Description

The non-performance of the public sector undertakings has long been debated and analyzed, not only by independent observers but also in the bureaucratic corridors. And volumes have been written about the underlying causes of their abominable performance and the probable remedies in the form of newspaper editorials and professional articles. Neither the State has been lagging behind in probing the malfunctioning of these white elephants, warranted by the magnitude of the investment in them and their drain on the national wealth; after all, the Department of Public Enterprises too had appointed umpteen expert committees for redressal but not for much