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'Make Shourie the PM'

It was a seemingly innocuous query we asked: whether India should sell its public sector units? If the response this question evoked from our readers is anything to go by, then the issue of PSU-sale is a matter of passionate discussion.

While a number of readers felt these PSUs are the 'pillars of modern India' and 'our family silver' and ought never be sold (except the loss-making ones), a majority thought these 'white elephants' need to be divested 'as soon and as efficiently as possible.' Some even felt that Divestment Minister Arun Shourie is doing a 'fantastic job' and must be made the prime minister of the country.

We reproduce below some of the responses the debate over divestment generated.

Sat Oct 5 16:21:24 2002
Name: Sanjay Pandit
Email: kavita@omantel.net.om
Your Views: No businessman in the world keeps on taking losses forever in this case the businessman is our country why should it keep on supporting the loss making enterprises when there first priorty is to provide food & shelter to all the citizens.

Sat Oct 5 16:24:28 2002
Name: jheyanandhan.B
Email: jheya@rediffmail.com
Your Views: Nonsense. Not at all.

Sat Oct 5 16:26:42 2002
Name: Pani
Email: pani@rediffmail.com
Your Views: Yes

Sat Oct 5 16:27:24 2002
Name: Dr. Anil Anand Pathak
Email: anil@fsm.ac.in
Your Views: i think the PSUs that are highly profit making should not be privatized. however, the loss making or sick PSUs should definitely be sold to the interested private parties. in case of profit making PSUs partial disinvestment could be done. and in case of loss making ones total disinvestment is required.

Sat Oct 5 16:29:26 2002
Name: Pritesh
Email: pritesh_shah@hotmail.com
Your Views: Let Goverment Do the Governing and improving the Infrastructure, Child Development, Increase Education & Provide Amenitites. Let Professional's Run the Business and Goverment has no business to run airline or oil companies etc.

Sat Oct 5 16:30:23 2002
Name: N. Sriram
Email: srinsriram@yahoo.com
Your Views: It may be painful to some but it should be done quickly and efficiently. That Shourie is handling it should be reassuring that all is above board.

Sat Oct 5 16:30:41 2002
Name: aMIT mAHAJAN
Email: AMIT55@ROLTANET.COM
Your Views: Yes you should sell PSU especially oil psu's . Because no group in the country has that kind of money to purchase them strategically. It will be foreign companies who will get an entry. Some organisation won't allow this to happen. Thanks

Sat Oct 5 16:32:14 2002
Name: Light of Sky
Email: lightofsky@softhome.net
Your Views: My view sell those PSU which are hard to maintain and not generating profits. Govt should keep the PSUs which are generating profits.

Sat Oct 5 16:32:51 2002
Name: parveen mehta
Email: parmehta@rediffmail.com
Your Views: we should sell PSU's because we can't stop interference by politicians and other influenced people. employees are also not sincere about their work and they are uneducated just like white elephent. all this is leading to inefficiency, delay of work, wastage of manpower, problems for simple man. we should sell them so that govt should be able to concentrate on social work and for the good things for mankind.

Sat Oct 5 16:32:53 2002
Name: nirankar
Email: nirankar7@rediffmail.com
Your Views: must keep the commitmnet made in front of World community and live up to the commitment of offloading the govt equity

Sat Oct 5 16:32:55 2002
Name: Apurva Shah
Email: apurva_shah@rediffmail.com
Your Views: There is no debate really. Only politics. I completely fail to understand why anyone should be against disinvestment other than for narrow self-interest. The issue is not about whether profit-making and so-called 'strategic' PSUs should be sold, the issue is whethers the ministries should be involved in policy formulation and regulation or in the running of business.

Sat Oct 5 16:33:17 2002
Name: parvez salim
Email: sahilbaba@lycos.com
Your Views: no , never , there should be no disinvestment in profit making psu like bpcl and hpcl, there should be disinvestment only in loss making PSUs.

Sat Oct 5 16:35:00 2002
Name: prasad
Email: prasad@rediff.com
Your Views: public sector should be in under government control only may be around 40% share can be given for private parties for competetive atmosphere. And should be audited the performance by independant body that body in position to target enen prime minister if they diverted the funds misuse.

Sat Oct 5 16:35:10 2002
Name: Abhijit
Email: abhix_c@yahoo.com
Your Views: yes we definitely should sell psus. As mr .russi modi had said long ageo:"the government has no business to be in the business".these psus offer employment to very few people who seldom work and ultimately the psu ends up guzzling taxpayer's money providing secure job to most incompetent and lazy people.

Sat Oct 5 16:35:12 2002
Name: Amal
Email: amal123@yahoo.com
Your Views: Dear Sir, First of all I take this opportunity to thank you for publishing this article on Disinvestment. I am a keen watcher of the reforms taken by the Indian Government and also an investor in equity markets. As far as the disinvestment process is concerned, the minister Mr. Arun shourie is correct in his own way.He should not let it go to be decided by others rather make them to accept the situation needs.With the help of selling PSU's the government will be able to acieve its 8% GDP growth as planned. So finally I conclude that Mr. Shourie take serious steps to take the disinvesment process ahead and make more foreign investments coming to India.

Sat Oct 5 16:35:31 2002
Name: Ramkrishna
Email: kforr@rediffmail.com
Your Views: We should sell the inefficient PSUs

Sat Oct 5 16:35:50 2002
Name: S. Kishor
Email: kishor_siri@rediffmail.com
Your Views: I don't think corrupted politicians and government employess can run PSUs successfully. What is the advantage in bearing such a huge losses for just a handful of corrupt persons. We better sell out all the PSUs as soon as possible so that they can be run successfully and to get some amount into the state ex-chequer.

Sat Oct 5 16:35:59 2002
Name: Srinivas P.
Email: srinu491@rediffmail.com
Your Views: Yes to Loss making units and No!! to Profit making units. Profit making sectors must be under the government.

Sat Oct 5 16:36:16 2002
Name: gopinathan
Email: ggnatrao@rediffmail.com
Your Views: Almost all the PSUs are thriving because of their monopolistic advantage. Once the monopoly is removed the PSU will turn sick. Monopolistic situation in any industry is not advisable.The view that profit making PSUs should not be sold of, will not stand, once the monopoly is removed as it will turn to a loss making company.So it is better to sell off the PSU companies immdtly. Besides, it is thru these PSUs that Naiks, Fernandes & others patronise the followers and the Beaurocrats.They oppose privatisation fearing that it will discontinue.

Sat Oct 5 16:36:19 2002
Name: s n Atreya
Email: sn_atreya@yahoo.com
Your Views: I would like to take the liberty of accusing our honourable? ministers opposed to disinvestment of being unpatriotic,selfish and backward looking.The need of the hour is for the government to post haste get out of Industry and concentrate on nation building.Any public figure who claims govt ownership of Industry does not have the interests of the country in their hearts.They represent only their narrow vested interests.

Sat Oct 5 16:37:05 2002
Name: Paras Jain
Email: p_jain31@rediffmail.com
Your Views: only those psu's have to sell which are running in loss, but if any PSU is getting net profit that should not be sold and selling procedure should be fair and person who is buying it, should be indian.

Sat Oct 5 16:37:24 2002
Name: sanchari chatterjee
Email: motee@rediffmail.com
Your Views: Disinvestment is not a bad idea, Government should not be selling bread, scooter and cars but there is something called strategic importance and it is as important as economic security. A weak nation with strategic dependence on some pirate MNC will always be lame -ready to buckle. The new geopolitical theory says that one who controls the source of energy will control the world. Why is Arab important to USA, why is central Asia on fire, it is because a huge tussle is on to control the oil and gas resources. Today, oil is bonding the old cold war rivals Russia and the United States who have recently signed an agreement intended to increase Russia's oil exports to the U.S. and loosen the grip of the OPEC over oil supplies and prices. Countries, which don't have resources, they allow companies from resourceful countries to come and sell. We are a country with vast human and natural resources it is not in our strategic interest to sell these potential gold mines. When the security dimensions are brought in, it becomes evident that the case for disinvestment in petroleum is losing ground.

Sat Oct 5 16:37:40 2002
Name: Prakash H Madival
Email: prakash@bom.mrplindia.com
Your Views: Divestment of PSUs is a must. However, the Government should keep in mind which are to be disinvested. Certainly not profit making units. Regarding oil sectors, this should not be disinvested because this will effect badly to the common people. Therefore, in my view only loss making PSUs should be disinvested.

Sat Oct 5 16:38:03 2002
Name: nirmal kochar
Email: jainkoch@cal2.vsnl.net.in
Your Views: the loss unit must sell and save further loss of govt.

Sat Oct 5 16:38:43 2002
Name: parshotam singh
Email: psmaini1948@yahoo.com
Your Views: You have no right to sell public property, if everything is sold year by year everything will finish in few years,then people will have nothing. in in hand to say it is our public property.if in any case u did this disaster to nation ,coming generations will feel looted by decoits in power.

Sat Oct 5 16:38:57 2002
Name: Narendra Pathuri
Email: narenpathuri@yahoo.co.uk
Your Views: Whether to sell PSUs or not? Yes We should sell our PSUs. But instead of selling all the profit making ones which are going to Fortune 500 we better concentrate on loss making ones whose land value is very much high than the value of other assets. The amount came from them can be used for both compensating the workers and also for national infrastructure development. It's not govt's job to produce butter or even tractors. It's the security of job to the employees of PSUs that is a major impediment to the national and industrial growth. Keeping in view the growing need for funds towards national highways, literacy, health, Power and irrigation sectors which provide enormous support to the farmers of this agriculture based country, I strongly prefer selling PSUs. But the focus should be on the NPAs of loss making ones and also the NPAs of banks. Whether to sell a PSU to another strategic partner or public should be decided based on a case-to-case basis. A single medicine cannot be prescribed to every disease. And in the selling of PSUs (as everywhere else), the leaders should take steps to eradicate Corruption. Of course, if the KING is CORRUPT, one can do nothing.

Sat Oct 5 16:39:14 2002
Name: sanjukta chatterjee
Email: sanju_1584@yahoo.com
Your Views: Very serious is the implication of disinvestment in regard to the objective "to build infrastructure for economic development and promote rapid economic growth and industrialization of the country." The public sector especially energy sector has in fact performed best in achieving this objective. In the energy sector, which has the highest multiplier effect, the public sector built the basic infrastructure for cheap and reliable energy resources The Indian Public Sector units have been rendered vulnerable with a plethora of policy measures that would put a colonial government to shame. While BHEL supplies equipment and NTPC provides power they are not assured payment but foreign competitors like General Electric and Enron are given guarantees and counter guarantees; in regard to tariffs and profit The public sector enterprises were set up for and sustained by certain stated policy objectives. The subversion of these objectives would undermine the economic sovereignty of the nation since they would remove the levers of control over the economy from the Government to MNC's and home governments. History testifies that the loss of economic sovereignty progresses to a loss of political

Sat Oct 5 16:39:21 2002
Name: anil samal
Email: anilk_samal@rediffmail.com
Your Views: I strong favour of selling the PSUs which are running into losses. But the profitable psu shouldn't. But incase of petrol the situation is deferent.As the govt can't think of selling the ordance snd mig factory for the security purpose,the petrochemical industry should be avoided from disinvestment.

Sat Oct 5 16:39:50 2002
Name: Mr.harsh parida
Email: Harsh_parida@rediff mail.com
Your Views: To make the PSU more competative it should sell of by the govt.Time has approuched In India that govt should decrease its role .More the load less the prograsse to the economy.

Sat Oct 5 16:40:07 2002
Name: a k diwakar
Email: diwakar_ak@ongcl.net
Your Views: they by doing so want to discrimate the right of down troden socity.Arun sorrie is tattally anty of deppressd class

Sat Oct 5 16:40:21 2002
Name: Sreenadh
Email: srbezawada@indiatimes.com
Your Views: Yes it is time governament moves away from running businesses and paying for their lossess from the tax payers money. Governament should focus on core activities like providing education, health, Water, Infrastructure etc. The crores of rupees that govt. keeps pumping into various loss making units is something we citizens should be concernd about rather than worrying aobut which business house is gonna get control of which PSU. If a Psu can be run profitably by a Private sector company it is better Govt. finds a suitable method to disinvest and hand over the management to them. There is absolutely no need for scores of words to be written and tonnes of paper be wasted debating this issue. it is high time self serving politicians steer clear from these public sector companies and allow them to survive. If we have a good officer who is capabel of running these companies profitably probably govt. shoould consider handing over such programs which need their capabilities to manage in various social welfare or infrasturcture development ares. May be it is high time govt use all the money that is likely to be generated by seeling these PSU's into the 'Garlanding of Rivers' project.

Sat Oct 5 16:40:24 2002
Name: laltoo
Email: laltoogay@rediffmail.com
Your Views: The petroleum and gas companies have been consistently contributing handsomely to the Central exchequer and have not for the last decade or more placed any kind of a serious demand on scarce investment resources. When the Central government is running not merely a fiscal deficit but also a major deficit on its revenue account, it makes little sense for it to dispose of assets that earn it a regular stream of profits. This would, to rehash the old analogy from prudent housekeeping, be akin to selling the family silver to pay for the groceries. The case for disinvestment, if at all, can only be made for assets that fail to yield revenues that cover costs incurred in their maintenance. Article 39 of the constitution calls for equal access to every person on the country's natural resources. Oil and gas are natural resources besides being of strategic importance. The school of thought favouring disinvestments says that these units have been making losses and have not been able to show returns on huge investments in them. The answer lies in the fact that no method has been devised neither in India nor anywhere to evaluate the social contribution made to the country by these companies.

Sat Oct 5 16:40:54 2002
Name: Sreenath
Email: sreenathku@sify.com
Your Views: YES,100%,WE NEED TO SELL OFF ALLTHESE WHITE ELEPHANTS,MAKE SHOURIE THE PM,HE WILL SEND A CLEAR AND SHARP MESSAGE TO ALL THE GOVT.LETHARGIC GUYS! SELL OFF !

Sat Oct 5 16:41:27 2002
Name: JDN Prasad
Email: jdnprasad@rediffmail.com
Your Views: We should not seel Oil companies since Oil plays very important role in Indian economy and in defense field. If we sell these compnaies there would be problem with external security. So we should not Oil companies.

Sat Oct 5 16:41:54 2002
Name: gautam rao
Email: gautamr2000@rediffmail.com
Your Views: there are vested interests who want India to be a third world country ,who want to control their own petty fiefdoms, who oppose disinvestment.Imagine retaining control over a closed PSU on one hand and on the other having 1000 schools training young indians to be self sufficient. The defence rests. Get on with it...we are already late.

Sat Oct 5 16:42:02 2002
Name: Ashish Doshi
Email: babin3@rediffmail.com
Your Views: I feel it is an absolute must to sell PSUs. Following are the reasons for the same: 1. The Governments Job is to Govern the Nation and not to indulge in making photofilms, cars, steel etc etc etc. 2. Most of the PSUs are loss making due to absolute mismanagement(SAIL), misuse be politicians(UTI), dismal productivity, high cost of operation abd many more such reasons. 3. Profit making concerns are making profit because of pure monoply that they have enjoyed because of closed market. For eg. Oil PSUs were given a guarenteed return of 12% annually on their asset base by the government. Therefore in such case assets were created by these PSUs by highly inflaating the asset cost so that they can higher return. Everybody was happy since balance sheet was looking good. There are many reasons such as above which cannot be sited in limited space available. I feel that by selling thses PSUs the government would benefit a lot by getting the much required funds which are really required for much needed causes in our country

Sat Oct 5 16:42:04 2002
Name: Good Citizen
Email: x@rediffmail.com
Your Views: At this point of time when India need a strong economical growth, there is no meaning of keeping the loss making PSU's and increase the burden on country. For the bettermment of Indian citizen only we need to go ahead for disinvestment of PSU's. Earlier the better.

Sat Oct 5 16:42:09 2002
Name: diwakar
Email: akd4mee@yahoo.co.in
Your Views: no i am not agreeing on this

Sat Oct 5 16:42:14 2002
Name: B B Gandhi
Email: bbgandhi@yahoo.com
Your Views: Few days ago, Mr. Arun Shourie was ranked as one of the finest ministers, which must have been un-comfortable for some lesser mortals in the ruling alliance. The opposition to the divestment of PSU is not only misplaced but also very harmful for the economy. These minister,who should have been working hard to perform in their respective ministeries to bring about positive changes in the country. But, alas, that was not to be. They have the guts to describe these PSU's as strategic. Were all the PSU divested so far were not strategic? What do they think about Maruti, Balco and HZL etc. Is SCI of any less importance than HPCL? Clearly, these guys have their facts wrong. The time has come to separate the governance from business. No doubt there was time, when state help was required for making huge investments. But times hhave changed. the Govt needs to concentrate on gvernance and leave the business to private sector. Look what happened to the performance of Balco or CMC, post privatisation. Clearly my vote is in favour of divestment of PSU's. B.B.Gandhi

Sat Oct 5 16:42:20 2002
Name: J.Satyanarayana Gupta
Email: Jakkasatyam@rediffmail.com
Your Views: For improved performance and to reduse governments burden I strongly recommend Disinvestment

Sat Oct 5 16:42:29 2002
Name: venkatesh
Email: bv_74@yahoo.com
Your Views: yes we have to sell PSU without harming the existing employees. every body knows how our PSU are working nobody working properly.no commitment in work,they r all forgot they r working for their family welfare also,no puncuality nothing most of the times they r talking to eachother for rubish stuffs. people working in PSU really afraid for not loosing the job they r really afraid of comming to office correctly and work,if they will not do so deff. they lose their job thats sure. but politicians has to exaplain everything to the people and clear them first.

Sat Oct 5 16:43:16 2002
Name: Mahesh N. Shukla
Email: mnshukla@hotmail.com
Your Views: Yes and no both. If we/our leaders/disinvestment-team can do this honestly, with-out corruption, the well planned disinvestment of currently profit making PSUs will be good for the country. This is because right now, govt will get higher money and also its more likely that these units will remain profit-making because of psychology of acountability in private-sector. Government may think of retaining small percentage of shares say around 15% in strategic sectors so that it may put its nominee in the board of directors to watch the situation at tough times(like war/natural-calamity) and also getting dividends in normal times.

Sat Oct 5 16:43:47 2002
Name: Rahul
Email: roy_rahul@yahoo.com
Your Views: Yes, It should be divested as these companies are not yielding as they are supposed to. Moreover there's not point of pumping the tax payers money unnecesserily.

Sat Oct 5 16:44:10 2002
Name: Arun Jetlie
Email: arun_jetlie@rediffmail.com
Your Views: The answer in three words for govt.to sell PSU's is YES.This is so when they can not handle the ministers and leaders of their own govt. then how they can manage PSU's, so better it is handled privately and funds gathered by that is utilised in a better way. THANKS.

Sat Oct 5 16:44:17 2002
Name: Jatt Boy
Email: bombay_jatt2001@yahoo.com
Your Views: We should go for Disinvestment to prevent our country from going to the dogs. People like G.Fernandes and Ram Naik should really be thrown out for holding the country to ransom. Their policies will take back India to the 15th century. Its high time people saw that the one and only way for india to prosper, iradicate poverty, increase litteracy and get our economy back on track is to move forward and to Disinvest. It's a pity that certain hawks do not let our country move forward for their own personal vested interests. It's a shame the worlds largest democracy has got to go down on its knees to a handful of of illiterate people in the Government who do not know the difference from good economic policies from populist policies as fielded by George Fernandes and company. These are illiterate people who themselves must be using all the possible imported goods when it comes to personal luxury. Damn these people and damn their policies. Give Vajpayee a free hand, and you see how we surge ahead and become a super power and a force to reckon with, economically, financially amd militarily.

