Govt to shut down Air India, MTNL, HMT & few sick units

[Koovie]

Getting rid of unprofitable PSU`s is a great move... but why not privatize them?

 

[Bornubus]

What is HMT...half mind topa...?

 

[NKVD]

No offence but who gonna pay the debts and YOY loss which they incurred thanks to congressi rule. Why should tax payer bailout for their inefficiency? And one more thing you might have political differnce but we represent India here. Try to be civilized and mature Indian.


No most of the unions are either CPI or Kongressi.

MTNL has BMS union in power
So I don't think they will dare to touch that last year they get bailout pension package by ministries.

 

[ravi kiran]

great shut them down.

 

[magudi]

No offence but who gonna pay the debts and YOY loss which they incurred thanks to congressi rule. Why should tax payer bailout for their inefficiency? And one more thing you might have political differnce but we represent India here. Try to be civilized and mature Indian.


No most of the unions are either CPI or Kongressi.

Dude am an Indian also

I ask of you this

Don't be a blind bhakat

Pls think logically

I know some on this thread will now call me anti national/terrorist/Traitor etc

But please think

What right Modi has to sell of stakes in something that have been growing through blood and sweat of thousands

He or his party was never involved in any business of these PSUs and yet they want to now sell off for pleasure

First they tried to forcibly take land of our poor farmers for corporates and now this?

Please be a logical Indian, i appeal

What are gonna have in place of Air India? Will we be left without a national carrier?

 

[Ronin]

No chance of closing air India
They may sell a small stake at the most

 

[janon]

But please think

What right Modi has to sell of stakes in something that have been growing through blood and sweat of thousands

He or his party was never involved in any business of these PSUs and yet they want to now sell off for pleasure

If they sell it off, who do you think the resulting money would go to? To Mr Modi, or to the Indian public?

And btw, when they make thousands of crores of rupees' loss every year, who's money do you think is getting lost? Mr Modi's, or the Indian publics?

What do you want Modi to do? Keep those useless PSUs running, and keep the incompetent management and staff happy by giving them crores of taxpayers' money? Or would you rather sell them off to private enterprise, and stop the yearly losses, and also raise some money for the taxpayers?

 

[NKVD]

If they sell it off, who do you think the resulting money would go to? To Mr Modi, or to the Indian public?

And btw, when they make thousands of crores of rupees' loss every year, who's money do you think is getting lost? Mr Modi's, or the Indian publics?

What do you want Modi to do? Keep those useless PSUs running, and keep the incompetent management and staff happy by giving them crores of taxpayers' money? Or would you rather sell them off to private enterprise, and stop the yearly losses, and also raise some money for the taxpayers?

There are many glitches in your part for eg MTNL have effective management but not support of the govt.they thrown them into competition with heavy weights like Vodafone & reliance & other without unskilled & training and technical upgrades for their management and labour's

Top class beaurocrats of these psu are mainly involved in corruption with private player's if don't know they are paid agents of these Corporate's who 24x7 Hungry to acquire govt PSu's.

There are many layer in it we should not follow full capitalism policy let it be some socialism also.

I don't find any private player offering better internet plans than MTNL in Delhi although they lack services mainly due to they are not upgraded well or have technical support like these multinational Firm's has because govt never bothered to look after them.

 

[janon]

There many glitches in your part for eg MTNL i have effective management but not support of the govt.they throw them into competition with heavy weights like Vodafone & reliance & other without unskilled & training and technical upgrades for their management and labour's

And what is wrong in throwing them into the competition? Perform or perish.

If MTNL is owned by a private company, all the problems you listed would vanish. They will try to make their workers and management competitive by training them and paying them properly. When you do business with your own money, you will make sure it succeeds. But the govt does business using other people's money. That is why govt has no business doing business.

There many layer in it we should not follow full capitalism policy let it be some socialism also.

It's not "capitalism v/s socialism", the question is about govt business or private enterprise. Govt is not elected to run businesses and industries - that is what businessmen and industrialists are for. Any private company that has been making thousands of croress of losses every year (like air India) would have ceased to exist long back. But when Air India makes a loss, all they need to do is take money from the people's taxes to pay their own salaries.

Top class beaurocrats of these psu are mainly involved in corruption with private player's if don't know they are paid agents of these Corporate's who 24x7 ready to acquire govt PSu's.

