before the powerful coterie of bureaucrats. Dr Vijay Kelkar then Petroleum Secretary asked the accompanying chairman of the Gas Authority of India (Gail) that the person sitting opposite him, on behalf of the Reliance, seemed to be a familiar one. The Gail Chairman lost no time in telling the Petroleum Secretary that yes, he was the same person who a few years ago had signed an agreement with the Reliance as Executive Director of the Gail.
Another interesting sordid development that the bureaucrats and police officers in the country in inconvenient posting or cadres, in most of the cases the North-eastern states hardly serve their cadre and manage to mark their inning with the government by securing deputation to the Center, autonomous bodies or the study leave for studying in prestigious universities abroad. The steel frame of India has rusted.