Sat Oct 5 16:44:20 2002
Name: Raja
Email: rajavk@hotmail.com
Your Views: We must going in for disinvestment because you need more revenues and focus on technology. Raja

Sat Oct 5 16:44:56 2002
Name: P N Sathees Kumar
Email: pnsatheeskumar@yahoo.com
Your Views: PSUs are mainly commercial organisations required to work on commercial principles. Government's task is to govern fairly and not operate on commercial principles. Hence most of the PSUs should be privatised for the prosperity of the PSU and its employees and welfare of the consumers.

Sat Oct 5 16:44:58 2002
Name: sriman
Email: danamsri@yahoo.com
Your Views: yes.

Sat Oct 5 16:44:59 2002
Name: rajan khosla
Email: rajanrenu@mantraonline.com
Your Views: i am fully in favour of disinvestment of PSU's which are even profit making on the account that for future ,bcoz globally we are in need of leaner and meaner organisations and accountable sectors to enable them for profitability and also for time to come these organisations, which are showing profits today may not do so in future as the competition gets harder. the bureaucracy has to give way to management of these sectors

Sat Oct 5 16:45:36 2002
Name: Hitesh Shah
Email: hitesh311@rediffmail.com
Your Views: During the bull run when the Sensex touched 6000 mark we remained untouched by the golden chance of divesting stakes in PSu majors and even now when their share prices have already died down there is no hope from the govt. to sell them.I think the process should be met with immediate success in a very short span as it is better to get something rather than nothing. This would certainly lead to economic revival and another bull phase in the markets and in people's pockets too!

Sat Oct 5 16:45:51 2002
Name: Naveen
Email: ncgowda@rediffmail.com
Your Views: Yes. Its time the Government/Ministries stop wasting their time in petty management issues. It would be better if management is left to Managers and policy making to politicians. Instead of pumping fresh blood to sick PSU's, they can invest the same money in developing good infrastructure to boost any entrepreneurs morale. The government should also concentrate more on governmentising health and educational institutes. PSU's must be disinvested

Sat Oct 5 16:46:06 2002
Name: Shiv Kumar Yadav
Email: shivatgmr@yahoo.com
Your Views: I don't see anything wrong in the process of dis-investment (better not call it selling). The PSUs which has been sick for so many years despite the support from the center needs to be given a better shape. They need to show quality as well as profits. The management of most of these PSUs has been lethargic and it has been lethargic in all sick PSUs. Only few have been able to make a mark because of Demand and monopolistic nature. U can't drag a injured person any more coz he/she needs medical atttension. The dis-investment process brings able people in it and they are surely going to make profits as they have bought the unit and all its losses or profits are going to affect the owner. This will definitely bring a change in the HR policies and will gives better prospects to the employees. If it does not happen in one company which was PSU, it can't be taken as test case. Most of the PSUs has been sick and disinvestment will certainly bring a change in the view and road map of these companies. These PSUs has never worked in view of a target or capturing the market. They use to have market and present market does not help them any more. Politicians make it coz they will loose share.

Sat Oct 5 16:46:30 2002
Name: Shashi Kant Tripathi
Email: tripathi123@yahoo.com
Your Views: We should sell all PSUs .

Sat Oct 5 16:46:33 2002
Name: Amar Chandra Gupta
Email: guptaamar@hotmail.com
Your Views: Sir, Selling of PSU is a very good step else they are NOT improving, by selling or privatising these unit is a good I appreciate it. Like Banks,Insurance no doubt they are improving. Regards Amar Gupta

Sat Oct 5 16:46:43 2002
Name: Ch. Harnath
Email: harnathch@rediffmail.com
Your Views: Privatisation only leads to securing the wealth into a few hands and the objective of socialistic society will be defeated.The PSUs can be made more effective by introducing management techniques in functioning and earn more on profits for the undertakings than the temporary earnings for the ruling government.

Sat Oct 5 16:47:05 2002
Name: Keshav Rao
Email: keshav.rao@honeywell.com
Your Views: The people who have problems to sell the PSU, definately those people are self centered and having ill will. They do not want india to grow so that they can keep indian under their controls. Arun Shourie is doing great job and I strongly belive that these poor performing PSU should be given to private hand so that it may bring the opportunity for the people to grow.

Sat Oct 5 16:47:27 2002
Name: jaya sankar
Email: jayan2001@rediffmail.com
Your Views: Yes Because Govt. should not be in business They should concentrate on healthcare, education and social services

Sat Oct 5 16:47:28 2002
Name: pravin arora
Email: justvideo@rediffmail.com
Your Views: YES ALL PSUS NEED TO BE PRIVATISED,AS THERE IS PRIMARILY THE HIGHEST CORRUPTION IN THE PUBLIC SECCTOR BY THE GOVERNMENT ITSELF.THERE CANNOT BE ANY OTHER WAY TO PROTECT PUBLIC MONEY AND SAVE THOUSANDS OF TAX PAYERS TO KEEP SHELLING OUT MORE AND MORE EVRY YEAR JUST SO THESE SO CALLED PUBLIC SERVANTS CAN HAVE A FIELD TIME.

Sat Oct 5 16:47:44 2002
Name: manilal poladia
Email: manilalpoladia@hotmail.com
Your Views: it is wish of politician.not common man, if their holding BPCL&HPCL satisfactory level. then they will definitely go for Disinvestment. no dicusion is necessary. afterall paisa hi sabkuchh hai for them no national intrest.

Sat Oct 5 16:47:46 2002
Name: Sanjay Bhartia
Email: bhartia7@hotmail.com
Your Views: With a view to unlock value, optimum and meaningful utilisation of assets and resources, providing options to the consumer it is important that PSU's should be divested. The concept that profit making PSU's should not be divested appears to be unfounded since the goverment is expected to earn higher by way of contribution in the form of direct and in-direct taxes when efficiencies improve. However there is one area where Govt. could do more to make this divestment effort more acceptable is to share the total road map and plan which it wants to achieve from dis-investment. There may be a periodic update to the public on how the divested units are performing. Further, to create more interest in the participants and to bring in greater transparency, the GOI should not change the rules of the game while it is being played.

Sat Oct 5 16:47:49 2002
Name: babloo
Email: ormesby@hotmail.com
Your Views: yes.PSUs must be privatised but not in the present form and style, The best model is to follow the methodology adopted by Mrs Thatcher in UK while privatising state owned companies like BT,British gas etc.To start with sell say 10%-20% of the equity of profit making PSUs like oil companies etc to the public may be even at a discount.This will enlarge the share holding members and regenerate interest in general public about the share market culture which eventually will revitalise the dead stoack market which is now riddled with scandals.The valuation of the remaining shares of these PSus will also automatically go up in the next 2-3 years and the Government can get better sale value for the remaining shares of these PSUs rather than selling them at one go to a private investor.How many private investors are there in India who can afford to buy these large PSUs? By selling these PSus with high intrinsic value assets toAmbanis,Birlas,Tatas etc Government will only create private monopoly businessses .Unfortunately no foreign strategic investor is willing to invest in India due to bunglings of the past. A review of the selling policy is a must.Do not allow rich to get more richer

Sat Oct 5 16:47:52 2002
Name: akshay
Email: whois_john_galt2002@yahoo.com
Your Views: Yes, definetely PSU's should be sold. This is both a matter of principle as of sound practical sense. In principle Government has no business to be in business. Its job is only to provide security, basic healthcare and education etc. And practically, PSU's drain out money that could have been spent on physical and social infrastructure. Hence continuing to keep these bleeding ulcers afloat is nothing short of a fraud on the people.

Sat Oct 5 16:47:59 2002
Name: babloo
Email: ormesby@hotmail.com
Your Views: yes. PSUs must be privatised but not in the present form and style, The best model is to follow the methodology adopted by Mrs Thatcher in UK while privatising state owned companies like BT,British gas etc.To start with sell say 10%-20% of the equity of profit making PSUs like oil companies etc to the public may be even at a discount.This will enlarge the share holding members and regenerate interest in general public about the share market culture which eventually will revitalise the dead stoack market which is now riddled with scandals.The valuation of the remaining shares of these PSUs will also automatically go up in the next 2-3 years and the Government can get better sale value for the remaining shares of these PSUs rather than selling them at one go to a private investor. How many private investrors are there in India who can afford to buy these large PSUs? By selling these PSus with high intrinsic value assets to Ambanis,Birlas,Tatas etc Government will only create private monopoly businessses. Unfortunately no foreign strategic investor is willing to invest in India due to bunglings of the past. A review of the selling policy is a must.Do not allow rich to get more richer

Sat Oct 5 16:48:26 2002
Name: Sandip
Email: sandipaaa@rediffmail.com
Your Views: I do agree with the disinvestment minister that the we should go for very agressive disinvestment but he should also include OIL as strategic sector as our past experience with private players in OIL as very bad.

Sat Oct 5 16:48:37 2002
Name: Prof. Dr B K Chaudhuri
Email: sspbkc@mahendra.iacs.res.in
Your Views: In my opinion in this age of competition, there is no alternative of divestment. The BJP/or any Govt. should definitely push the process but little slowly, carefully and honestly. B K Chaudhuri

Sat Oct 5 16:49:03 2002
Name: chris pinto
Email: chris166@rediffmail.com
Your Views: No, because once it is sold to a particular section it becomes very difficult as we saw in VSNL's Case, Now the Government is dictating terms of Fixing charges by keeping MTNL & BSNL together for which VSNL will die soon beacuse of a haste decision and no proper work of Govt

Sat Oct 5 16:49:05 2002
Name: bnm
Email: blttblr@vsnl.com
Your Views: wrong decision taken by the govt. as balmer lawrie is a profitmaking company since 130 years. When govt can retain ITDC who is also of doing cetain activities like ticketing /tourism why should Balmer lawrie sold to . More over we are not against privatisation. But selling this company to others who doenot have any interest in all the divisions of balmer lawrie we feel that the company who has shown interest in buying balmer lawrie is for real estate business only. all employees.

Sat Oct 5 16:49:11 2002
Name: Sunil Agarwal
Email: sunil@transcorpint.com
Your Views: Other then Oil sector(ioc/bpcl/hpcl) and Gail or say directly related to OIL, GAS and military releated companies govenmment should not do privatisation. Oil /GAs And Millitary related compnies are directly related to Saftey of country and our Industrialist's are only for profits they are list bothered about saftey or obligations towards Country or People of Country. Govt. Must do first privatise like All fertilisers/ Textiles Units then they should start selling of profit making units otherwise all profit making units will buy by Industarilist and burden of loss making units still remain on Indian Government and situation will remain same or losses will increase.

Sat Oct 5 16:49:15 2002
Name: O P Gattani
Email: gattaniopp@rediffmail.com
Your Views: sell psu companies to get good amount so that same money can be used to remove poverty. otherwise after some time value of psu companies go down only. companies can run good in private sector only.

Sat Oct 5 16:50:02 2002
Name: Venkatesh
Email: venindira@rediffmail.com
Your Views: What for are the proceeds of the divestment going to be used? If its for retiring existing debt,it can be supported. But till now, the proceeds have been used only for meeting the current expenditure. If we keep on selling the psu's without using the proceeds judiciously, nothing will be left to fall back on later, neither dividend from psu's or proceeds from sales. Further what is the mechanism used. Just taking DCF method, and giving other high-value assets like land etc. for free means the full value is not realized from the Psu's. The govt. should first explain what for the divestment proceeds are going to be used for, make the process and method of divestment clear and then go ahead in full steam for the divestment. And after divesting, there should not be any interference in the divested co's affairs like Tatas-VSNL. After making things clear, the Govt. should chuck out from the ministry those ministers who oppose the divestment. A real, clean, transparent divestment procedure and the grit to carry on with the objective is what is expected of the Government, instead of multiple voices on same issue from parties in the Govt. Hope the government delivers atleast on this issue.

Sat Oct 5 16:50:16 2002
Name: Veeru
Email: veerappan@banditmail.com
Your Views: Go Arun Go !

Sat Oct 5 16:50:53 2002
Name: Satish Nimesh
Email: s_k_nimesh@rediffmail.com
Your Views: Govt. should not sell PSU shares to bridge the deficit. All the PSUs have been built over a long time and the basic purpose was not to allow the monopolies to be created in the private sector. Most of the PSUs have for long been the nations pride in nation building. On the other hand PSUs should be run more efficiently. Lastly, Govt. should refrain from selling profit making PSUs.

Sat Oct 5 16:51:25 2002
Name: Sunil Agarwal
Email: sunil@transcorpint.com
Your Views: Other then Oil sector(ioc/bpcl/hpcl) and Gail or say directly related to OIL, GAS and military releated Compnies govenmment should not do privatisation. Oil /GAs And Millitary related compnies are directly related to Saftey of country and our Industrialist's are only for profits they are list bothered about saftey or obligations towards Country or People of Country. Govt. Must do first privatise like All fertilisers/ Textiles Units then they should start selling of profit making units otherwise all profit making units will buy by Industrialist and burden of loss making units still remain on Indian Government and situation will remain same or losses will increase.

Sat Oct 5 16:51:38 2002
Name: Ajay T Patel
Email: ajayjanak@rediffmail.com
Your Views: we should not disinvest particularly the petro industy units as it is crucial and strategicaly more imporatant.

Sat Oct 5 16:52:32 2002
Name: Sanket Deshmukh
Email: dsanket@rediffmail.com
Your Views: Privatisation will help PSUs improve their efficiency and therefore they should be privatized. But utmost care has to be taken by the govt to see that no Monopoly is created. One way to deal with this problem is, Govt keeping part of the PSU shares. Besides govt is making lot of money out of privatization, this money should be sincerely invested in Infrastructural development.

Sat Oct 5 16:52:52 2002
Name: D K Jaiswal
Email: dk_jaiswal1971@rediffmail.com
Your Views: Need not to sell those PSUs which are running with benifit and only ill fated PSU should be sold out.

Sat Oct 5 16:52:59 2002
Name: Sreekanth Gupta
Email: sreekanth@originhealthcare.com
Your Views: No we should not sell the public sector units. All of them are the strategic assets. Instead of debating on selling them debating on making them to perform well.

Sat Oct 5 16:53:09 2002
Name: Anil Kaushik
Email: kaushikanil@hotmail.com
Your Views: Hi sir I just want to ask WHO SELLS THE FAMILY MEMBER WHO IS EARNING.

Sat Oct 5 16:53:53 2002
Name: PRABAKARAN.S
Email: prabhushan28@rediffmail.com
Your Views: I am for divestment .Because it will through open for competition and customer service,quality,staff efficiency , profitability increases. So far this psu's have been supported by government's money regardless of whether they are making profit or loss ( i think most of them are under loss).Moreover the general mentality of psu's staff is really deplorable because of which they cannot do good service to the customer.In the long run this might lead to loss for the company .Hence , atleast for this reason psu's need to be sold to reputed private firms

Sat Oct 5 16:53:53 2002
Name: BABU
Email: lax0102@yahoomail.com
Your Views: NO DISINVESTMENT SHOULD NOT BE DONE AS THE FLOW OF MONEY WILL BE IN THE HANDS OF FEW CORPORATES. THE DISINVESTMENT PROCESS SHOLUD BE MADE PUBLIC. SINCE LAST MANY YEARS, THEIR HAS NOT BEEN AND FDI OR INDIAN INVESTMENT IN OIL SECTOR. WHATEVER RESOURCES INDIA HAS IN THE FORM OF HPCL & BPCL, SHOULD NOT BE SOLD. ============================== IF AT ALL WE GO FOR REFORMS,THEN THE PROCESS OF DINVESTMENT WILL BE PUISHED ONLY ON THE DEBATE OF FISCAL DEFICIT. IF AT ALL IT HAPPENS THEN INDIA GOVERNMENT WILL DO FOR DISINVESTMENT. THE MOST IMPORTANT THING IS THAT IN STOCK MARKET, DUE TO THE INTRODUCTION OF ROLLING SETTLETMENTS,THE PRICE OF THESE COMPANIES ARE TRADE FAR BELOW THEIR INHERTH VALUE,WHICH NATURALLY EFFECTS THE BID PRICE. ============================= IMPORTANT:-------------- THAT MEANS INDIAN (OIL MINES) ARE ON SALE BELOW THEIR VALUE DUE TO ROLLING SETTLETMENT IN THE STOCK MARKET. ============================== IF ANY CORPORATES BIDS FOR THE PRICE OF THESE TWO COMPANIES,(DOUBLE THE PRICE WHICH AT PRESENT TRADE ON THE STOCK EXCHANGES THEN ALSO THAT WILL BE CHEAP) SO STUDY FIRST EFFECT OF ROLLING SETTLETMENT IN STOCK MARKET & BID PRICE.

Sat Oct 5 16:54:52 2002
Name: Avinash Kumar
Email: avinash.k@gail.co.in
Your Views: Disinvestment process of this government is a good move.One should always go for disinvestment of PSU's which are non profit making. But disinvesting Profit making PSU's should not be disinvested .

Sat Oct 5 16:55:06 2002
Name: mukesh ghanshyamlal jani
Email: mgjani@rediffmail.com
Your Views: IT IS HIGH TIME, THE PRESENT UNION GOVT MUST GO FOR DISINVESTMENT IN THE LARGE INTEREST OF OUR COUNTRY AS A WHOLE KEEPING ASIDE POLITICAL AND POPULAR GIMMICKS. GET RID OF ALL NON VIABLE PROPOSITIONS AND CRIMINAL WASTE OF PUBLIC EXCHEQUERE BY FEW POLITICIANS AND BUREAUCRATS.

Sat Oct 5 16:55:26 2002
Name: nagarj
Email: gvnnaidu@sify.com
Your Views: yes we should sell psu's but goverment must make sure in holding the monopoly especially in the oil industry and it must look or revise when the prblem occurs say war like situations. it wont effect to the comman man now but if government loses its hold on it. when the problem appears then defenatly the sufferers will be the comman man the flow in coming from the disinvestments must be used properly for a sweet fruit but not for the bitter one and also government doesn't depend on that ammount for its routine work expenes what it is doing now

Sat Oct 5 16:55:35 2002
Name: harish sharma k
Email: cccharish@rediffmail.com
Your Views: i feel that if the government which has all the resources ubder its arm cannot run a public sector unit then how can a private company which tginks about their own profit can make a profitable.its ridiculous.the government should have some assets under its arms.the disinversment of oil companies and airlines should be stoped.i dont mind if they sell maruti but oil and airlines are important secter.the government should have some control over these areas

Sat Oct 5 16:55:41 2002
Name: Suman Dhar
Email: Personal_98@hotmail.com
Your Views: The intent of disinvesting PSUs should be good for the economy. This may make these PSUs more productive, more competitive, reduce fiscal burden on the Govt, send pro-business signals to world market. However I am also cautious. I hope businesses who would buy these PSUs may not try to break it apart and sell the parts for quick profit, or may be trying to eliminate competition in their own line of business, or may be just speculators. Without a good regulation we will not be able to prevent the above activities. I do not know with the infrastructure that we have are we really ready for outright free-market economy like US, Hong-Kong etc. We do not want to land up in volatality that we saw in Argentina, Brazil or the famous 1998 Asian Flu that caused lot of havoc to each country's wealth, currency and its standing in the world economy. So my vote, go for disinvestment but at least do due diligence and have proper regulation to ensure that our PSUs are in better hands. We need to create more growth but at the same time protect jobs that may be jeopardized by rampant speculators.

