Here are the challenges faced by the Indian PSUs under the current government and the statement of Mallikarjun Kharge regarding the decline of the Public Sector Undertakings (PSUs) under the Modi government: Challenges faced by Indian PSUs:

• Intense competition from private companies.
• Bureaucratic hurdles and lack of autonomy.
• Outdated technology leading to inefficiency.
• Lack of innovation and risk-taking.
• Lack of strategic vision and long-term planning.
• Monopolistic or oligopolistic market structures.

Statement of Mallikarjun Kharge:

• Mallikarjun Kharge, a senior Congress leader, recently stated that the Modi government has failed to revive public sector undertakings (PSUs) in the country.
• He highlighted that several PSUs such as BSNL, Air India, HAL, and MTNL have seen a decline in their market share and profitability in recent years.
• He blamed the government's policies, including disinvestment and privatization, for the decline.
• He also criticized the government's handling of the COVID-19 pandemic, stating that it has further weakened the PSUs.
• He emphasized the need for the government to take immediate steps to revive PSUs and ensure their long-term sustainability.

Overall, the Indian PSUs face various challenges and require significant reforms to remain competitive and sustainable in the long run. The government needs to implement policies that incentivize innovation, modernization, and risk-taking, while also providing adequate autonomy and support to these entities.