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.
Mallikarjun Kharge, the former leader of opposition in Lok Sabha, has criticized the present government for its adverse impact on Public Sector Undertakings (PSUs) in India. Here are some of the points elaborating on Kharge's statement:
  • 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.
Overall, Kharge's statement suggests that the Modi government's policies have had an adverse impact on the functioning and growth of PSUs in India.
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