Sat Oct 5 16:56:06 2002
Name: devender raina
Email: devenderraina@rediffmail.com
Your Views: in my view everything and anything being run by the govt. must be handed over to the most efficient private party who gives the best price and assurance of a minimum % of growth in govt.revenue and jobs on an annual basis. Any minister opposing the disinvestment is an enemy of the country and its people.The country will definitely benefit with the Govt,exiting form business.The present govt. must also undo the wrong done by INDIRA GANDHI by denationalising the banks .this will ensure a lor of good money available to the industry and business and will create national wealth

Sat Oct 5 16:56:09 2002
Name: Jayaraj.T
Email: jayaraj_t@indiatimes.com
Your Views: We should not sell PSUs as it will create unemployment, insecurity, price rise

Sat Oct 5 16:56:19 2002
Name: Kanak Mal
Email: kanakmal@rediffmail.com
Your Views: Selling PSUs is like selling the country . Why should one do that ?

Sat Oct 5 16:56:28 2002
Name: arun batra
Email: arunbatra1@yahoo.com
Your Views: the govt shoul agressively pursue disinvestment of all profitable as well as loss making PSUs, in all sectors, including defence and oil, It is an internationally accepted fact that private secotr can better manage industrial output, both in terms of productivity and quality,. The consumer has the right to quality. Telephony industry is a case in point, where the consumer has benefited the most from an extremely competitive market place. the govt should concentrate its resources in health care, infrastructure development, population control, education, and other aspects of human resources development, all areas where india lags in the bottom rankings as per UN statistics. Lastly, do these surveys have any bearing in political thinking in india, in terms of pressure groups/ i dont think so.

Sat Oct 5 16:56:48 2002
Name: biji varghese
Email: bijiverghese@rediffmail.com
Your Views: India is a very large democratic country but we are still under the influence of fundamentalism. what one should look foward is a progressive india. All loss making PSUs as well as other PSUs should be planned for disinvestment for better efficiency. Even, I would say that the Railways, Airports, Income Tax, Excise &Customs, and other Govt. Deptts. should be given to the private companies for improving the economy of India. You can see the Deptt. like Railways, Income Tax, Customs & Excise, Sales Tex etc. where lot of surplus staff are there. It is all at the cost of public. You cannot always squeeze the people for inefficiency of these deptts. In comparison to the private employees, they get lot of payments but performance is below average. If the PSUs are disinvested, we can definitely look forward lot of efficiency. Govt. should not take any burden on all these PSUs and for the growth of Indian economy, this disinvestment which is being carried out, is appropriate. Once should have vision to identify the areas of growth and thus we can generate lot of employment, uplift the standard of living and eliminate the poverty and I believe, Govt. should focus on these areas.

Sat Oct 5 16:57:45 2002
Name: Samapth Kumar
Email: samgurram@eth.net
Your Views: I believe Government shoud govern the people and focus more on Developmental activities instead of looking loss and profit balanace sheets of PSUs. What ever the motives that were there behind the creation of these PSUs are no longer valid in open econmy. I even strongly suggest to the governement to keep their hands of this white elephent called "Indian Railways".

Sat Oct 5 16:58:07 2002
Name: K.Kishore
Email: kundalak@yahoo.com
Your Views: Very simple you sell PSU's at the right prices ,athough by doing so you are not striking at the root causes of the failure of Nehru's vision which is political & bureaucratic interference in the day-to-day functioning of the PSU's .But don't replace a Public Sector monopoly with a Private sector monopoly .Let a minimum of one PSU work in the field which you are divesting

Sat Oct 5 16:58:11 2002
Name: Anurag Johari
Email: anuragjohari@hotmail.com
Your Views: Yes we should sell our PSU. I don't see any point to oppose the same. Opposition is blaming BJP govt for disinvestment but ready to extend support to Congress to form the govt, if opportunity comes.But Congress itself is committed to disinvestment. There may be difference in opinion on procedure or timing of disinvestment, but it should not be on policy as such.Even within the govt there is opposition for disinvestment in strategic sector.But that strategic sector can be regulated by making regulatory law or bye law.We should not forget that state owned organizations of former USSR failed to fully protect the nucear weapons and some of them are reported missing.On the other hand USA is efficiently controling its arms manufacturing companies, for weapons export. Therefore the logic of strategic sector is unsubscribable. For example , we are effectively regulating private cellular operators.Its evident from various phone tracking and subsequent arrests of mafias etc. and these cos. are complying with the govt directions. Thus now when we have completed a decade of consensus on liberalization(few exceptions)any kind of opposition with superficial logic is political opportunism

Sat Oct 5 16:58:24 2002
Name: Nicholas Lopes
Email: nicholasl@patel-india.com
Your Views: we should not sell psus which are profit making.

Sat Oct 5 16:58:46 2002
Name: n sekar
Email: nsekar51@yahoo.com
Your Views: Govt. has no business to run businesses. Its job is to lay down policies and ensure compliance. We have seen the public sector being bled white by the politicians. Govt, will serve Indians better if it focusses on health, education, law and order, environment and the like and get out of running business in which they are not good at any way. The sale proceeds of the public sector should be used TO REAPY the debt / BUILD infrastructure and not for anything else. N sekar

Sat Oct 5 16:59:36 2002
Name: Dr. Mrs. U.K.Sharma
Email: druksharma@rediffmail.com
Your Views: PSUs are worse than white elephants; they are the monstrous perks given to today's power lobby, the bureaucrat and politician for exploitation at the expense of the poor overtaxed taxpayer.That too for services NOT rendered !!!! PSUs are inefficient, over-rated and filled with belligerent and hostile staff which have no work ethic and no loyalty to the nation (barring a few golden exceptions). The day-to-day working of the average public sector bank is a shining example; the bank staff are not at the service of the clients whose hard earned money pays their fat salaries. The client is at the humble service of the bank staff if you please. In such a scenario, PSU functioning can never be expected by any sane individual to improve to any level of efficiency. The staff is too spoiled, the administration too corrupt, and lackadaisical. If any fool can be found to buy them (see Ashoka Hotel still unsold) GO AHEAD AND SELL SELL SELL. SAVE THE TAXPAYER AND NATION. LISTEN TO THE ANALYSTS, TO SHOURIE AND TO THE P.M.THEY ARE WELL AWARE OF WHAT THEY ARE DOING. DON'T ALLOW PETTY POWERMAD POLITICS TO DERAIL THE ONLY GOOD MOVE EVER MADE BY THIS GOVERNMENT.THE WRITING IS ON THE WALL.DISINVEST

Sat Oct 5 17:00:48 2002
Name: Indrajeet Maitra
Email: i_maitra@hotmail.com
Your Views: Ofcourse, we need to sell off. I just wisj Atal Bihari was 20 years younger to fight this out.Let's not lose hope, villians (Mir Jafar's of curent India) like Ram Naik, George Fernandes & Co.will try to keep us poor, shabby, under-developed towards achieving their petty political goals. However, the new brigade of Arun, Venkaih & Shourie would see us through. Nothing is as powerful as an idea whose time has come. Cheers

Sat Oct 5 17:00:50 2002
Name: V.S.S.SARMA
Email: vsssarma@rediffmail.com
Your Views: No selling of profit making PSUs. No selling of Defence / Defence-related units. No selling of Oil PSUs.

Sat Oct 5 17:00:57 2002
Name: Lakshmikanth Reddy
Email: reddy_kranthi@hotmail.com
Your Views: Yes, definetly. This process should have started long back. Tell me which PSU is not corrupted and tell me how efficient are all PSU's running. Its high time that people recognize the value of money they are earning. Lets stop begging developed nations for supply of hi tech equipments. Let people work hard rather than enjoying hard earned money of all the tax payers.

Sat Oct 5 17:01:02 2002
Name: ygs
Email: ygschauhan@rediffmail.com
Your Views: yes

Sat Oct 5 17:01:05 2002
Name: Nimai Sen
Email: nimai_sen@rediffmail.com
Your Views: The job of the government is to govern & not take up the job of runing industries.If the government continus to indulge in runing the ineffecient P.S.U.the day is not far of when we the indians will be not only be in internal debt trap but also fall into extenal debt trap.Disinvestment will save this country from utter chaos & hence be expedited.

Sat Oct 5 17:01:31 2002
Name: Sudha Hegde
Email: sudhatirumalesh@indiatimes.com
Your Views: Yes.All the loss making PSUs should be sold off immediately.Irony is many of the loss making PSUs were once so called "efficient Private Enterprises" which were nationalised to protect the interest of workers after the owners siphoned off money for personal benefit.There is enough money to be recovered from these champions of private enterprise (almost One lakh crore rupees) which is now termed bad debt.What is needed is strong willed government to go ahead and recover. Interestingly not satisfied with the loot the same advocates of private enterprise are asking for well managed profit making PSUs in oil and Telecom. Why not Railways,Why not national highways,why not rural telephony?.After looting gullible Indians by overcharging 5 o 6 times in Mobile Telephony the Cellular operators are showing a loss of 10000 crore rupees.Where has the money gone?And there was no body to compete with them.It was purely a private sector enterprise.Now there is talk of growth thro' acquisitions.Aquiring what? VSNL,MTNL,BSNL,ONGC,HPCL.... Having failed in telecom sector miserably,now they want to grow thro' so called strategic takeover or partenership in Telecom PSUs. Shame on you

Sat Oct 5 17:02:12 2002
Name: Gautam Patel
Email: gautamgp@rediffmail.com
Your Views: Govt should move out of all PSU.look into the problems of the people in day to day life. revamp law.remove reservations .only merits to be looked upon.

Sat Oct 5 17:02:51 2002
Name: son_of_Jeff_sachs
Email: sojs@likeharvard.edu
Your Views: The disinvestment issue is being characterized as a 'progressives' (= those for it) vs 'old-line socialists'(= those against it)issue.This is really not fair. We must remembr that the governments urgency to do disinvestment arises from the urgency to bridge the fiscal deficit and its refusal to curb wasteful government spending. Disinvestment in that sense is the selling of family assets to pay for current profligate expenditure. This profligate expenditure arises because of subsidies to fertilizer companies and wealthy farmers. Finally, disinvestment will result in profitable companies being sold and the unprofitable ones being left in the hands of a government which wont take the tough decision to close them down. So, why not just close down the loss-making ones? And let the profitable ones make IPOs?

Sat Oct 5 17:04:10 2002
Name: Madhukar
Email: madhukarbhargava@rediffmail.com
Your Views: The divestment should take place ,the goverment should have its focus on employment, education,health,defence,infrastructure of the nation leaving the PSU related to defence & atomic energy ,goverment should continue in divestment of PSU's .it should not waste public money by running enterprises like Indian Airlines & Air India which provide service to less than one percent of country's population.

Sat Oct 5 17:04:26 2002
Name: Abhishek Thakore
Email: spiritualentity@softhome.net
Your Views: Any doubt we should? A government is supposed to govern and leave the PSUs to be handled by the private sector

Sat Oct 5 17:04:33 2002
Name: Amar Jyoti
Email: amarjyoti@vsnl.com
Your Views: Sell PSUs? But where are the buyers. While we are bogged down with issues like Nalco and the oil PSUs, let us not forget that these are clearly the exception rather than the rule. Let us not forget that more than 50% of all PSUs are defunct and have no potential what so ever. Let us also face this that all the PSUs that are now derelict (like NTC) were once regarded as crowning glories and nations pride etc. etc. just as NALCO is today. The pattern is clear and the impending doom could not be clearer. The option in short is wether we sell them or allow them to rot and close down. Almost all countries in the world including China, Tibet and even Afghanistan have embarked upon privatisations, and the notable ones excluded are Burma, North Korea and a few other rinky dinky ones. But, surely our political leadership has enough wisdom to stop privatisations for reasons known to everyone.

Sat Oct 5 17:04:38 2002
Name: Major M.N.K.Menon
Email: majormenon@rediffmail.com
Your Views: Without doubht, the psus must be sold. Government is in the business of Governing and not in the business of running business. Except for strategic sectors like Railways,& Defence, everything else should be in the hands of the private sector.

Sat Oct 5 17:07:16 2002
Name: Binoy
Email: binoy26@yahoo.com
Your Views: Definitely, the sick and non-productive PSUs must be privatized to ensure better growth. This would we in the larger interest of the nation. It is the prerogative of the government to take the country to a steady and developed growth rate. Certain, narrow-minded people and the RSS are hell bend to disrupt this growth rate.

Sat Oct 5 17:07:50 2002
Name: tarlok singh
Email: tarlokaulakh@redifmail.com
Your Views: Yes. All the PSUs Which are running in loss.

Sat Oct 5 17:07:52 2002
Name: Thandra Krishna rao
Email: KrishnaA.Thandra@gecapital.com
Your Views: I think we need to disinvest there is no question about that Even ram naik and george are not against it they indicate they are just against the method of disinvestment According to them they are against strategic sale there are two methods now 1) strategic sale 2) selling the shares to the common public Why we need to have disinvestment is we need to get the industry away from government hands. Business is not a govts. business (however cliched it may sound this is true)if we dont have a strategic sale and only sell the shares to the public what this means is management is still in the hands of govt. which defeats the whole purpose of disinvestment if the management remains in hands of govt. the business and the industry are held hostage to the politicians and the politics of everyday any business cannot afford this they cannot make profits this way so they need to have a free hand We need to get the government away from industry we need new ideas new management fresh blood to move the industry Another reason naik is giving out for no disinvestment is we should not disinvest profit making units who knows if we get govt out of these units maybe they can make more profits

Sat Oct 5 17:08:17 2002
Name: K U THAKUR
Email: proarc@vsnl.com
Your Views: We should sell PSU immediately

Sat Oct 5 17:08:33 2002
Name: Harendra Doshi
Email: doshi@sski.co.in
Your Views: Should sell its PSU. Govt. should not have business role. Also to overcome fiscal deficit v should sell.

Sat Oct 5 17:08:54 2002
Name: Micheal Rodrigues
Email: milind_ss@hotmail.com
Your Views: This is a conflict between the communal forces led by A.B.Vajpayee who prefers privatisation and the secular left forces

Sat Oct 5 17:09:21 2002
Name: Ashish
Email: ashpat@rediffmail.com
Your Views: YES. OF COURSE. ONLY VESTED INTERESTS CAN OPPOSE THIS. ITS ABOUT TIME THE GOVERNMENT GOT OUT OF BUSINESS AND STICKS TO GOVERNMENT. MESSRS NAIK, JOSHI AND FERNANDED..YOU HAVE BEEN DOING A DECENT JOB SO FAR..DONT SPOIL IT NOW !!!

Sat Oct 5 17:09:52 2002
Name: R P Singh
Email: rpsingh_679@yahoo.com
Your Views: India should go slow on disenvestment . Specially , for profit making PSUs ,they should not be disinvested in hurry.PSU has many ares of concern other than profit making. PSU are doing much for social benefit.Govt is not feeling the importance of PSU . But when there will be no any PSU , prrivate companies will blackmail the govt. and they will try to fulfill thier objective ( profit making ) by any means even by corrupt practices . For making huge profit private companies may go for any limit even for loss to society.For example most of private companies are not following the environment pollution standard , labour laws, etc. Most of them have huge default to repay bank loans . Thease are loss to society . So ,in my view , if a PSU is doing well , making profit and are not dependent on govt. that should not be privatised . But if a PSU is in loss and there is no hope for its revival and also market condition does't affet due to its privatisation,that can be privatised.For a healthy market condition , existance of both private & public sector are required . Public sector will safe guard from private company monopoly & private company will bring efficiency in PSU.

Sat Oct 5 17:11:36 2002
Name: Rajesh Mohapatra
Email: rajeshmohapatra@rediffmail.com
Your Views: Govt of India does not have any business to sell steel, aluminium, fuel.Mechanism to avoid monopoly in any sector can only be avoided when we have an open market. NALCO is making profits not because it is an efficiently run PSU but because the aluminium market has a demand. It is the tax payers that is being invested in it.Our govt should invest tax payers money to provide health care, education etc rather, than run overstaffed PSUs whose majority of staff earn money by not working.If PSUs are run then Unions should be banned.Goverment any how is running the PSUs to feed its work force.

Sat Oct 5 17:12:37 2002
Name: AMEYA
Email: ameya@hotmail.com
Your Views: no,major PSU'S like HPCL,BPCL,ONGC,IOCL SHOULD NOT BE DIVESTED.

Sat Oct 5 17:13:48 2002
Name: K.Manoj
Email: KRISHNAMANOJ@REDIFFMAIL.COM
Your Views: IN MY VIEW THE DISINVESTMENT SHOULD BE CARRIED OUT WITH THE AIM OF IMPROVING THE ECONOMY. THE EXPERT SHOULD BE GIVEN THE BURDEN OF MANAGING THE RISK FOR WHICH HE IS SKILLFULL, BUT AT THE SAME TIME THE LAW SHOULD BE SUCH THEY SHOULD NOT TAKE THE ADVANTAGE OF THE SYSTEM. THE INDIAN GOVT. HAS TAKEN ALL THE PAINS IN DEVELOPING THE NATION SO THE PEOPLE OF INDIA SHOULD GET THE BENIFIT OF THE SAME. THE ROLE OF THE MINISTER SHOULD ONLY BE IN MANAGING THEIR THEIR OWN PORTFOLIOs RATHER THAN POKING THEIR NOSE IN THE MATTERs WHICH IS NOT IN THIER PERVEIW.THIS SHOULD BE DONE WITH A LONG TERM VEIW AND ALL THE THINK TANK SHOULD DO ALL SORTS OF DEBATE AND CLEAR BLUE PRINTS SHOULD BE MADE THEREAFTER AND THEN ONLY IMPLEMENTATION OF THE SAME SHOULD CARRIED OUT.IN ALL ONLY ONE THING IS TO BE LOOKED AT ARE WE GAINING OUT OF THIS PROCESS OF DISINVESTMENTAND IN MY OPINION IF IT IS CARRIED OUT WITH TRUE SPIRIT WE ARE AND TILL DATE ALL THE DISINVESTMENT CARRIED OUT HAD BEEN A CONSTRUCTIVE ONE.

Sat Oct 5 17:14:41 2002
Name: Rajendra Falor
Email: rfalor@rediffmail.com
Your Views: I think we should continue and in my opinion privatization leads to efficency, employments,and it helps country to over come redtapism and it is also very important that it benefits consumer at large as we have seen in case of telecom

Sat Oct 5 17:15:16 2002
Name: Abhijit
Email: paiabhijit@sify.com
Your Views: The basic question is why do we need PSUs at all. For the matter the utility of PSUs in government hands is finished and it is no longer necessary to remain as they are now. It would be better if the government sells off all the companies to private parties without quibbling over wether we are Selling The Country. Secondly if the FDI and MNCs dont turn up or run away let them do so. If they are interested they will come in any situation. The Basic Tenet we should remember is that if India is to prosper then it can be done only by Indians and not by Profit Greedy MNCs and FDI/FII People.

