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                 10 September, 2002
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Your Views                                                                                    Disclaimer

Govt Should Not Do Business


Fri Sep 6 22:06:31 2002
Name:Garu
Email:savagesage@rediffmail.com
Your Views:Neo-classical economics is more like a religion. It tells you its path to truth without any evidence. It is a dogma. But its practice seems much worse. When privatisation was initiated we were told PSUs have become a liability as they do not make profits and there is no incentive so they are inefficient. Sounds logical! But we were told therefore the loss making PSUs would be privatised so that the private sector would make them efficient and profit making contributing to social welfare in the end. But in reality none of the sick units are being privatised. It is profit making PSUs that the private sector is buying. And privatisation implies there would be no service motive. Isn't profit making, service motive driven production better for poor societies like ours than Profit making, profit motive driven production? So why then are we privatising profit making PSUs. If the answer is to let it make more profits! Then the question is why and for whom? The reality however is more like a conspiracy theory with the World Bank crooks sitting on the heads of policy makers and black mailing them. The choice is between democracy branded by World Bank as populism and growth.

Fri Sep 6 22:20:15 2002
Name:R
Email:r@rediffmail.com
Your Views:the government has been selling the family silver for the price of junk metal. And what are they doing with the money? nobody knows! It is fine to privatise but the actual value of the company. It seems there is some underhand deals happending here as well.


Fri Sep 6 22:45:26 2002
Name:k v varma
Email:viswavarma2001@yahoo.com
Your Views:G O I can plan a strategic Petroleum Reserve like USA. we build very deep caverns and store an estimated 6 months requirement of the country including the reqmt of the defence forces in action


Sat Sep 7 00:45:10 2002
Name:B.V.Rao
Email:bvrao80@rediffmail.com
Your Views:Government should not do business. They have other priorities.Production,distribution and selling are to be carried out by private people.Government may have little control over the private hands.But doing business is not the main business of any government.Privitisation is the only way for any country to progress.You may find at present all government business centrers are the breeding centers for corruption, inefficiency and indifference. Employees have habituated for easy money. We have to put an end to it. For that privatisation of all PSUs is the bvest solution.


Sat Sep 7 12:44:22 2002
Name:G Mookerjee
Email:mookerjeegautam@rediff.com
Your Views:Privatisation is the buzzword introduced by the so many consultants appointed.But this hardly applicable to the Indian economy.Until we reach the take-off stage for revolutionising our way of life,privatisation will do more harm.Even the British are beginning to realise this now.Our bureaucrats who have little knowledge and our Ministers who understand very little are swayed by these and chirp from time to time.They are only accelerating our race to total ruin.


Sat Sep 7 16:12:11 2002
Name:Richard
Email:richie_bernard2000@yahoo.com
Your Views:I would be denying the fact, if I say India needs to be privatized, because the latest developments in the global economy prove to India the significance of privatisation. India, on the other hand realised the global fact, and has been conflicting to bring a lot of change in their international trade and investment policies in order to remain globally comepetitive. However, the lack of globalisation policies, lack of vision, lack of a strong political leadership, put India, not to be globally competitive in various sectors. Let us have a consideration of government sector in assisting for the economic growth of the country. Nontheless to deny and to say, governemnt sectors have been managing their role and absolutely and pathetically not showing any improvement in their counterpart. Most of our political leaders do not possess any vision for the growth of our country, however, they most bother for their monetary benefits. IT industry has enhanced our image in the worldmarket and contributed a lot to the economy due to privatisation. If India remains to be globally competitive: Encourage privatization, Get rid of non-performers, and Implement strong trade policies.


Sat Sep 7 16:50:10 2002
Name:baikunthatripathy
Email:baikunthatripathy@hotmail.com
Your Views:Yes privatisation is good for India


Sun Sep 8 12:20:32 2002
Name:pavan meda
Email:pavan_meda@hotmail.com
Your Views:The PSUs must be privatised, not just for the money the Govt is getting but to put an end to the buearocracy. Any PSU in India (except for BHEL etc.),if its making profit, is either due to monopoly or other policies or for the unaffordable infrastructure. Most of the people simply "dont work" and enjoy every benefit. we hardly find any PSU come and stand as a competetor in an the global aggressive market. Inspite of all these, some still make losses and the politicians and unions are trying to protect their mean and selfish interests in the name of resistance to privatisation. Let our country become more friendly to entrepreneurs, whether Indian or foreign. Lets be strong and courageous to face any competition for the good of economy and society.


Sun Sep 8 14:34:53 2002
Name:Sandeep Ubhaykar
Email:san_ubhay@rediffmail.com
Your Views:Yes, PSUs should be privatised. No, Shourie is not selling the family silver. Yes, privatisation is hostage to politics. All the more reason why Shourie's hands should be strengthened and no delay shlould be brooked in the privatisation of PSUs. Oil PSUs should not be allowed to bid for BPCL and HPCL, because it would be tantamount to robbing Peter to pay Paul. The purpose of privatisation is to do away with government control over PSUs and to generate revenues which can be used by the government to increase spending (to give a kickstart to the economy) and to invest in education, health and infrastructure.


Sun Sep 8 21:06:46 2002
Name:Sankaran
Email:sankarans@vsnl.com
Your Views:I think that the Government should build in safeguard by way of a longterm agreement where good corporate governance would be assured. This will help government dilute the corporate management in private hands in respect of the profit earning PSUS. Something on the lines of Build - Operate - Lease -- Own should be worked out.


Mon Sep 9 08:51:24 2002
Name:rama
Email:ramasingh15@rediffmail.com
Your Views:yes psus should be privatised.this is the only solution to healthy growth in economy . inconveniences will be short term and short term remedies can be worked for them that is to say the worst affected lot for whom it is a bread and butter question can be provided some relief in terms of time/money/alternaives.Of course this may be easier said than done.But one has to attempt to achieve.


