How has Modi government affected Public Sector Undertakings (PSUs)
Examine the statement made by Mallikarjun Kharge about the present government's impact on PSUs in India.
- The Modi government has been promoting privatization and disinvestment of various PSUs, which has resulted in a decline in their held shares and market value.
- Kharge has also criticized the government for its mishandling of Air India, which has seen major losses ever since it was taken over by the government.
- Kharge has also pointed out the government's poor record on the creation of new jobs, which directly impacts the employees of these PSUs.
- The government's decision to merge several PSUs has resulted in the retrenchment of workers which directly impacts the labour force of the country.
- The present government has also reduced the allocation of funds to PSUs, which has negatively impacted their growth and development.
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a year ago