Sat Oct 5 17:15:32 2002
Name: devender raina
Email: devenderraina@rediffmail.com
Your Views: in my view everything and anything being run by the govt. must be handed over to the most efficient private party who gives the best price and assurance of a minimum % of growth in govt.revenue and jobs on an annual basis. Any minister opposing the disinvestment is an enemy of the country and its people.The country will definitely benefit with the Govt,exiting form business.The present govt. must also undo the wrong done by INDIRA GANDHI by denationalising the banks .this will ensure a lot of good money available to the industry and business and will create national wealth

Sat Oct 5 17:15:36 2002
Name: Sunil Saxena
Email: saxenasunil1@rediffmail.com
Your Views: What will the government gain by selling those profit making PSUs except for filling their pockets and to artificially covering fiscal deficit. If at all they want to sell PSUs, they shall restructure or sell non-profit making PSUs. Selling profit making PSUs is like selling your most useful household item for short term survival. I think governement has commited themselves to International businessman countries too much. Many of the PSUs on governemnt sell-off list are real gems and are world class companies. Selling them is definitely not in national interest. This government has short sight in this matter.

Sat Oct 5 17:16:08 2002
Name: BHARAT CHANDARANA
Email: bharatchandarana@rediffmail.com
Your Views: yes as far as I feel it must be at the earliest the government should sell psu's to boost the capital markets.

Sat Oct 5 17:16:35 2002
Name: SUHAS BHIDE
Email: suhas_bhide@rediff.com
Your Views: Goverment must sell out all PSU immediately and shold not waste/ play with tax payer money, First they must sell profit makeing PSU and then non performing. The goverment must understand their job first,must change their attitude with change of time, Politician have used these PSC for their self interest, have become the souce of mass corruption. The primeminister must take decision as early as possible and save this nation, The minister those are opposing the decision must be thrown out. I must say Mr. Arun Shourie..is a noble person and is doing his job properly,Again time is the essence of it. Pl. do delay it furthermore.

Sat Oct 5 17:16:43 2002
Name: kiran
Email: mvkiran@cedt.iisc.ernet.in
Your Views: The bickerings are always there in the governments, but the government should ensure that the process coninues on when the PSUs are in the earning stage, as, when the companies go out of order, no one will be there to buy the mortgaged units

Sat Oct 5 17:17:22 2002
Name: Alpesh Patel
Email: alpupatel@rediffmail.com
Your Views: cautious...We have to be cautious while taking such a big decision..we have all example of old asian tiger(So called - now teeth less) and recently argentina. I think it's better to stop for while and see what effect privatisation is doing our company for one to two year. If everything is fine we can should go ahead

Sat Oct 5 17:17:22 2002
Name: Navin Kumar Saraf
Email: navinsaraf@rediffmail.com
Your Views: We should sell PSU, these are all white elephant, only by selling PSU we can become an ECONOMIC POWER.

Sat Oct 5 17:19:49 2002
Name: sunil saxena
Email: saxenasunil1@rediffmail.com
Your Views: Shall we sell our country for cheering up stock market. Think again the policy makers!! If some gains are to be made then downsize the non-performing government.

Sat Oct 5 17:20:17 2002
Name: Mallam
Email: mallamrajesh@rediffmail.com
Your Views: I feel that we should sell them if we know for sure that our interests are protected. I remember the times when the DOT would take ages to give a telephone connection.Compare it with the situation today where we have so many players in the market who are ready to provide value added services. Otherwise We could allow these PSUs to stick around for sometime and give them a deadline and targets they should acheive and if they dont do it, we sell them off. Most importantly, the decision should be in favour of protecting our nation's interests. If Govt does not have the capability to run them, then they better be soldoff because a lot of public money is in them.

Sat Oct 5 17:20:18 2002
Name: Sam
Email: konkani_net@yahoo.com
Your Views: Dont disinvest, especially core sectors. Make sure that consumers are given a good deal. Dont make private monopolies who will undermine the free enterprise! Make sure there is proper regulation before any disinvestment is even thought of. Catch all the crooks from the stock market. Catch the UTI, other scamsters first. Only then think of the stock market. Sam

Sat Oct 5 17:20:47 2002
Name: Harikrishnan.J
Email: harikrishnanjl@yahoo.com
Your Views: I think the Govt. should get out of all non-core activities i.e all PSUs be it profit making or otherwise and stick to core issus like social sector.

Sat Oct 5 17:24:07 2002
Name: Amit
Email: amitbagri@rediffmail.com
Your Views: I strongly believe that disinvestment process should go on. The government needs to sell its PSU's. No IPO route could help the government in any way, at least not monetarily. Clearly, the money that the government gets by selling PSU's would reduce our foreign debt burden considerable. Also, think about the wealth creation that occurs. PSU selloff is viewed positively by the stock markets too. As it clearly is a sign of the government willing to take strong steps for the long term benefit of the nation. As the stock market views this as a positive step, buoyancy is expressed across the board. This thereby raises the valuation of all stocks. The argument of Swadeshi's is very irrelevant. How does it matter if a company is swadeshi or videshi if you are getting fair prices? If George Fernandes wants the "Swadeshi" emblem on himself, why does he go out and purchase defence equipments, why not manufacture them in India. The Defence gets its share of money for him to do so. Lets all look at the disinvestment process as a positive step for our future generations. Lets all stand behind the govt. irrespective of the government in power. Vote YES !!!

Sat Oct 5 17:24:20 2002
Name: Nagamalleswararao Ganji
Email: gnmrao@ee.iitb.ac.in
Your Views: Ya, Its better to sell the majority share & the Manamgemnt tansefer to the private management. so, that govt. can enjoy more profits ..due to comptetive ness in the industry...any way govt.. companies are strugling with over staff... so its definitely better to sell the PSU...and they have to use the acquired money properly....or otherwise .... one more thing... is..give management to the young Management guys...rahter than IAS officers...then they can perform like....ICICI...one of the succussful world class facility bank...which is govt..second larget bank... gnmrao

Sat Oct 5 17:25:20 2002
Name: Vaishali
Email: vaishalijohn@yahoo.co.in
Your Views: Disinvestment should be very selective. While I am all for reforms, selling public utilities like BPCL and HPCL is not the way to go about it. Recent instances of the energy crisis in California exacerbated by the likes of Enron are too fresh in our memories. The likes of Enron created a artificial shortage and then indulged in cheap profiteering. Further, can we ever imagine the private sector oil companies absorbing the price hikes like the PSU companies who are now taking the hit straight on their bottom lines. What we should aim for is big ticket privatisation in the Customs department, The central excise departments, the Income Tax departments, octroi posts etc. This work could be contracted to private companies or farmed out on a commission basis to the employees with suitable incentives. The privatisation of PSU banks except SBI can also be considered. Public sector Companies which have performed well and are toned up to meet the competition should be allowed to stay in the present shape. Do not sell our family Jewels.

Sat Oct 5 17:25:29 2002
Name: Rakesh Jain
Email: r_jaipur@indiatimes.com
Your Views: Certainly the Govt. Should sell all non strategic PSUs. All of them should be managed by profesionals.

Sat Oct 5 17:25:30 2002
Name: vsmani
Email: sarasamani@hotmail.com
Your Views: Yes It will help.India need to sell all PSU's so that govt interference on running industries doesnot exist. in the event of running under loss it is publicmoney,the money of the common man is being used tofinance the loss making psu's. the enterprises need to generate wealth so that this is available for public good. govt need to concentrate on education of the masses for their good and not fritter in financing loss making industries. Ram Naik is not right in blocking the privatisation.this has been agreed in cabinet committee on disinvestment

Sat Oct 5 17:26:02 2002
Name: Praveen Kumar
Email: prvnkdce@iitr.ernet.in
Your Views: PSUs should be sold only to increase efficiency or in order to promote better work culture. However proper strategy should be framed to safeguard emergency national needs before disinvesting from Navratnas and oil majors. Indian democracy is at its peak, media covering every view and creating public debate. BJP Govt. is doing good progress in this front even when it is a coalition. It is preferred that we should promote Indian companies to grow to the level of purchase stake for major PSUs. The Govt. may find some mechanism to prefer Indian Companies in the sell out procedure. INdia needs more Tatas or Ambanis. The public should be satisfied with the reasonable pace of liberalisation. There is no need to be panicky. There ought to be some restraints and careful march in this transition phase. Indian policies are reasonably OK for foreign investment. If some companies are shying, let others come. Our rate of growth is satisfactory. In nutshell, the diverse views may be taken into account and a way may be found to disinvest major PSUs in a phased manner. Other PSUs in which less controversy is there, may be sold at a faster rate.

Sat Oct 5 17:27:04 2002
Name: Manish Kharya
Email: mkharya@rediffmail.com
Your Views: I feel only lossmaking PSU should be sold & profitmaking PSU which are the coresector PSU should be retained by the government .

Sat Oct 5 17:27:54 2002
Name: bibhu
Email: bibhum@rediffmail.com
Your Views: Everyone knows that PSU's represent a huge proportion of India's GDP and divestment of PSU's would give a significant thrust to India's overall economic growth. It is no secret that the best brains in our country are in the private sector and are best equipped to handle such enormous business as represented by the PSU's. However,there will always be some opposition to divestment decisions, as the ministers would not be able to carry out their underhand dealings in the full glare of the public eye. In such situations, the Prime Minister should exercise veto powers to pass the divestment resolution.

Sat Oct 5 17:28:37 2002
Name: mahesh
Email: maheek@rediffmail.com
Your Views: Yes,I fully support disinvestment of PSUs. Government has no business of running businesses. Government should run government and nothing else. No government of developed country runs businesses. And..politicians have no business of increasing burden on people by keeping dead,loss making and inefficient PSUs.

Sat Oct 5 17:29:14 2002
Name: Prashant_teli
Email: prashant@cdac.ernet.in
Your Views: Instead of selling profit making PSU goverment shold sell loss making PSU on as is where is condition & come out of mess investment of PSU. They should keep gap between two PSU Selloff . They must offer share to pulic before sell off and list the PSU on exchange to realised value of PSU . All asset must be evaluated and proper survey must be done before sell off. PSU must clean their blance sheet and all aseet must revalue before sell off .

Sat Oct 5 17:29:58 2002
Name: ashish mahajan
Email: mahajan372@yahoo.co.in
Your Views: Hi, Being from the student community of India, I foresee that carrying on with the way PSUs have been working is quiet detrimental to economy. Certain PSUs like Oil, Railways and Communication need to be under govt. cover and govt should try to seek the core competency in them and try to make t hem functional with profit motive in mind. But on the other hand they should take care of average earner of country. But govt. should lay off other PSUs like textiles etc, since such diversification is difficult to control and monitor. In so many years they have been maing losses in name of community service. Thus disinvestment needs to be taken as a serious issue, and a discussion before coming to final decision should be done. Ashish Mahajan IIT-Bombay, 4th year

Sat Oct 5 17:30:13 2002
Name: d.krishnarao
Email: krishnaraod2000@yahoo.com
Your Views: PSU's are in political sector spawning corruption ,misuse and burden on economy.The less areas the govt is in ,the lesser will be the corruption.If not sold now ,they fetch little or nothing later. Some ministers think they are there forever and not concerned about future. Divestment of political sector of economy should go on apace.

Sat Oct 5 17:30:14 2002
Name: Jais Joy
Email: jbraveheart007@yahoo.com
Your Views: I oppose sell of profit making PSUs

Sat Oct 5 17:30:30 2002
Name: C.J. DAMLE
Email: cjinspections@vsnl.com
Your Views: Disinvestment should be allowed. However the character of Indian politicians and Indian psyche which has deteriorated since Nehru -Gandhi period; it could be feared the very motive when theses PSUs were started initially had not served the purpose. In the beginning the earlier years when PSUs started these had a noble motive that such a navratna like company shall bar monopolistic power in private hands and hence will make the people happy by serving with good quality and cheap goods/ services. But alas the politicians traded , played and grazed as if PSUs are their back yard ,pulling and pushing and all type of interference in day today affairs. Causing to slowly slip in to loss making units that is why the PSUs are now for sale. the writing on the sky is that it is required first disinvestment of minister's and politicians private interests to create a level ground for debate even. C.J. Damle

Sat Oct 5 17:31:25 2002
Name: B.S.Anil
Email: bsanil@yahoo.com
Your Views: If India has to develop and not be destroyed the PSUs Should be sold immediately.The PSUs are a waste of Tax payers money and a Horrendously stupid idea.Those who concieved the notion of PSUS are scoundrels and Traitors and are responsible for India being poor.The employees of PSUs should be mercilessly sacked since they are useless and, worthless.

Sat Oct 5 17:31:32 2002
Name: vimalraj
Email: vimal_79@rediffmail.com
Your Views: privatise all the PSU's ven the navaratna's not buy transfering of majority of shares but by IPO as followed by china even the defence sctor can be opened to privitisation and must make use of the software talent available in defense A.B.vajpayee must take bold decesions on these those who appose must be thrown out of ministry loss making units must be shut down labours who r not willing to work must be kicked out.

Sat Oct 5 17:32:24 2002
Name: Sumit Kr Mazumder
Email: rups@nde.vsnl.net.in
Your Views: There was a time when the Capital formation in the country was inadequate and it was imperative that Govt invest money to create industries particularly capital intensive. Now that the situation has changed, I can only say that " Govt has no business to be in business ". It should work only to create infrastructure, maintain law & Order, look after Defense and manage financial policies including currencies.

Sat Oct 5 17:32:25 2002
Name: Ajit Kulkarni
Email: ajit_kulkarni@hotmail.com
Your Views: Well, the need for disinvestment would have never arised had all the people related to the PSUs done their job cleanly. The the vested interests read politicians, bereaucrats and baboos, and hordes of others have ensured that they hog the public money at will but do their jobs pretty badly. No wonder most of the PSU, State boards and corporations are at mind-boggling losses. Silverlines in the dark clouds are the organisations like IOC,HPCL,NTPC and other profit making firms. But most of the PSUs are in notoriously bad condition. The government should clearly sell them off as early as possible. First it puts something into the coffers and second does not take out anything out of the coffers. People will work if they have to hold on their jobs. The bureucracy will get time to look after the real needs of the public and not theirs. I still feel that the profit making organisations should not be sold to the private players. But to sell the loss making the government should use it as carrots. The other approach the government can take is to sell the profit making companies to public throgh stock offerings and not to the private players as the private players. Hail Disinvestment..!!!!!

Sat Oct 5 17:32:37 2002
Name: DEEPENDRA
Email: deependra25@rediffmail.com
Your Views: PSUs should be looked at from NATION point of view and not from commercial point.A significant industrial base created over 50 years has provided core sector R&D and created trained paople.Further, oil sector PSUs selling handover the massive urban and rural net work to a monopolistic buyer(most probably multi nationals).A careful review is indeed needed, not a hasty decision.

Sat Oct 5 17:35:04 2002
Name: MADHUSUDHAN RAO S
Email: madhusrao02@rediff.com
Your Views: What will government do with the disinvestment money ?. Probably it may clear arrears of revised salaries of its emplyoees . But for sure shot it will not either retire some foreign debt or invest in building the nation. Hence it is better not to go for privatisation with regard to profit making PSUs.Another major thing is govt should clear mark which area should be privatised. Even from the security point of view it is better not to privatise. To get light we have to go for bulbs , wiring and power connection . Even by breaking doors, windows and roof we will get light. but is it right. Now the govt is trying to do breaking the roof itself.

Sat Oct 5 17:35:33 2002
Name: S.K.VERMA
Email: creative4@sancharnet.in
Your Views: First govt. invested in PSUs and now it is disinvesting why ? The only reason is that the prdecessor of this govt took money while constructing these PSUs and now this govt eating money in disinvesting because 1000 cr cimpany is sold for Rs. 500 cr why any one can understand this. The burning example is IDPL Rishikesh this company was running very successfully but due to its management's wrong policies this concern is now dead. The management of this company ate huge money from private medicine companies. So this govt has no right to sell any PSUs. This is the only fact and all other arguement are face saving of the corrupt leaders of this govt. No one should hope for any betterment form the leaders of any party because all are anti-national since they are taking money every this and that deal. The betterment can only be done if and only if a young physically as well as mentally fit decesion taking person took the office of the Prime Minister of this contry. You can not hope from a person who is 80 years old. This is the scene in centre as well as in states also. Do our country lacking political talent? Certaily not but these leaders are not willing to bring them forward.

Sat Oct 5 17:35:48 2002
Name: R.B. Dharawat
Email: revashankar.b.dharawat@in.abb.com
Your Views: I strongly feel that it will be foolishness to sale a milky cow. Our politician is interested on encashing what was hard earned to show better perfomance and then waste his money. why can't they collect the tax arrears from big industrialist and Politician and well known peraosnlities ??. They perason embezzle money go scote free and our great politician are helpless because they are not at all interested in making a lwa which fill the loopewholes. Selling PSU will also lead to unemployment. Instead we should employ an agency who improve the working of PSU and to run professionaly and profitably. Regards.

Sat Oct 5 17:35:56 2002
Name: Hari
Email: technor@rediffmail.com
Your Views: I think PSU's should be sold off. To increase their long time life and to stop political interferences in business decisions, and to even monitor the flow of money in and out of the enterprise they should sold off. Also, the government should try to keep away from business and should concentrate on development and other essential matters.

Sat Oct 5 17:38:07 2002
Name: anilburman
Email: anilburman1@rediffmail.com
Your Views: THE POLICY CAN NOT BEDECIDED BASED ON WHAT GEORGE,NAIK SAYS. WE HAVE TO IDENTIFY THOSE PSU WHICH ARE BLEEDING AND CAN NOT BE MAKE VIABLE BY EXISTING MANAGEMENT.INFORM PEOPLE WHAT IS JOB GENERATED BY THOSE LAST 10 YEARS AGAINST GOVT SPENDING. I BELEIVE THOSE UNIT SHOULD BE SOLD IN THE FIRST PHASE AND PROGRESS FOR NEXT PHASE.

Sat Oct 5 17:38:58 2002
Name: Sadhab Ch Ganda
Email: sadhab_ganda@rediffmail.com
Your Views: YES, yes and yes. Disinvestment in PSUs is the crying need for india now. This should not keep itself limited to only industries but to others sectors also, especially transportation like railways.

Sat Oct 5 17:39:02 2002
Name: Praty
Email: praty_spam@indiatimes.om
Your Views: We must do it! It is not the government's job to run businesses. Government should focus on core issues like development, infrastructure etc. which require more attention, and merely regulate businesses. Businesses do not run efficiently without a profit motive - the sorry state of most PSUs vouch for this. Why are some factions of the government opposing disinvestment? Their selfish motives cannot be clearer. These factions, for ages, have been using the PSU machinery for personal gains. Whether it is state run airlines, or oil companies - the story is the same. They are enunciating "against the poor" and "national security" in a silly attempt to mask their true intentions. Yet another example of greed and shamelessness of our elected leaders. I hope the disinvestment program catches momentum, and we sort this out once and forever. May the force be with Mr. Shourie! -Praty

Sat Oct 5 17:39:09 2002
Name: Madhukar
Email: dadapersonal@hotmail.com
Your Views: The Govt.managed concerns have become field of curroption, mismanagement, unruly working force. It is high time to transfer tghese concerns to Private parties in order to keep the industries running on commercial line. Moreover the funds are need for the betterment of the country. The funds invested in Govt.owned concerns are not yielding any gains for decades together. It is high time that the disinvestment to be carried out for the betterment of the country and it's people. The Political parties have no national interest. They look towards vote bank to capture the power and hence are objecting to this proposal.