Mon Sep 9 10:12:32 2002
Name:G Mookerjee
Email:mookerjeegautam@rediff.com
Your Views:Privatisation or status quo,it is the attitude of the employees,the supervisors and the Management which matters.Where there is so muchindiscipline, inefficiency and corruption in all walks of life, the result will only be more chaos and confusion.Look at what has happened to the Electricity Boards in Orissa and New Delhi.And what about CESC in Calcutta?


Mon Sep 9 10:55:25 2002
Name:b c dolia
Email:bcdolia@vsnl.net
Your Views:the decision not to go in for disinvestment indicates the government's shortsightedness in taking decisions for the satisfying the ego of a few politicians. Did'nt the points raised by a few politicians come 3 months ago when the cabinet decided inprinciple for the disinvestment? this shows how the regime can ignore the country's welfare andprogress by stooping down to abysmal dephts to cling to power. it is indeed a very sad day for the country.


Mon Sep 9 11:37:20 2002 Mon Sep 9 12:50:15 2002
Name:Vivek Sharma
Email:viveksharma020@indiatimes.com
Your Views:Before privatising the profit making PSUs,the government should try to get rid of loss making PSUs.They are a burden on the exchequer and have result in a great amount of financial loss for the government. Privatisation is not the panacea for all the ills in our economy.There is an urgent need to revamp PSUs.Corporation Bank and SBI are two PSUs making profit and doing well but then there are banks like UBI,Indian Bank who are incurring great loss.We can ask loss making banks to imbibe the policy and programmes followed by successful banks and thus march ahead on the path to success. It is true that the role of government has started diminshing in the era of privatisation.But in a country like India where a large section of society is deprived of basic needs,privatisation is not always is the right option. BPCL and HPCL should be sold not to a strategic partner but to the public.If the government finds that there are not enough takers for the shares of these companies,then only it should them to a strategic partner. PSUs who are doing well currently have been made so by years of effort on the part of its employees.The government should not sell them cheap.


Mon Sep 9 13:46:34 2002
Name:sanjay
Email:san_ree2001@rediffmail.com
Your Views:yes, PSUs should be privatised but not cash generating one. yes,oil psu be allowed to bid for BPCL and HPCL


Mon Sep 9 14:24:08 2002
Name:RANJEET
Email: ranjeet_gill@indiatimes.com
Your Views:Yes its good for india to privatize oil companies


Mon Sep 9 14:45:53 2002
Name:Raajesh
Email:araajesh@rediffmail.com
Your Views:Yes, the drive for Privatisation of PSUs should be encouraged in right earnest. This would create an healthy competetive environment and promote the movement of quality products in the market. All profit oriented PSU's should be privatised.


Mon Sep 9 16:27:35 2002
Name:gopal
Email:gopal@vsnl.net
Your Views:privatisation of PSUs had been the main policy of BJP govt for which all the cabinet ministers did'nt oppose their views for not to privatise the psus. This includes the defence minister g.fernandes Now it is quite amazing that govt shld not privatise any psus. Had the view of not privatising the psus is sincere, he should have raised his opposition while other psu sector like bsnl, balfour etc., was privatised. No it shows that g.fernandes is building a path for the forth- coming elections at centre which is due to take place by 2004, for which it seems he is not interested to have tie with bjp. The main agenda of NDA party is to encourage swadeshi. But after the NDA had form the govt, all their policies had gone to dist bin. So at least at this fag end of time it is better not to privatise anymore psu sector like what was done as i said before.


Mon Sep 9 16:51:10 2002
Name:C.GOPALAKRISHNAN
Email:c.gopalkrishnan@godrejcp.com
Your Views:Since the petroleum sector is an important one and very critical in times of war and such emergencies, the controlling stake should remain with the Govt.


Mon Sep 9 17:17:43 2002
Name:amor sing hanse
Email:sarkleng@rediffmail.com
Your Views:Yes, as it is proposed the two company should be privatise. becouse govt.enterprises are at the lost making profit list.so,my view on this is that I fully support the govt. on this issue and the govt. should go ahead with its plan.


Mon Sep 9 18:06:38 2002
Name:Girish Bhatia
Email:girish4971@hotmail.com
Your Views:The postponment of disinvestment in HPCL & BPCL is a clear indication of double standards of politicians. The people who think the disinvestment in these sectors will result in any kind of monopoly are highly mistaken.We the people have the right to know what exactly the reasons are.What the motive of the politicians are make us feel the right attitude of theirs towards the duty.If George Fernanded has got the say in disinvestment matter has Shourie got the right to say in the matters of Defence.The stock market will not take this lightly and future prospects of disinvest are bleak.


Tue Sep 10 10:19:14 2002
Name:priyal
Email:p_priyal@rediffmail.com
Your Views:the argument against privatisation talks about the fierce competition and division of economy in a disproportionate manner. the so called socialists argue about the increasing rift between the masses and the classes. They for sure can not see on fact that the best managed organisation at this point of time are the private companies. And the companies which have a track record of mis appropriations are the ones which took advantage of the rules and regulations and cashed on short term profitering. the situation in the governement run firms is no better. Government employees take it for granted that once they become a part of a govt company, they need not work for lifetime. The need of time is to change the menatality of people. Those who are opposing the privatisation moves are not those who are worried about the future of the country, but those who see trouble for their long established habits of complacency. And those who bagged the govt contracts for years and never completed the work. The competition from the privatised firms will bring in the much needed professionalism. Government should decide the fate of the suckers now.But for sure, BJP which itself is a sucker, wont do it.


Have you posted your views?

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