And that is always going to be the case, for govt servants running businesses. What interest do they have, to see that the company flouurishes? If they make a huge profit, they don't get that money. If they make a huge loss, they don't pay out of their pockets. OTOH, when it is private enterprise, their paycheck depends on how well the company performs.

 

[NKVD]

And what is wrong in throwing them into the competition? Perform or perish.

If MTNL is owned by a private company, all the problems you listed would vanish. They will try to make their workers and management competitive by training them and paying them properly. When you do business with your own money, you will make sure it succeeds. But the govt does business using other people's money. That is why govt has no business doing business.


It's not "capitalism v/s socialism", the question is about govt business or private enterprise. Govt is not elected to run businesses and industries - that is what businessmen and industrialists are for. Any private company that has been making thousands of croress of losses every year (like air India) would have ceased to exist long back. But when Air India makes a loss, all they need to do is take money from the people's taxes to pay their own salaries.

Really last time vnsl acquired by tata they thrown out all management and labour's working in the company

Private companies are profit making machine please !!!
They concerned more about profit.

MTNL is working efficiently there PLANS are best in the market all they lack is technical upgrades. & skilled labour
They should get revival package they never got it.

govt should do business which effect the masses socially
whether it running business or other things

Ps: do you know that gujrat 24x7 electricity is credited to a state run PSU so by your logic it should be also privatised. There are many examples coal India etc.

 

[ashok321]

Adani & Ambanis will bid.

 

[unbiasedopinion]

They have systematically killed these units....They have first let these companies rot from inside. All the employees in these companies had secret contracts with the corporates and these employees in turn intentionally switch off or provide delayed services to the customers. This has created the negative image of these companies and thus leading to decline in consumer base as the customer had no other option but to move to the corporates..

 

[Screambowl]

air India is the best .. and I always travel by air india..

 

[NKVD]

They have systematically killed these units....They have first let these companies rot from inside. All the employees in these companies had secret contracts with the corporates and these employees in turn intentionally switch off or provide delayed services to the customers. This has created the negative image of these companies and thus leading to decline in consumer base as the customer had no other option but to move to the corporates..

Yes I have work in MTNL in myself as intern few years back I have seen how they work top beaurucracy of the company was Sellout to the company

The govt not even Upgrade skills of these companies labour is willing to work but not have proper equipments provided by company due to lack of funds.

You right when you say these companies are purposely neglected.

 

[janon]

Really last time vnsl acquired by tata they thrown out all management and labour's working in the company

Why do you think they did so? Take a guess.

Private companies are profit making machine please !!!
They concerned more about profit.

That's precisely what they should be concerned about. Many PSUs are loss making machines, which is why they ought to be shut down.
Profit ---> People get richer.
Loss ----> People get poorer.

MTNL is working efficiently there PLANS are best in the market all they lack is technical upgrades. & skilled labour
They should get revival package they never got it.

If they are working efficiently, they should make a profit on their own, and shouldn't get a revival package from the taxpayers. Do private companies get revival packages at taxpayers' expense?

govt should do business which effect the masses socially
whether it running business or other things

Not when private industry can do a much better job, deliver the same service more cheaply and make a bigger profit. The cost to the nation is huge, due to these loss making PSUs.

Ps: do you know that gujrat 24x7 electricity is credited to a state run PSU so by your logic it should be also privatised. There are many examples coal India etc.

No. By my logic, loss making PSUs should be privatized, especially when there are private companies that do a much better job. If that PSU is doing a good job I wouldn't want to privatize it, at least not as a priority.

BTW, do you know that in countries where everything is private including the production and transmission of electricity, there is usually never a village or town that doesn't get power 24/7/365? In the USA, electricity is delivered by corporations like PG&E, Comed etc. Most people never experiences a power failure in their lives, and there is no home without power. There is no way the govt can run a business that effectively. Here after 65+ years of independence, the govt has not finished connecting all villages to the electricity grid, forget about continous supply.

There are many examples coal India etc.

Coal India? Are you seriously citing that as an example of govt success?

In any case, at this point the govt is only contemplating selling off five loss making PSUs, not every single PSU. So this discussion of whether govt should do any business at all is unnecessary.