Sat Oct 5 17:39:18 2002
Name: Nirmal Singh
Email: singhnir@sancharnet.in
Your Views: PSUs must be sold at the earliest. The ministers and beurocrats opposing the divestment are trying to protect their fiefdoms. The others too have their axes to grind. Petrol pump allotment scam wouldn't have happened if oil companies were free from the clutches of Ram Naik.

Sat Oct 5 17:39:32 2002
Name: DR.S.M.AKHTAR
Email: drsma2000@yahoo.com
Your Views: ALL VITAL SECTORS SHOULD BE IN THE HANDS OF THE STATE i.e. POWER, COMMUNICATION,OIL,OCEAN EXPLORATION,MINING FOR VITAL AND STRATEGIC METALS,ETC.

Sat Oct 5 17:39:36 2002
Name: Ameet V Mehta
Email: ameet_vm@yahoo.co.in
Your Views: I have a strong view on this subject. India should get rid of all the PSU's and get out of the fiscal deficits as early as possible. WE NEED TO SELL OF ALL THE PSU'S AS EARLY AS POSSIBLE. If at all we want to retain, then we can just retain one oil companies which can be utilised at the time of wars.

Sat Oct 5 17:40:03 2002
Name: kandy
Email: mightykandy@yahoo.com
Your Views: A crisp note..shoot the fellows opposing disinvestment,they r effectively spoiling the indian economy for the small peanuts offered by corporates or lobbyists who are against dis investment.they should be made to resign or a general referendum should be made to decide on the issue.Also proper care for the persons who were going to be affected by the dis investment should also be addressed.

Sat Oct 5 17:40:16 2002
Name: Parashuram Swamy
Email: aryavrt@yahoo.com
Your Views: Sir, On the pretext of socialism the land, industries, mines were usurped by UOI. She failed miserably to deliver fruits. These properties belong to their real owners and must be returned to their owners after verifying the records of acquisition. Yours etc., PS

Sat Oct 5 17:40:33 2002
Name: Ankur Sethi
Email: ankur125@rediffmail.com
Your Views: dear sir/madam. i strictly believe that BJP govn, should look forward to disinvestments . RAM NAIK should stop opposing disinvestment because he already had earned a bad pic. in petrol pump allotment.

Sat Oct 5 17:43:07 2002
Name: Akshay Shah
Email: erpweb@rediffmail.com
Your Views: Yes definitely we should sell off all the PSUs as its better to make hay while the sun shines...a day will arise when there will be no takers for this heavily loss making and miss managed PSUs and will make the government as well as our country fully bankrupt and in debts!! just think abt it as its better late than never!!

Sat Oct 5 17:44:18 2002
Name: Laxmikant Bhalerao
Email: laxmikantbhalerao@rediffmail.com
Your Views: No We Should Not Sell PUBLIC SECTOR UNDERTAKING

Sat Oct 5 17:44:40 2002
Name: Kaushlendra Singh Sachan
Email: kaushalsachan@rediffmail.com
Your Views: Sometimes its really difficult to digest illogical statements given by those who are opposing pivatization in PSUs. In a country like ours where professionalism seems to be distant goal to be achieved by public sector companies, the opposition to privatization on grounds of fears like selling country to foreign hands, selling national pride are ridiculous. India must go on with its objective of privatization of PSUs in order to get something out these sick companies(mostly they are. Afterall they are paying on national money. At the end of the day fact remains "Government has no business to do business", rather it should pay more attention mission critical objectives like education, community health, defence and population control.

Sat Oct 5 17:46:35 2002
Name: sahadev
Email: k_sahadev@rediffmail.com
Your Views: govt is a bad businessman. bureaucrats cannot run business. constant fear of vigilance and political interference hinder quick decision making. the nation is losing precious resources which are blocked in unproductive assets of public sector units . hence govt should get out of all non-strategic businesses immediately

Sat Oct 5 17:47:30 2002
Name: VENKATESH KAMATH S V
Email: KAMATH@INFORMINDIA.CO.IN
Your Views: Sir, Whose is WE in the question. If that We is Government, then certainly should be sold because Government is not elected to run the business. Yes, with the idea of socio economic revolution, Nehru built and paved the path for construction and establishment of huge PSUs. But now these PSUs have becoming milking cows of bueurcrats and politicians for their personal pleasure. In veiw of this, all PSUs have to be sold on first available oppurtunity to the efficient and capable people who can run, maintain and manage. World over Government is concentrating on governing the country but in India we are saddled with managing the hotels, steel production etc., The proceeds of this sell outs to be utilised 50% retiring the high cost debt and the balance 50% for improvement in social causes with high weightage for education. The argument of selling family silver for day to day expenses is to be ignored because the so called family silver itself is bought on loan long back. The loan is not retired mean time the family silver also loosing the shine (value. This is becuase the OVERNMENT WORK IS GODS WORK, resulting in God only has to come to work and others are to enjoy.

Sat Oct 5 17:47:33 2002
Name: Sanjay Hazarika
Email: asn12345@rediffmail.com
Your Views: Privatisation must happen at all costs if these PSUs are to run efficiently.

Sat Oct 5 17:47:46 2002
Name: Vijay
Email: vijayn61@rediffmail.com
Your Views: Yes,we should sell all PSUs and use the proceeds to retire costly debts of the country. In the subsequent budgets extra allocations can be made for improving Primary health care,Family planning ,Education and Infrastructural developements. While selling the PSU's care should be taken to ensure fair competition for the product or services and avoid monopoly.In case of restrictive trade practices if required Govt should ammend MRTP and implement it positively to protect the consumers.10 lakh people and handful of people should not be allowed to continue wasting Nation's precious resources.

Sat Oct 5 17:48:24 2002
Name: vijay kumar
Email: sutrakarvks@rediffmail.com
Your Views: i think the privatisation of psu is not necesarry but there is nececity of maintian them because in out of many psus are in the stage of ending so why

Sat Oct 5 17:48:27 2002
Name: sudarshan
Email: sudarshan_pawar2@rediffmail.com
Your Views: yes we should sell them off than just watch our ideal emplyoees taking home the govt money without giving out the outputs.

Sat Oct 5 17:49:51 2002
Name: Bikash Garodia
Email: bikashgarodia@rediff.com
Your Views: PSU should be disinvested ,otherwise after 5 years all Psu will be lossmaking.There survival will be in jeopardy.So better late than never.

Sat Oct 5 17:49:51 2002
Name: Dr. Aminur Rahaman
Email: arahaman1@rediffmail.com
Your Views: Divestment is not Possible for HPCL and BPCL for two years. Reason: Election in few state in 2003 and Parliament election in 2004. Divestment is possible in few PSUs which are in loss: Reason: To make happy the investor class little bit to get the money for election. But there is a possibility of Divestment in HPCL because present PM is not going to get another term (due to health reason), so he could take some tough decision without any election fear. But then RSS is there to destabilise him. So dear friends don't play with this stock you will be the looser again.

Sat Oct 5 17:51:08 2002
Name: vnvs kumar
Email: vnvskumar@yahoo.com
Your Views: govt"is for the people"it is spirit of democracy that govt, is for the welfare of the people of the nation.it is not only responsibility of the govt.to collect havy taxs from common man(on every thing except free air) for whom they dont want to pay a single rupee.privatisation of sick PSU could be justified but privatisation of profit making PSU only qustions the govt.'s intentions of living the contry on itself or in the hands of other private player's who are i am sure will one day monopolise the indian market. And will be only due to wrong disions of disinvestment policy of privatising profitmaking PSU.

17:51:35 2002
Name: vivek
Email: malik_vivek@hotmail.com
Your Views: If they can sell off all the PSU's in next five years. That will be the best politicians can do to this country

17:52:43 2002
Name: N. K. Jain
Email: nkjain2238@rediffmail.com
Your Views: There is no justification of disinvestment of Public Sector. Let there be healthy competition between public and private Sectors. Even otherwise, right now, world wide the stock market is extremely down and this is most inappropriate time for disinvestment. Government should re-evaluate the assets of the PSUs, particularly land assets that in most cases have zero book value as those were given free by state government to PSUs at their formation. One may remember that during this year's Rail Budget, Minister of Railway had stated that Government shall sell packaged drinking water with brand name "Rail Neer" as there are complaints of the quality of water supplied by private sector. Thus even the private sector of India can't suply even oridinary thing such as water what you expect it in high teck areas. The entire move of privatisation is based on false propaganda against PSUs by vested interests so that public assets can be acquired cheap. Besides this there is tax evasion by private sector. Government must also place before public the gains to the nation consequent to the dismantling of electricity boards into corporations.

17:53:33 2002
Name: Gurmit Singh
Email: mydearsunil@yahoo.com
Your Views: India and many other countries tried to follow suit to western business model which is more privatization oriented. Selling all PSU will be a blunder. However reforms are needed as it should be run not by IAS or beureaucratic people rather BusinessCrat. A good example is ESPL in Chanduharh, Punjab. It was one of most productive PSU as long as the Chairman was a technocrat in that line of bsiness. No sooner it fell in the hands of IAS officer, it started getting into muddy politics and finally had to be shut down. Let the PSU's run like a business and you have no need to sell them of. I am living in Canada and we saw the Auto insurance corporation getting privatized (same logic as India) and people saw the Insurance prices go up 40%. Privatization means more profit and (greed). You want to collapse the indian social culture? Then follow the Western model and you are set for it.

17:54:16 2002
Name: kalyan kumar
Email: ka00@rediffmail.com
Your Views: The Privatisation of all PSU is particularly important to be held for accountability, competition, research, ownership, competition in the international market, so that government can focus their energies on infrastructure development. Majority of the PSU are in loss making, debts due to lack of ownership, accountability, vigilance. Example of Good Private Governance are Software Companies, Telecom Competition, Reliance, Tata's, Satellite Channels for Televisions Except Police and Military, every unit including Muncipalities, water Boards, Sales Tax Force, Income Tax Force, Licensing Authorities, Air Travel , Import /Export Taxes Force to be privatised on revenue sharing and accountability with Strict,stringent and Tighter laws. Even Police needs to be centralised rather than at the state level. The importance of privatisation can be perceived more in the US economy and that is the best example where even Defence production is also privatised. Hope in India, every major public sector will be privatised on one day or other

17:55:34 2002
Name: Amardeep Gogoi
Email: amardeepgogoi@rediffmail.com
Your Views: Government should not be in the business of doing business.Government is only for governing. Ministers do not want to let go of their fiefdom. dithering on disinvestment means loss(e.g.Maruti). Please formulate a firm policy and let an autnomous body with a clear guideline do the job. We need the money for Infrastructur, Health, Education etc.very urgently...

17:56:42 2002
Name: kanwar manish
Email: kanwarmanish@hotmail.com
Your Views: It's about time. This would ensure that further corruption and existing mismanagement is stopped. Instead of putting in money- its about time that they start returning the hard earned money of the tax payer.

17:57:28 2002
Name: Gopinath Rao
Email: gorake@hotmail.com
Your Views: People in the Government want to make money for the Government and more importantly for their patrons and themselves.Profit making PSUs are sold as there are no takers for loss making PSUs.This year it is PSUs, next year it could be railways ports and highways, then Town Halls, rastrapathi bhavan,parliament,taj Mahal and so on. I am eagerly awaiting sale of taj mahal may be in 2010- and that is why i am not buying a house now!

17:58:10 2002
Name: mehul patel
Email: imatshadows@yahoo.co.in
Your Views: I worked as field engineer with one private company for about 9 years. During this I visited about 128 industries all over India. In privet sector I received very good co-operation. There I was able to complete my work of 15 days, in about 10-12 days. This too, because I insisted on supper perfection in my work. During this period I also visited number of PSU (State Electric Bords,Fertilizer Plants,Mines, Steel Plants...). I am very sorry to say, these places were far from co-operative. At MANY PLACES I WAS ASKED FOR MONEY TO SIGN MOM. In early days of my job I was shocked to see people sleeping on duty, even in control rooms!! Some times they invited me for sleep saying "patelji kam to hota rahega, puri jindagi padi hai". They were confident that nobody will sack them. Forget about fiscal deficit, above reasons must be enough to sell them to private sectors.

17:58:40 2002
Name: gopi
Email: v_gopi@hotmail.com
Your Views: yes definitely. the disinvestment process should be carried on.it would be better if government focusses on social issues like education, basic ameneties rather than involving in bussinesses.

17:59:44 2002
Name: M N Nair
Email: nairmn@rediffmail.com
Your Views: When a family mismanage their finances over a period of time, finally they start selling their belongings one by one and when everything is finished, the brave one will work for others and try to survive and not brave ones commit suicide - the type of family suicide one see these days. India is a like a mismanaged family.So we have no choice. But the question is will the selling off save our country - I do not think, because power rest with money, so gradually India will be ruled by foreign powers - directlyor indirectly.

18:00:07 2002
Name: S.K.VERMA
Email: creative4@sancharnet.in
Your Views: Disinvestment by Govt. Why? .... Firt the predecessor of this govt has invested and now they are disinvesting what at good business, completely risk free and 100% gains. The previous leaders of various govts took money in constructing various PSUs and now the leaders of this govt. are eating huge money by disinvesting. The burning example is IDPL Rishikesh. This concern was running successfully but the wrong policies of its management took the company to ground like 11 Sept. Trade Towers. The question is why these concerns are going into loss one after another. For example in UP roadways first the ministers took money while purchasing Buses for the Roadways and thereafter they ate money in spare-parts and when roadways is going into losses they took private busses on contract and they took huge money in awarding contracts, what a planning, But surprisingly the pvt. operators are still earning profits. One can easily guess how much money is going to our antinational leaders at the cost of the Nation. Actually the govt. has no right to sell PSUs. Because by doing this the contry is not going to bebefit at all. We require a physically & mentally fit PM who can think & act.

18:00:44 2002
Name: bskanda
Email: bskanda1937@rediffmail.com
Your Views: no,we must not sell off our public sector enterprises.the move is a fraudulant attempt to to hand over public basic assets built over the decades since independence by the toil and sweat and money collected from the common people of india and it has served the country in the most critical times of the country.no private iinvestors were ready to invest there money in the basic infrastructures of the country..these aseets are the pillars of county's economy, people's welfare and guarantee for their future which no private investor can provide .they are concerned with their profits only for their personal gains. people and the country do not have preference over their profits.both are sacrificial goats in their perception.and with privatisation come foreign element which puts the security of the country at great risk which only the people have the stake,not the private investor.index of the stock market is not the real index of people's development.people's development is revealed by the index of the people living below the poverty line.the stock exchange index only shows the big company's fortunes -how much more they are able to grab from the people.we only need to remove corruption.

18:02:35 2002
Name: padmavathi maddika
Email: p_punyaa@yahoo.com
Your Views: I think we should divest PSU's and use that money for developing infrastructure (Transportation, telecommunications and Irrigation projects). Before divesting, lot of reforms should be taken up in cleaning polical system and implement reforms proposed by election commission and tax reforms. Unless this is done, the businessmen can influence the political system to make decissions in favour of them.

18:02:57 2002
Name: Yogesh Honap
Email: ybhonap2@rediffmail.com
Your Views: Sir, I my view disinvestment is not a bad thing for our country but it should be with a greate care mostly in core sector , although the investment of outsiders is also wel-come in this sector but govt. should not sell out its on companies to them , instead of that govt should allow invester to invest in these sector but should keep a total control in our hand and no any agreement like N-RON power project should be done. although , Like telephone(mobile) sector which has private co. as well as govt.'s BSNL , that type of investment is wel-come and will prove better for our country to protect country interest. HO' Priminister's view of development is good for our country i vote in support of him. Thank you for giving me this opportunity to express my own view. Thank you to rediff.com Regards Yogesh Honap (Village :Utroli, Tal:Bhor , Dist.:Pune , Maharashtra (India))

18:03:31 2002
Name: K. NARAYANA MURTY
Email: knmurty@rediffmail.com
Your Views: Govt. should sell the loss running PSUs and should keep with them the profit getting PSUs.

18:03:39 2002
Name: karan pahwa
Email: karan_p53@hotmail.com
Your Views: It is imperative that there be a firm commitment by the indian government towards disinvestment as it is one of the key reforms in our move towrds a more liberal economy. It is high time we realised that our PSU's bar a few exceptions have been a liability on the state exchequer for too long. For that matter the PSU's which are profit making have now no reason to be under state control unless the demands of the industry are such as to necessitate it. The reasons given for postponing disinvestment of PSU's of late have been rather unconvincing and have hampered the functioning of arguably the most efficient ministry in the government. The recent opinions expressed by the prime minister do however give reason for optimism and hopefully disinvestment wont be lost in petty political squabbles between politicians in the BJP government

18:04:22 2002
Name: dipang kamdar
Email: dipang@rediffmail.com
Your Views: YES, PSU should be sold,govt. has lost one golden chance.Because of the delayed people have suffered very big loss.

18:04:34 2002
Name: karan pahwa
Email: karan_p53@hotmail.com
Your Views: It is imperative that there be a firm commitment by the indian government towards disinvestment as it is one of the key reforms in our move towrds a more liberal economy. It is high time we realised that our PSU's bar a few exceptions have been a liability on the state exchequer for too long. For that matter the PSU's which are profit making have now no reason to be under state control unless the demands of the industry are such as to necessitate it. The reasons given for postponing disinvestment of PSU's of late have been rather unconvincing and have hampered the functioning of arguably the most efficient ministry in the government. The recent opinions expressed by the prime minister do however give reason for optimism and hopefully disinvestment wont be lost in petty political squabbles between politicians in the BJP government.

18:04:44 2002
Name: Bhupendra L Mundra
Email: bhup10@hotmail.com
Your Views: Yes, According to my view v should sell all the PSU's to private sector and the government should have no burden of doing business, and it should collect only service taxes and other directly related income with no expenses or normal expenses incurring to earn the income, it should declare high dividends on those psu's that have huge reserves and this will create a healthy GDP ratio for the country.

18:05:15 2002
Name: jaimohan nair
Email: jaimohan@yahoo.com
Your Views: Divestment not only means to sell the company as a whole But it definetly includes that. My opinion in this matter is that each company should be seen in its individual perspective. Any industrial product where the government has a monopoly and has a bearing on a national economy should be dealt with differently. In such cases the divestment should be by selling a minority stake ,say 49%, to the public instead of a strategic sale to one particular company. This is complimentary to good governance also ,if the same cannot be done than the stake could be sold off. Similarly where the goverment is involved in the business which already have private competetion then it is better not to be involved in it. The entire stake should be sold. My feeling is that the fiscal deficit has to be controlled by good , clean & transparent governance and not by sale of Government companies. The lack of Direct foreign investment is not influenced by divestment but due to high government interference; whether it is getting labour,power,contract sale etc. Similarly,the divestment should make good business sense also. the valuation should be done with utmost honesty,integrity and clarity.

18:05:26 2002
Name: Dhakshina Murthy
Email: No_EMAIL_PLEASE@noemail.com
Your Views: We must act quickly to solve this issue. All PSUs must be sold in next 5-10 Years. Only then, India has a chance to become a devleoped country and eliminate total poverty. Please do so. Please do not debate anything now. Act now. Sell PSUs.

18:05:58 2002
Name: Sajith Kumar
Email: sajithsbi@rediffmail.com
Your Views: Doing away with white elephants or selling off the family silver; whichever way it may please you to describe the disinvestment programme the reality still remains that PSUs had been the back bone of industrial development in India. Now with the disinvestment programme aimed at revitalising the Indian corporate scenario we are selling off all our profit making PSUs. If mismanagemet is the problem it could have been addressed in the present set up itself. However, to give into private hands vital segments of the economy like oil is nothing less that allowing the business men to control the economy. Quite surprisingly such vital questions are sidelined and talks are more on the technical aspect of things. Atleast the advocates of disinvestment should be able to tell us what is the India the forsee after all these disinvestment and all, say ten years from now. Which way are they taking us? As a nation where will we end up? Or to apply Gandhiji's test of any decision how will it help to better the life of the poorest of the poor of our nation. Such broad simple questions remains unanswered. We realise that we are on a track from where there is no return; we are all trapped!

18:07:13 2002
Name: Manmeet Brar
Email: Notinterestedinproviding@rediffmail.com
Your Views: Please disinvest in all PSU's immediately. Its already too late - Government should have absolutely no role in Business and the government should govern and not do business. PLEASE DISINVEST NOW.

18:07:59 2002
Name: surya kumar singh
Email: suraj_mecon@rediffmail.com
Your Views: i oppose only due to loss makng company should be disinvestment. but oil sector should not sold off what happend in bsnl case. tata made full use of it. one hand he gave the money and from other hand he took away the money by saying that bsnl must have partner in tatatele serviecs. it was mockery ofisinvesment. it will be distarous if they sell oil psu. Arun shouire is very corrupt person if only intersted to earn money in selling psu who is running into profit. he shuold be removed as quikly as pssoible. only loss making compnay shuold be sold off not profit making psu

18:08:44 2002
Name: SUBAS CHANDRA SOREN
Email: subas_soren@rediffmail.com
Your Views: No , Never ... PSU's should not be sell at any cost. It will against the SC/ST People.. They are not geting any any reservation in the private organisation. Is there any provision for Reservation after Privatisation???? If it is privatise all the PSU's then what is meaning of Reservation for SC/ST ??????

18:09:06 2002
Name: P Sreenivasa Reddy
Email: psreddy10@yahoo.com
Your Views: Government should try out ways and means to Disinvest stakes in the PSUs which are not doing well and not those which are doing well. Indeed selling of the stake in a particular PSU to a private party is an indirect acceptance that Government can't manage to run it, then in the days to come any elected party can come up with an add for selection of a private firm to run a state or the country. Will the so called visionary politicians of our country accept this? Regards

18:09:37 2002
Name: Rajeev Sinha
Email: rsinha_19@rediffmail.com
Your Views: It's right time to go ahead with disinvestment plan, any delay in disinvestment process will further result in slow down of economy & over all growth of the country. There should not be any confusion/ debate over disinvestment issue. Let's see the performance of any PVT. company w.r.t PSUs, either in Steel ( Sail with Tata / Jindal or in Air line (Air Indai with Jet Airways). Both the companies are operating in India with same infrastructure & support. Most of the pvt. companies are operating in Positive where as PSU are always on -ve or on subsidies from Govt. I can go on writing, no end for eg., tks. Rajeev Sinha

18:10:52 2002
Name: T.Raja
Email: raja6@rediffmail.com
Your Views: The government's job is administration - like tax collections, providing security etc. How can one expect an efficient administration while it is spending all time from running buses to insurance companies? In today's dynamic world the quick decision making is important for all organization which is impossible for PSUs. For example, in spite of all infrastructures, the BSNL postponed "n" times the launch of its cellular service and still it has not taken off. The last postponement is from October 2nd to October 19th. The stumbling block is only from the mind less politicians not from any one else. While the congress was in power, BJP opposed the move and now it is congress' turn. Every politician is looking for their own benefit. We all knew how Maran opposed the Maruthi's stake sale to Suzuki in his earlier term only to divest now at much lower price. In between Maruthi market share fell sharply and reported a loss last year which was unimaginable five years back while retiring from the job, the former MD of MTNL Mr.Rajagopal openly told that the privatization only can help the survival of MTNL in the long run. Now, from whom the government is expecting words?

18:11:40 2002
Name: vvbsmurthy
Email: murthyvvbs@rediffmail.com
Your Views: the selling of psu's is not advisable to private parties although the govt. needs to wipe out the fiscal deficit. govt. may think of another alternative on this. this is very necessary for oil psus.if govt. want to sell off the oil psus it may cause a great damage to the interests of govt. and public at large. let ioc, bpc and hpc continue as it is and allow other companies to come in.

18:11:53 2002
Name: R.K.SINGH
Email: rk.singh@gail.co.in
Your Views: Profit making PSUs should not be disinvested and they should be shielded from political interference and therby provided more functional autonomy

18:12:14 2002
Name: Jacob Cherian
Email: jacobcheriyan@yahoo.com
Your Views: I am of the opinion that all loss making PSU's should be sold first so that we do not put into non productive use of tax payers money. When job or salary is not guaranteed in Private sector and cost of living is skyrocketing, because of ineffiency of the system in our country, employees of PSU's are sure of their salary, benefits, job and pension. This is absolutely unfair. Without wasting time on enless debates in the Parliament, Govt., should take a decision on warfooting to sell PSU's at the earliest possible time.

18:12:16 2002
Name: Mahesh P
Email: maheshpja@indiatimes.com
Your Views: One should not forget that the PSUs have greatly helped India in its development after the independence. Hence selling off PSUs without any considerations is like leading your country the East India Co.'s way. I think the current divestment spree of the Govt. is mainly to get more funds and to show a good face to the Western world (which is self motivated only to get inroads into the Indian market). Selling off selective PSUs is not bad, but the following things should be insured: 1) Selling of blue chip and profit making companies like Oil PSUs should not be done at all. First the ailing PSUs should be hived off. 2) Important considerations include of the supply of the products/ services of these PSUs, un-employment of the employees, development of the regions where these are located, attitude of the Private players (indian/ MNCs) towards social issues other than profit motive. 3)the Price and scope of Govt's intervention after the divestment (should not be VSNL's way). 4) Overall cost (including the real cost) benefit analysis should be performed.

18:13:19 2002
Name: Rajat Johri
Email: rajatjohri@rediffmail.com
Your Views: In my view things are moving in right direction as far as disinvestment is concern. Regarding the specific PSU i.e OIL sector there are really some concerns I think we leave this sector of some time try to concentrate on other sectors such as Power sector and what about the small government industrial units which are really making losses. These are the areas where we really need change. As far as share market is concern need not to worry too much because they are not ruling the economy, still this market is very far from common man and ruled by foreign investors and they can change the mood of this market. It is really unfair to asses a nation like India only on share exchanges,where one has to work hard to find agriculture based company and we all know still our economy is heavily dependent on agriculture.As we know oil sector is not at all a problem for government since this sector is working fine. But we need change in those sectors which government is not able to handle at all. We being the people of this country should understand the fact that government is here to govern a nation and not for business. And dsinvestment is the compulsion in present circumstances for go.

18:13:37 2002
Name: Navneet Kumar Sharma
Email: nksharma27@rediffmail.com
Your Views: Asset values should also be taken into account apart from looking at market capitalisation of public sector units. Moreover the well-being of employees should be ensured.

18:13:51 2002
Name: Keerthi Vasan
Email: keerthi_vasan_pv@yahoo.com
Your Views: The fact is that the government's job is to provide safer accomodation, Education and better livelihood for which can be done in many ways other than having PSU's. Therfore the very concept of creating PSU's and investing in them is to deprive the money meant for social sector which is illogical to any good governance be it federal, provincial or local body. Hence we should not only strip them at federal level but also in every level. Strategic investments may be neccessary in some cases for regulation which could be present (Railways). But rest should be privatised and regulated by Regulatory Authorities like (TRAI, SERC etc)

18:14:54 2002
Name: Sujith Philip
Email: sujithphilip@lycos.com
Your Views: Try to invigorate Public Governance and concentrate on it instead. Leave PS and such businesses to experts!

18:15:46 2002
Name: Sudhir Malik
Email: malik_sudhir@rediffmail.com
Your Views: Those PSUs which are going in profit they should not sell . Our mission is to collect the money from those Units which are regularly going in loss .

18:18:32 2002
Name: anil
Email: anil@rediffmail.com
Your Views: Sir, Let our investments be encashed. OK. Also let the politicians and union leaders become fatter with these govt. owned burdens. But one request please donot attempt to sell me/children for your stomach. Regards & Jai Hind

18:20:19 2002
Name: saini
Email: saini15@rediffmail.com
Your Views: yES. psuS Are nobody's baby and are more like welfare organisations. For any body to function well, the extra fat is to be shed and muscles developed. This is not possible with the indifferent attitudes of work force in PSUs. e.g. HAL is working not like an aircraft factory, but like a welfare organisation. No wonder the aircrafts keep falling off the sky. Who is to blame? Its time to shut down sick and inefficient bodies and bring in efficiency in our environment. Let the indifference and bleeding of public money STOP. Privitise PSU's NOW. Saini

18:24:07 2002
Name: ram V
Email: ram@hotmail.com
Your Views: If the public sector companies are not making profit since independence, what is the big deal in they looting public money, by forming unions, politicising the entire organisation. Corruptions everywhere starting from peons companies to MD. The major achievement India has achived in the last 50 years is only SCAMS! It is the high time that we shd privatise, failing which we will see more Indian Jihadis, like Afgans in India, indluge in looting and other activities, because of no opportunity to grow for the next generation. As it is there is no recuritment in the public sectors for the last 5-10 years, lead to unemployment in the country!

18:25:03 2002
Name: avinash
Email: avinash11j78@rediffmail.com
Your Views: disinvestment should not mean total privatisation. a percentage of the total capital should remain with the government. induction of private would mean better management and also put an end to corrupt practices by the IAS officers.

18:28:44 2002
Name: MK
Email: mohank@comcast.net
Your Views: Sell, sell, sell, sell, sell, sell, sell, sell, sell,sell, sell, sell, sell, sell, sell,sell, sell, sell, Sell, sell, sell,sell, sell, sell, sell, sell, sell,sell, sell, sell, sell, sell, sell,sell, sell, sell, sell, sell, sell,sell, sell, sell, Sell, sell, sell,sell, sell, sell, sell, sell, sell,sell, sell, sell! Government should not be in the business of running businesses!!

18:30:01 2002
Name: sandeep
Email: sandeepgshetty@yahoo.com
Your Views: Dear Sir, As we know that PSU 's are making lot of loss, and each every pie of loss is make up by the revenue which has been taken as tax. Infact tax has to utilized to build the nation stronger, here it is used to weaken the nation. And if PSU's are privatized more company will compite these company and there will be improved customer services and more compition and more customer satisfaction. If it is not been privatized no one will be working in the intreset of company, but bussy in filling thier pockets, and miss using the company revenue. I think Mr. Atal Behari Vajpaee has taken most daring step to improve the economy of India, and happy that Mr. Arun Shourie is backing him. My sincer well wish to both of them and all the people behind privatisation. thanking you, yours truly, sandeep.

18:30:15 2002
Name: dan
Email: jpj@sify.com
Your Views: divestment must take place at a fast and timed pace it is very important step for our country to achieve 7 to 8% growth. I feel vested interest are trying to stop the process of divestment if you dont do it now india will definetly lose out to other emerging markets in terms of FDI and other investments

18:30:45 2002
Name: amit singh
Email: amit_engr@hotmail.com
Your Views: psus must be disinvested.

18:32:06 2002
Name: K. Raghavender Rao
Email: raghav44@hotmail.com
Your Views: Privatisation is a good sign for a developing country. The performance of the companies will be good as the management of it lies with the strategic partner.

18:33:34 2002
Name: sanjeevsu
Email: sanjeevsu @rediffmail.com
Your Views: Now our mainstream media and the elite intellectuals are under the disinvestment mania.Profit making VSNL has been handed over to TATA and they transferred a huge money owned by the people to their own company. This mania was started under the regime of Mr.Narasimha Rao.Then he told that by adopting new economic measures within 10 years unemployment problem would be solved and standard of living would be increased. In the case of upperclass and uppremiddle class new economic measures infact gave additional income.But in the case of common man it became unbearable. let us do the follwing 1.Let the prodisinvest 2.If the predicted growth and and other developments are not happening,there should be provision to give severe punishment to who are doing it including media for misleading people. 3.If they are not ready for that condition, should not allow disinvestment of public sector units ,which are built using the people's money . I am wondering why our globalisation pundits are not demanding representation of IMF,WORLD BANK and other such agencies in the parliament and cabinet.

18:33:46 2002
Name: Amol
Email: someone@hotmail.com
Your Views: Yes, we should. When govt runs the PSU, workers are sure about there jobs. Thats why they don't give their best. But in private companies, when they know if they don't work they'll lose their job they will give their best. Thats what this country needs right now. Our productivity needs to grow. People want salary increases but they don't want to work. Swadeshi will never work in this country when we need to import 70% of our oil, Where will you bring foreign exchange for that if you are not going to let foreigners get involved in this country? People should start thinking in terms of economy rather than religion! Only vote to those who talk about economy & not religion

18:33:47 2002
Name: Shashikant Gajanan Shevade
Email: shashikant@myshevade.com
Your Views: The reasons for sale of PSU : 1. Government has no business to be in the business, it should govern 2. Private enterprise is efficient, cost concious and quick in decision making 3. The PSU are loss making and a drain on the exchequer. These reasons are not sufficent for sale of PSU because : if PSU are inefficient it is because they have been handed over to demi-gods IAS persons. They have no business experience and have rigid views because of their past. The person heading the PSU is not accountable or if he fails there is no punishment, an IAS can get maimum punishment of a transfer. Sale of PSU will increase the monopolies as Reliance Petroleum will show that it has become a monopoly after taking over IPCL. In fact IPCL was mismanaged for making the takeover easy for RPL. The interest of IAS is in starting a new Project where he can pocket more money.He is not interested in making small money in maintenance and such silly contracts. GSFC, Petrofils are excellent examples of this creation of un called for capacity. The main requirement is to run PSU profitably, efficiently and honestly. The remedy may become more dangerous than the decease itself. PSU must not e sold.

18:38:46 2002
Name: Renni
Email: renni@yahoo.com
Your Views: India may not sell those PSUs which are in the following categories 1)PSUs which make impact on the life of the common people (not the employees). For example ONGC, Indian Oil, Bharat Petroleum, Railway, Road Transport Corporations, Electricity Boards / Corporations, Civil Supplies Corporations etc. should not be sold because, once these are in the hands of foreigners they will decide the future of India by bribing the corrupt politicians and buraucrats, and this will lead to another type of slavery for indians 2)PSUs which are now making profits and those which can be made profitable by taking necessary steps for reviving them, like assigning more responsibilities on employees. Other PSUs may be sold. If they are to be sold, first make proper evaluation for finding their assets and liabilities and decide the minimum price of them and assessment details should be made public and the should be transparent. If possible sell the shares to the indian public and indian companies. Also allow other PSUs to participate in the auction.

18:39:43 2002
Name: laleet
Email: life200001@rediffmail.com
Your Views: In my view we shall not sell our profit making PSU's because that is our tax payer's money, the caliber & hard working of the personell's rather where these are not yielding the desired results ie. the loss making could be sold but before selling them we shall think on the matter that whether they could be coverted into a profit making entity. If yes than also we shall not sell them.

18:41:57 2002
Name: raj drolia
Email: drolia@rediffmail.com
Your Views: i think gov. should disinvest psu sector as till know govt. has not able to perform well & i think a private company can deal it very nicely. So after selling psus govt. will be benefited. As govt will be earning more even though there share will reduce in percentage. & while selling the stake govt will also recive a handsome amount from which govt. can reduce there debt. very easily.

18:42:14 2002
Name: sachin
Email: sachinck@rediff.com
Your Views: I think disinvestment is very important for our economy and we should learn lessons from other countries like china and south korea how they have developed thier countries.Further our leaders should for once put aside their individiual agendas and work towards the upliftment of society .leaders like arun shourie should be made the prime minister of our country as i fell they are one of the only few honest ministers who are not currupt and are dedicated to their work and to the upliftment of indian society.

18:42:27 2002
Name: Abhirup Chatterjee
Email: dgp_abhirup@sancharnet.in
Your Views: Except Railway, Currency, Defence, Health, & Education. All the industries irrespective Of Loss Or Profit Must be Disinvested without any further loss of Time along with all the assets & Liabilities. Abhirup Chatterjee Ex. Sr.Manager Air Conditioning Durgapur Steel Plant Steel Authority Of India Ltd 24, Moulana Azad Sarani Durgapur-713216 Ph : 91343564315

18:42:54 2002
Name: RAJESH SAINI
Email: rajeshsaini500@yahoo.com
Your Views: NO PSU IS SICK. ACTUALLY, EVEN CMD OF ANY PSU CANNOT TAKE DECISION OF TRADE ACTYIVIES. BUT, THE PSU HAS TO PROVIDE LAPTOP, PC, PRINTERS, TAXI FOR FAMILY MEMBERS ALSO, MOBILE CHARGES ETC. (ALL FREE OF COST) TO MINISTRY OFFICIALS. SO HOW CAN PSU SURVIVE OR PERFORM BETTER ? EVEN THOUGH, MANY PSUs ARE PERFORMING BETTER AND IN PROFIT ALSO. REVALUATION OF ANY PSU IS NOT FAIR, BECAUSE MINISTRY OFFICIALS ARE GETTING BLACK MONEY FROM BUYER. BUT DISVESTMENT MINISTRY WILL SAY THAT BUYER HAS PURCHASED THE PSU IN MORE THAN REVALUED VALUE. EG. STC BLDG. IN THE HEART OF DELHI, WHEN CONSTRUCTED AT THAT TIME, IT COST WAS IN CORES, BUT MINISTRY HAS VALUED IN LAKHS ONLY. NOW, SOME MPs / PARTIES DO NOT WANT PRIVATISATION, BECAUSE ELECTION IS DUE IN NEXT FEW MONTHS AND THEY HAVE FEAR OF LOOSING SC/ST CASTES. SO IN MY OPINION, SALE OF ANY PSU SHOULD NOT HAPPEN. PSU IN EVERYWAY IS AN ASSET TO COUNTRY.

18:45:48 2002
Name: Shashikant Gajanan Shevade
Email: shashikant@myshevade.com
Your Views: PSU have following charges against them :1-Inefficent 2-Corrupt, 3-Not cost concious 4- a drag on exchequer, 5- are jahagiris of the IAS. True they are inefficent -but are all Private sector companies efficient ? IAS have a draw back that they always start from the power position and hence fail in business. In a game of becoming the best employer, they have misused the money on lavish employee colonies,high salaries and perks. IPCL paid car allowance to any employee without considering his designation. People certainly misuse such facilities. They can not remain cost concious. The carbon fibre filament plant of IPCL had only 40 tons / yr capacity and was used to produce hardly any respectable quantity as it was a defence project.PSU sale creates monopolies. All private corporates are not efficent. Great moneys involved will be diverted for private use ex.-VSNL to tala Teleservices. Psus wer started because these industries required huge capital and was out of any individual industrialist's capacity.Selling pSU means the remedy is worse than the decease. IAS head PSU as if they are demi-Gods and know alls.PSU head must be accountable, honest, cost concious and punishable.

18:47:08 2002
Name: Rajesh Rajamani
Email: findmeca@yahoo.com
Your Views: Of course, the Govt. should sell the PSUs. This is the only way we can make them profitable and improve our work ethics. As long as these companies are controlled by the Govt, employees will be corrupt and shirk responsibilities. The only way to bring accountability to our system is by privatising it.

18:48:16 2002
Name: AR Kale
Email: ramlsk@rediffmail.com
Your Views: The profit making PSUs are like Hen giving Golden Egg, if Hen is killed, there will be permanent loss of Golden Eggs. The Loss making PSUs can be straightway sold. The bureaucrats like Mr N.K. Singh and others wants to sell off first Gold making PSUs at a throaway price. Its a Public crime. The stand taken by S/shri MM Joshi, Fernades and Ram Nail is really COMENDEBLE. Indian Public will fully support them

18:48:57 2002
Name: hariprasad
Email: tarakad@rediff.com
Your Views: We can sell the PSU only the sick unit ie. loss making PSU like SAIL,HIND Organic,and other loss making company. But AB Vajpayee govt. is selling all profit making company. Hope the will sell India in future so that we have to buy all in dollars

18:50:05 2002
Name: J P Lakhotia, ACA, ACS
Email: jplakhotia85@sify.com
Your Views: 1) ONLY THE LOSS MAKING PSUs SOLD BE SOLD. 2)ANY PROFIT MAKING PSUs LIKE HPCL, BPCL, IOC, GAIL, BSNL, NALCO, ENGINEERS INDIA LTD, INDIAN SHIPPING MUST NOT BE SOLD. THESE PSUs HAS A LOT OF ASSETS, THE RE-INSTATEMENT COST OF WHICH IS SUBSTANTIALLY HIGHER THAN THE PRICE AT WHICH THESE PSUs ARE BEING DISINVESTED AS HAPPENED IN THE CASE OF BALCO - ASSETS WORTH MORE THAN Rs. 2000 - 3000 CRORES WERE SOLD AT A MERE Rs 551 CRORES. 3) MORE PAINFUL POINT IS THAT THE DISINVESTMENT MONEY IS BEING USED TO BRIDGE THE GAP IN THE FISCAL DEFICIT WHICH IS TOTALLY WRONG. 4) THE DISINVESTMENT MONEY MUST BE USED FOR REPAYMENT OF ANY EXTERNAL DEBT AND NOT FOR THE BUDGETARY DEFICIT. 5) OUR NEIGHBOUR - PAKISTAN IS TAKING VERY RIGHT APPROACH. THEIR PRESIDENT - Mr MUSHARAFF HAS ANNOUNCED THAT THE PROCEEDS TO BE RECEIVED FROM DISINVESTMENT WILL BE USED ONLY FOR RETIRING FOREIGN DEBTS. THUS MONEY RECEIVED FROM CAPITAL ASSETS SHOULD BE USED ONLY FOR CAPITAL PURPOSE LIKE REPAYMENT OF LONG TERM DEBTS. IN OUR CASE, THE GOVT IS SELLING EVEN ALL THE "NAV-RATNAS" WHICH ARE HAVING A COMMENDABLE POSITION IN TERMS OF ASSETS, MARKET SHARES LIKE VSNL,IOC, BPCL,HPCL,BSNL. rgds, JP Lakhotia

18:50:19 2002
Name: AR Kale
Email: ramlsk@rediffmail.com
Your Views: The profit making PSUs are like Hen giving Golden Egg, if Hen is killed, there will be permanent loss ofGolden Eggs. The Loss making PSUs can be straightway sold. Persons wants to sell the Hen(s) giving golden eggs should be declared TRAITORS as they want the Majority of Indian Public to become street beggers. The bureaucrats like Mr N.K. Singh and others wants to sell off first Gold making PSUs at a throaway price. Its a Public crime. The stand taken by S/shri MM Joshi, Fernades and Ram Nail is really COMENDEBLE. Indian Public will fully support them

18:51:31 2002
Name: Sukhbir Singh
Email: ranasukhbir8@yahoo.com
Your Views: If we would continue to sell the units like this then I am sure that only people like Ambani, Mittal, Narayan Murthy, Ajim Premji and other Industrlist would rule the Govt. There would be Ministers and secretary but they would be only for name without work. What is the need to sell the organisation which is going in profit. Why we are not improving our govt. staff so that they can give a better performance. The govt. does not want to have any pain and they are not thinking about staff welfare. So they think that just sell the Unit and wants away from every difficulty or pain. We can take the example of Petroleum companies one side they are making huge profit and side by side they have increased the petrol and diesel prices four times in last three months. If every Unit of govt. would be sell like this then who would be there to control them. Who will think about the ordinary men. There should be some provision for increasing the productivity and perfomance of the organisation. There should be time and personnel mangement in each organisation so that there is no wastage of time. If Govt. Of India would be continue to sell the units then there would not be any govt. control.

18:54:54 2002
Name: dinchak daruwala
Email: dinchakdaruwala@rediffmail.com
Your Views: privatisation means end of monopoly. Healthy competition and good quality products to the end user. It would only scare off the sons of the soils who cant fight competition and have been surviving on monopoly without delivering. That explains the conditions of the roads and stinking garbage all around us. Privatisation is a MUST. and it will convert the poor quality manufacturers to DUST

18:55:20 2002
Name: Anil
Email: anilhv@yahoo.com
Your Views: Compare foreign investment between India & China, u can see the difference!!! All the loss making PSU must sell off. If we don't wake up now ,it will be too late !!

18:55:21 2002
Name: Sunil Prajapati
Email: sunildp@lycos.com
Your Views: Yes, sell them.

18:56:00 2002
Name: A K narendranath
Email: aknarendranath@yahoo.com
Your Views: Why not? What's so sacred about PSUs? Are they to be given special treatment for the pathetic record they've set during the last 50 years? As for George Fernandes opposing disinvestment, he is the least qualified of the lot speak on this issue, but the media seems to give him all the attention that he doesnt deserve. His handling of defense issues -the crashing of MiGs, the failure of the army o counter terrorism in Kashmir, the failure of the army to check infiltration in Kargill and Tehelka are issues that should have sent Fernandes packing to hell. Thanks to the media, he is still around and trying to stop the good work that Arun Shourie is doing. Shourie should press ahead unmindful of these loudmouths like Fernandes amd Naik and manipulators like Mahajan.

18:56:09 2002
Name: john dsouza
Email: john@doccentre.org
Your Views: Assets like Land, Water acquired by the PSU in the "public Interest" should not be transfered alongwith sale. They should be given on conditional lease. The condition shoudl be that the social or national interest based on which the land was acquired/alienation from teh public in the first palce, continues.. and to safeguard that two directors on the board with trusteeship rights over these assets, should be appointed.. This way we need to ensure that while in the new dispensation, privatisation does not means loss of the public objectives which the unit was set up in the first place..

18:56:10 2002
Name: vinod kumar wadhawan
Email: smartjobs256@rediffmail.com
Your Views: Selling of PSU by the Govt. must continue. As far as internal bickerings are concerned,there is no such things happening,nor there was any.All concern ministers are saying only this that `It is time to sum up what have been the gains and losses, so that further course to disinvestment of PSU can be taken taking into the consideration of the experience so far.But media is playing a dishonest game with them and trying to put words in their mouths and confusing the minds of the public at large for some vested interests of the people behind them-the media

18:58:03 2002
Name: Debashis Mitra
Email: mitra_debashis@hotmail.com
Your Views: Yes, without any hesitation. Govt. can better utilise their time for quality governance rather than running corporates. As regards to profit-making PSUs, no point in making them loss-making and sell off at later stage. As regards to strategic sales or IPO, in my opinion, IPO route is a foolish idea. Ofcourse we should also understand that it is difficult to give up burocricy baggage

18:58:15 2002
Name: ketan
Email: kads002000@yahoo.com
Your Views: just in one line.... do we have any other option??? because of our population, poverty, corruption, politicians, dirty games, crime, less tax payers, tax findlings, no law and order in any pert of country... this list can go on and on. so too get rid of sick industry and some good one as a part of package, i think we must sell some PSU such that gove can reduce deficit. the only cause of concerned is the process should be transparent and all department should be informed and all problems should be solved beforre coming out with the list of companies to divestment. Gove must understand that this is a very sensitive issues and can effect general sentiments of the market for a long term.

19:00:22 2002
Name: Hemant Bhaiya
Email: hemantb@bsil.com
Your Views: We must divest all the PSUs except the strategic PSUs. The primary job of the government is to govern the country and not to run companies. Moreover, most of the political leaders are not even capable of running companies. So these companies should be handled by the managements who can deliver productivity. There is no point in government losing crores of rupees as a cost of running these PSUs. That loss comes back as the burden to we people in the form of taxes amd makes India one of the highest taxing country in the world which makes our life miserable. moreover, it will fuel the confidence in the minds of FDIs which is very necessary if we wish to incease the GDP rate and develop ourselves.

19:00:22 2002
Name: rani
Email: ranigrilledpepper@rediffmail.com
Your Views: SIR I SINCERELY FEEL THAT WE SHOULD SELL THE PSU"S AS MOST OF THEM ARE RUNNING ON LOSS. IF WE SELL THEM TO PVT. SEC. THEY MIGHT GAIN SOME PROFIT AS MOST OF THE COUNTRIES IN TODAYS WORLD ARE CAPITALISTS OR ARE MOVING TOWARDS THAT PROCES.

19:00:33 2002
Name: amitabh
Email: amitabhkr8@rediffmail.com
Your Views: No, PSU must not be sold/divested as they are pillars of economy, brought by tax payers money. also the returns are distributed amongst the people in an equal manner. Private monopolies will create islands of hereditary prosperity in a sea of poverty. Nationalisation took place to prevent concentration of economic power in few hands & to prevent exploitation of employees/workers. Privatisation is against workres/distributer/retailres/wholesells/national/public interest.

19:01:51 2002
Name: Balkrishna D. Karani
Email: karani@rediffmail.com
Your Views: GOVT. SHOULD NOT WASTE EVEN A SINGLE DAY & GET RID OF THE PSU'S OR ELSE THE THE HONEST STAFF (?) OF THESE UNITS WILL SUCK THEM DEY THRU THEIR CORRUPT WAY'S. NO WAY OUT BUT SELL THME STOCK & BARREL. AND IF THE MINISTERS OPPOSE PRIVATSIATION , THEY SHOULD BID FOR THE UNITS THEMSELVES WITH THE MONEY STACKED BY THEM IN THEIR SWISS ACCOUNTS ....

19:02:06 2002
Name: K. Balaji
Email: er_balaji@yahoo.com
Your Views: we sould sell as they are not showing any profit since long. There are no sign of improvement. And noone taking responsibility. Better to sell!

19:02:58 2002
Name: adhikarilal
Email: adhikarilal@yahoo.com
Your Views: Yes,India should sell its PSUs at the earliest opportunity.Divestment by open public auction eliminates corruption by rulers which is root cause of all our problems because every corrupt person/bribe extracting person tries to maximise his earning potential by blocking/delaying working of ordinary common men in india which retards any progress and specially in today's fast age of internet, we are remaining behind others due to slow speed caused by hurdles and speed breakers and roadblocks and harassement created by corruption and corrupt persons is working against national progress and national interest . I am sure that our country will become like heaven by allowing licence/permit/restrictions free liberalised economy to make India succeed in internet age and move fastest without hurdles of various regulations and allow Indians to work and prosper and to become richest in the world if corruption is driven away/removed at the earliest by combined efforts of all right thinking/acting people adhikarilal@yahoo.com

19:03:13 2002
Name: Elangovan K
Email: lucky_m27@yahoo.com
Your Views: Yes, they should be selling of the PSU's. Most of them are loss making and even the profit making ones are because of monopoly or little competition. The productivity of these PSU's are really low. Most of the employees have jobs for life and that affects the quality of work. Also the government should not be running companies but instead concentrate on the social sector. The PSU's are an enormous drag on the exchequer. Its high time the government dumps all the PSU's and concentrate on the real issues at hand

19:04:29 2002
Name: Vandan Shiroor
Email: svandan@email.com
Your Views: There are over 100 loss making PSUs in India. If the present management of affairs continue, can we expect better returns? At least the money received through the Disinvestment can be used to reduce the Debt and in turn the interest burden on it.

19:05:10 2002
Name: V.R.RAJAMOHAN
Email: rajamohan23@rediffmail.com
Your Views: YES - BUT AT RIGHT PRICE INDIAN GOVT CAN AT BEST ALL PSU TO ANY OR FOREIGN BUYER IF IT GETS THE RIGHT PRICE. THE CATCH HERE IS ALL THESE SO CALLED FOREIGN BUYERS ARE INTERESTED IN OUR PSU!s AT DIRT CHEAP PRICE BY DELIBERATELY SELLING THE STOCK ALREADY OWNED BY THEM AND PUSHING THE PRICE OF THESE SCRIPS TO ROCK BOTTOM PRICE. MY POINT IS GOVT SHOULD NOT COME UNDER PRESSURE FROM THESE FOREIGN INVESTORS AND SELL OUR PSU!s AT CHEAP PRICE.

19:06:46 2002
Name: K K P SINGH
Email: singh_kkp@yahoo.com
Your Views: Only loss making unit should be sold out.The profit making PSU should be allowed to participate in bidding. I am having doubt that in this corruption era the INFLOW from DISINVESTMENT will be rightly used for infrastructre which is the basic purpose for disinvestment not for balancing the fiscal dificit.
Name: syed
Email: farsyed@rediff.com
Your Views: first the process of reforms must proceed, next who is swadeshi people what credibility does george holds is it not the same george who behave nonsensly in mid 70s . now lets forget about him he is in his last lap office political innings. this country can't afford to ignore, divert, from the process of its economical reform policy. let the oppossers understand the fact we are in 21st century the challenges of today n years to come can't be looked from these old foxes of indian politics, the challenges our country is taking to show the rest of the world that we are capable of marching towards a golden era of india in years to come under the leadership of a dynamic, and scientific president of our country, to prove that we are not behind any nation, we need hassle free atmosphere for the development of this dynamic country from all internal incombent, ineffecient and stupid politicians. can't we learn the lesson without comiting more nonsense, why can't we take good examples from the nations like japan, korea, malaysia, indonesia, taiwan. time has come to prove our ability and show the entire universe that we have the vision to look forward n built a great super power by all means .

19:07:43 2002
Name: manoj dua
Email: manojdua10@hotmail.com
Your Views: Definately they should be divested and through strategic sales to private companies. As you can see the share market and FII investment which is seen as barometer to growth of econamy fell due to hurdles in disinvestment process.Govt has lossed atleast 10000 cr in one month and nobody seems to care about that public money( though there was very hue and cry of 40 cr. bofor scam) one person i greatly admire is arun ji which is working in a very tough situation manoj dua

19:07:52 2002
Name: srikanth ranganathan
Email: srikanth_ranganathan@hotmail.com
Your Views: Privatization must be implemented 100% but must have close to 90% or higher Indian equity in strategic enterprises like education, energy, defense & space supply, print media, transport and the likes. Divestment of government owned institution should preclude foreign hands. Or else you're placing Indian progress at the hands of foreign powers leading to potential blackmail situations. Divest for growth of India not growth of other nations.

19:08:24 2002
Name: atul
Email: atul@prssb.com
Your Views: GOI SHOULD SELL ALL PSU whether profit or loss making including bpcl & hpcl.

19:10:01 2002
Name: sekar.s
Email: sekar_s@bapco.net
Your Views: yes oil psu should be sold first. How long one corporation will tolerate in losses.Presently no post return from Govt.

19:10:19 2002
Name: pinaki gupta
Email: pinaki_80@rediffmail.com
Your Views: yes govt should sell off psu's as it is of no use running the sick units just for the heck of it.rather the money derived from disinvestment should be used for clearing the high accumulated interest of the govt.or for clearing of the fiscal defict or as capital expenditure to ensure better infrastructure,health and education.

19:10:39 2002
Name: anish antony
Email: dranish20@rediffmail.com
Your Views: The disinvestment of PSU's is a must considering the burgeoning fiscal deficit and resource crunch for welfare.There is no such strategic importance for oil in the present context of a global economy where the stake holders are wideLose of clout in their own departments, which individual ministers consider as their personal fiefdoms is the root cause of the present dissentions.If the government can't reach a consensus on the much agreed divestment, how can they tackle the tough measures like labour reforms,tax reforms and agricultural pricing reforms?.The objectors have no 'locus standi' and the process will definitely pick up steam within a short period.It's high time that the N.K Singh panel recommendations be implemented

19:15:07 2002
Name: gma khan
Email: gma@vsnl.com
Your Views: psu,s making profit be retained by govt.and to ensure further profitability of such u/takings a legislation/firm policy decision be taken to stop figering by politicians/govt.secretaries in the decision making process, management must have full authority over its business activity including investment/diversion plans. siphoning off of the public sector coys.funds must be stopped with immediate effectthrough politically motivated schemes.loss making psu,s deserved to be sold off as the chances of making them commercially viable warrant further investment of huge funds owing to the tax payers.

19:15:41 2002
Name: Venkateswararao Oruganti
Email: ovrao@rediffmail.com
Your Views: Yes, we should sell off the PSUs. Government shouldnot be running businesses but should only oversee how the businesses are run.

19:15:46 2002
Name: Deva Gowda
Email: boothana@hotmail.com
Your Views: I firmy believe that the government should move out of all industries and let the private secto handle everything. I think there are very few countries in the world where the government manufacturers from screws to cars and India is one of them. let us get out of this, and be just facilitators rather than runners of people's lives

19:16:39 2002
Name: naresh manwani
Email: manwani@bhelhwr.co.in
Your Views: yes

19:17:37 2002
Name: Chiranjit Banerjee
Email: cbanerje@vsnl.com
Your Views: India's tryst with disinvestment so far has not been well accepted by the working classes. While the pricing has been good, the government has failed to educate the masses about the perils of continuing with the bottomless pit that is the Indian public sector. What is required is an effective communication strategy.

19:19:04 2002
Name: R L Das
Email: rldas@rediffmail.com
Your Views: Let PSUs takeup organisational transformation and benchmarking to improve its business effectiveness. There is absolutely no reason to go for distvestment of PSUs.

19:23:42 2002
Name: Balamurali.G
Email: bala628@hotmail.com
Your Views: Only loss making PSUs and PSUs that are difficult to manager by the government should be sold. Efficienent disinvesment should be the key but it also depends upon how the government is able to manage PSU in the future. In my opinion government should run only essential services and leave the rest to the market.

19:23:47 2002
Name: sanjay maheshwari
Email: sanjay@nabira.com
Your Views: dear sir, i would like to make it clear that we should sale only loss making and no petrolium companies should be sold as this is back bone of our nation one should know the infrastructure oil companies have , govt should sale only equity in country no pvt co should take over it its nations 100 crore peopels loss ,if disinvest takes place they must declare how much property they have in public news then public who cares for nation should bye at least 500 shares to 100 shares minimum so that price of share should not fall below 1000/eacxh share then only psu disinvestment will be benifited by reall price , we should (all nation lover ) take interest to save our property means PSU. invest in shares rigrusly and nation should be benifited largly,

19:26:29 2002
Name: Ramamohan Pai
Email: pai_65@hotmail.com
Your Views: Its not about PSUs or disvestment. Its simply that successive Govts have used the PSUs like their family concerns. All and sundry (including some of the people who would have shouted election slogans for the politicians) have been given job. A job that can be accomplished by 1 person is being done by 10 people. (Remember the comparison between Worlds leading Airlines and Air India?). Now the Govt has a choice. They can go in for head count reduction (dont mistake it for VRS or Golden Handshake, which is too expensive, doubt if the PSUs have so much money left). Do they have the balls? No way. An invitation for a strike. Whats the other option ? Clear now right ?

19:27:04 2002
Name: Debashis Mitra
Email: debmitt@yahoo.com
Your Views: How much longer should we subsidise India's labor aristocracy? The beureaucrat, the neta and the liberal intellectual and the politician - the BLIP coalition - has robbed this country for too long. Sell the bloody monsters off I say and release the entrepreneurial energies of the Indian working class - the real working class, not the proletariat thugs who are impediments to a robust economy. Deb Mitra

Sat Oct 5 19:27:36 2002
Name: Mukarram Naqvi
Email: mukarramnaqvi@hotmail.com
Your Views: Before divesting the profit earing PSUs the government should ensure that the alternate employment options should be created.

Sat Oct 5 19:27:38 2002
Name: pulikkal shoukathaly
Email: sajar@emirates.net.ae
Your Views: Should not sell psu to private sector,because it took nearly all the budget to grow up this infrastructure and it will go to monopoly companies.overall effect losing poormans money

Sat Oct 5 19:30:28 2002
Name: viswanath
Email: vishygv@redifmail.com
Your Views: Of couse he have to do now itself.

Sat Oct 5 19:30:35 2002
Name: Ashok Kumar
Email: a_kumar@emirates.net.ae
Your Views: It would be a great folly if we did not take this correct step at this time. We must losen our control by selling out PSU's. We are not doing any good by retaining them in the hands of the government. The government has no business to remain in Business. Government should facil;itate in creating Infrastructure and be out of the business. This will lead to competition and improvement in economy in the long run.

Sat Oct 5 19:30:36 2002
Name: HANISH DAWDA
Email: priyadawda@hotmail.com
Your Views: dear sir, WE SHOULD NOT SELL THE PSU AS WE SHOULD HOLD ON THE PROFIT MAKING VENTURES AND SELL OF ONLY LOSS MAKING VENTURES SO AS TO REDUCE OVERHEADS AND THE ADDITIONAL BURDEN ON THE GOVERNMENT AND PSU ARE THE NAVRATANS OF THE NATION AND ANY NAVRATANA SOLD BY THE PERSON GIVES THE NOTICE TO OTHERS SAYING THAT THE PERSON OR THE COUNTRY IS BANKRUPT OTHERWISE . NAVRATANA'S ARE SPECIAL STONES WHICH A PERSON WILL NEVER SELL AND GIVES A NEGATIVE IMPACT OF THE GOVERNMENT STATING THAT THEY ARE INCAPABLE AND ARE LOOSING MONEY IN ALL ANGLES AND TRYING TO COVER UP THE LOSSES OR THE MISTAKES COMMITED BY THEM AND OIL AND PETROLEUM SHOULD NOT BE PRIVATISED AS THE CONTROL ON IT WILL ONLY MAKE THE GOVERNMENT STRONGER AND HELP THEM OVERRIDE ALLL OBSTACLES WITH SUCH INVESTMENTS. IF THIS GOVERNMENT HAS TO SURVIVE SHOULD OVERLOOK THE SMALL POINTS AND SEE THAT INDUSTRIES GROW WITH THEM REDUCING TAXES AND ASSURRING THE COMMON MAN THAT THE PRICES GO DOWN . SECONDLY SELL ALL THE PSUS WILL MAKE THE GOVERNMENT WEAKER IN LONG RUN. SUPPOSE THE CONTROL OF ALL THESE ARE HANDED OVER TO THE PRIVATE PARTIES IMAGINE WHERE THE GOVERNMENT WILL GET ADDITIONAL REVENUE , FUNDS AND GROWTH IN DIFFICULT TIMES IN WAR.

Sat Oct 5 19:31:49 2002
Name: Ashok Kumar
Email: a_kumar@emirates.net.ae
Your Views: It would be a great folly if we did not take this correct step at this time. We must losen our control by selling our PSU's. We are not doing any good by retaining them in the hands of the government. The government has no business to remain in Business. Government should facilitate by creating Infrastructure and be out of the business. This will lead to competition and improvement in economy in the long run.

Sat Oct 5 19:31:51 2002
Name: Thampi George
Email: a@b.com
Your Views: No, it is a conspiracy by the RSS to make the minorities poor. PSUs create jobs and these groups are the targets when PSUs are disinvested.

Sat Oct 5 19:35:01 2002
Name: Dr.D'Pankar Banerji
Email: dpankarbanerji@hotmail.com;dpankar@rediffmail.com
Your Views: yes, especially the sick units . It is high time to linger on with the inefficiencies .But to be very frank It should be like BALKO ( no retrenchments and no job cuts)and not like VSNL( where the public money is used for supporting other company,TATA TELE)

Sat Oct 5 19:35:17 2002
Name: Lakshmikanth S
Email: lakshmikanth_gt@rediffmail.com
Your Views: India must go ahead with the disinvestment policy. To be frank, why should every tax payer be burdened, as majority of the employees, especially in PSUs do not bother to work, and in fact they are not the worth their salt. All the non strategic PSUs must be disinvested and the money be siphoned off for the developmental works like taking up rural drinking water and sanitation. I would like to ask the employees of PSU to come out with one good reason, why government needs to continue with them? I believe they cannot come out with one.

Sat Oct 5 19:36:46 2002
Name: Prabha Arora
Email: sc_arora55@indiatimes.com
Your Views: Government is meant for governance and not business or making money. As long as we had governmets monopoly, we kept on getting poor stuff or service, be it cars, communication or anything. Disinvestment has infused competitiveness, quality and cost effectiveness and thus benefitted all sections of society. Any body opposing privitisation has either vested interest or is ignorant of world economics.

Sat Oct 5 19:39:30 2002
Name: rvsubramanian
Email: vsubramanian123@rediff.com
Your Views: yes

Sat Oct 5 19:40:31 2002
Name: Seetharaman
Email: kseetharaman@rediffmail.com
Your Views: I am of the opinion that all PSUs should be privatised to improve thier efficiency and to make them as a Globaly competitive company. But the sad part so far is that, they are yet to sort out their internal differences though it is more than a year now. This indicates how slow our system is, they are giving more importance to thier egos rather than caring about the state of the economy or the the voted people...

Sat Oct 5 19:43:07 2002
Name: sam pathak
Email: dhookup515@aol.com
Your Views: if this co are not making any profit. how long goverment can afford these losses so better sell them now

Sat Oct 5 19:43:30 2002
Name: Rakesh Singh
Email: rakesh_singh12@hotmail.com
Your Views: Why do we have Government running Airlines, Rail, Steel, Oil, Bank, .... ? India's strength is it people and give them an opportunity they will run it very well. Look at Airlines, we were the best in the world and now we are among the worst. PSU are now an entitlement for folks working it in it. India will remain a 3rd world country with mounting fiscal deficit if we don't sell these monsters. Inflation will go up, Rupee will get weaker, Taxes may go up, Investment will struggle, …. It is time for us to get smatter and try to be an economic power. Indians have done very well every were else except in India. Government run PSU is one of reason why we have struggled a lot. Rakesh

Sat Oct 5 19:43:38 2002
Name: DR PS VARMA
Email: verma1986@hotmail.com
Your Views: THE GOVT HAS NO OTHER BUSINESS BUT TO GOVERN. IN MY VIEW THE PSU SHOULD BE SOLD AND THE FUNDS ACHEAVED THEREBY BE USED TO CONTROL THE EVER INCREASING FISCAL DEFECIT. THE GOVT SHOULD NOT MANAGE COMPANIES INSTEAD IT SHOULD FOCUS ON GIVING GOOD GOVERNENCE AND KEEPING UP THE TRUST PUT BY VOTERS ON THEM.

Sat Oct 5 19:44:56 2002
Name: giri cvs
Email: cvsgiri@rediffmail.com
Your Views: dear sir, disinvestment process should be continued and the ministry should concentrate more on disinvest loss-making units first and also more transparesnt on valuation of govt.assets. govt. must answer to all querries relating to under valuation of it's assets. thank u sir. c.v.s.giri

Sat Oct 5 19:45:13 2002
Name: Venkatasubramanian Iyer
Email: rvsubramanian@rediffmail.com
Your Views: Whether it is BJP or any other party in power, it has to take a bold decision with regard to divestment of PSU's. There are twotypes of PSU's one is profit making another loss making (sick). In the case of later, hardly any money can be realized, except the fact government need not drain the tax payers money. In the case of profit making PSU's, there should be two pronged approach; first make a strategic sale of part equity and balance offload in the market either thru IPO or to institutional investors.

Sat Oct 5 19:45:36 2002
Name: ajaygoyal
Email: ajaygoyal@usa.com
Your Views: The OIL PSU should be strategically sold off

Sat Oct 5 19:47:48 2002
Name: Ankur Patel
Email: ankur_kabir@rediffmail.com
Your Views: yes Business is not business of goverment.Goverment only have control on the postal service.

Sat Oct 5 19:48:42 2002
Name: s.a.patil
Email: sapatil1960@yahoo.co.in
Your Views: not to sale psu because oil companies are the back bone of our nation & also profit making companies. It altimatly amt goes to govt. these companies regulary paying all govt taxes as applicable as compaired to pvt. sector. hence no need to sale psu.

Sat Oct 5 19:49:07 2002
Name: ajay
Email: ajay@gullu.com
Your Views: There is nothing wrong to debate which is the best way to divest. Public route may be better than strategic sale, we should try this route for atleast one company and we are going to do it with NALCO,lets see how it goes. But whatever route is taken , it should be taken quickly and the whole process should be completed fast, otherwise it is going to give a wrong signal to investors.

Sat Oct 5 19:49:57 2002
Name: Jayant Mehta
Email: jayant.us@att.net
Your Views: The Government should not be in the business of running business. There is a fundamental flaw built into the PSUs---the involvement of bureaucrats in the process. Bureaucracy, worldwide, is not the alternative to corporate excellence in governance. A strong merit based private sector is a threat to politicians who have historically survived on trade unionism, corruption and complete lack of accountability. The issue is really very simple---do we want India to progress or not ? If the publicly stated answer of politicians is indeed YES, then privatisation should proceed in high gear. The alternative is for lending agencies to impose privatization as a pre-condition to giving any concessional loans. Some people learn the hard way. If Vajpayee cannot use the services of the most honest Shourie, it is a failure on his part.

Sat Oct 5 19:50:57 2002
Name: Naresh
Email: nsawhney@msn.com
Your Views: get rid off ASAP.

Sat Oct 5 19:51:49 2002
Name: gopal
Email: venubanu@yahoo.com
Your Views: yes,yes and yes. I know how psu,s are run. without Govt. support almost all will be making losses. There is no accountability.If co. is making profits, large amounts are just fittered away on wasteful expenditure. Politicians are kept happy by freebees and satisfying them at company's cost. With clear laid down rules,and monitoring, all industries, service sector etc. should be privatised immediately. The other option is to hand over these co. for a twenty year lease with clear laid down rules. If performance remains unsatisfactory, goi should be able to take back the co. Babus will however resist privatisation more than the politicians.

Sat Oct 5 19:51:58 2002
Name: Raj
Email: nar@nae.com
Your Views: There should be a clear thinking on disinvestment. First why should we go for disinvestment should be answered. Is it relly necessary. Loss making psus can be privatised. no doubt in it. But some of the jewels in the crown are proposed for it. Why is it necessary? If private parties can run them successfull why not the govt. Tough decison is needed not in disinvesting but in administration level. And how come this process is going to affect the foreign investment as both are unrelated. If we were able to provide good cormporate environment without any beauratic hurdle we can easily woo the foreign investor. There should be a clear thinking in this regard and blindly we cant say that disinvestment will improve the economy. If private parties are interested to buy psus why should they buy this instead they can set up a new similar industry, so that competitiveness will improve wich will be advantageous for the consumers.

Sat Oct 5 19:52:01 2002
Name: Sharada
Email: shk80@rediffmail.com
Your Views: Privatisation is definitely going to help in two ways : 1) It is going to make sure that these Public sector units will improve in terms of quality, production, and profits if they are made private. This will be because of the increased attention by owners. 2) It is definitely going to help the Indian economy by recovering the fiscal deficit. In the long run privatisation is surely going to be a hit.

Sat Oct 5 19:54:12 2002
Name: MANISH DAVE
Email: INTOUCHNO1@AOL.COM
Your Views: Simple. Who do you think is reliable? Shoure or Fernandes? If Naik wants to distribute wealth with public, IDBI wealth was distributed at 121, IPCL was at 160, IFCI more than 30, sail, hmt, gail and what not? People could get rid of IPCL and get back their wealth only after this process. Manish

Sat Oct 5 19:54:17 2002
Name: S V Prasad
Email: vyaghra@rediffmail.com
Your Views: I strongly support the very idea of divestment as the Public Sector Units in India have become white elephants (barring few). This is the high time that Govt. should be allowed to speed up the process of divestment which will drastically change the India's presence in the Quality Global Market when Top private/corporate companys start managing these gigantic PSUs., which are limping due to high manpower, low productivity and poor order position.

Sat Oct 5 19:56:28 2002
Name: sub
Email: sub@yahoo.com
Your Views: Yes! We should. Why waste public money. Just selling PSU won't help...even Labor law has to be changed.

Sat Oct 5 19:56:48 2002
Name: venkataraman
Email: venk29@rediffmail.com
Your Views: It has been repeated ad nauseam by liberal politicians that the Government has no business running businesses. There is a large element of truth in this assertion. The only way for the Government to get out of the business of running {or trying to run} businesses is to disinvest. Slogans and shibboleths have no place in this process. The Government should sincerely implement a programme of disinvestment and invest the proceeds derived therefrom in infra-structural and poverty alleviation programmes whic will provide a lot of succour to the long-suffering Indian populace. More power to the Shouries!

Sat Oct 5 19:58:01 2002
Name: Alok Dhir
Email: amitdhir@satyam.net.in
Your Views: PLEASE GO AHEAD AS SOON AS POSSIBLE THAT IS THE ONLY WAY WE CAN MOVE FORWARD ON REFORMS ALSO THAT IS THE ONLY WAY WE AS LEARNED PUBLIC GET THE HOPE TO GET BETTER DEAL ON SERVICES RENDERED BY SO CALLED PUBLIC COMPANIES PLEASE SEE WHAT HAPPENED TO TELECOM SECTOR... THAT SHOULD HAPPEN TO ALL PUBLIC DOMAIN SERVICES FOR THE BETTERMENT OF THE CONSUMERS COMING TO CIVIC SERVISES ALSO

Sat Oct 5 19:58:09 2002
Name: GARIMA KAPOOR
Email: kapoorgarima @rediffmail.com
Your Views: the govt. should not disivnest. in the past, we suffered so much just because of one private company- THE EAST INDIA COMPANY. privatising the public sector companies can be harmful for our nation

Sat Oct 5 19:58:45 2002
Name: Michael Owen
Email: michaelowen@hotmail.com
Your Views: No, you shouldn't. You should allow the parasitical employees of such companies there to continue feeding at the public trough. I've run into numerous people from India in other countries, many of whom are at a loss to explain how such a talented and energetic people outside India can do so badly inside India. There's got to be reasons for it. One of the reasons is that you encourage parasitism in many ways, e.g., allowing such PSUs to flourish.

Sat Oct 5 20:01:36 2002
Name: Abhinandan Jain
Email: abhinandan_aries@rediffmail.com
Your Views: Despite criticism, I believe that Divestment is a good step by NDA Govt. At the time when Indian economy is under depression and PSUs are operating under losses the only remedy is to sell the PSUs. The another factor is widely spread corruption. In each Govt. Enterprise or unit nobody is willing to work. the only option left behind is to sell the unit. The main point is prevailing that after divestment employees will be pullout. I think this is absurdity. According to my view it helps in distinguish between the efficient and inefficient workers. Those who are opposing the move are the political parties who don't want to make a Prosperous India. and other are those who are not willing to work. Now we are living in 21st centuary, in order to live better standard of life we have to change our attitude. we have to take up some hard decision. However it is not impossible to make such changes without divestment. But due to some root cause problem it is difficult to expand Indian economy in the absence of such decisions. I requested Political Parties to favour this move as a development rather to bake political chapaties.

Sat Oct 5 20:01:40 2002
Name: sunyy
Email: sunyy@indiatimes.com
Your Views: Yes! must sell. It is very necessary to improve the service provided by these companies. You will be surprised if you see the indifference of people working in these companies towards their users. This is despite the fact that these units are heavily over employed. Even after being over sized the people opposing the privitazation want more people to be employed in these units. This is pathetatic as some of these units are making losses and this is bound to make them un viable. In short these following are my points in support of privitization . Inefficiency and un-friendly service provided. . Are not able to provide quality service. . Are one of the reason of omni-present corruption. . Over employment and unrealistic demands. Thanks sunyy

Sat Oct 5 20:03:18 2002
Name: aes
Email: ae sarvanan@yahoo.com
Your Views: Yes and No. Yes, as to selling is concerned. But, No, as for the manner of selling is concerned. The PSUs are public money and it is right to disinvest a portion of it to the Indian public and not to a particular group. This may reduce the Government's earning from these PSUs of course. But only earning should not be the objective in selling the PSUs. Look at the major cases: VSNL was sold to TATAs who within weeks had no shame to lay their hands on the kitty to resussicate their own group company. IPCL was sold to Reliance whose group MD was only a few weeks before then was arrested on the charge of holding classified information. Either Arun Shourie must be unaware or the CBI which charge sheeted must be lying about the Reliance. In which case one of them has to be tasked to. Look what Arun shourie has to say : "Reliance has been accused of keeping papers which are not "security-related" and so they are considered" In anyother country, such a talk would have seen him being thrown in no time! So if the papers related to a Tender related information holding which can help one hugely, it does not matter! Hell with disinvestment process! Hell with these cheats!

Sat Oct 5 20:03:58 2002
Name: Chintawar mahesh
Email: chintawarmahesh@rediffmail.com
Your Views: of course , all PSUs should divest?privatize. It was the excellent idea of our foremost and greatest leader of all time Late shri Jawharlal nehru at the time of transience during our freedom. We dont have capital at that time. By having PSUs we can able not only generate capital which is the most sacre at that time but also able to create more opportunity. Since then the time has changed. The more and more MNCs are coming to India. The Companies giving tough fight to indian industries. Unless until PSUs become more competetive , as per darwins law, they will strugle to survive in this cut-throat competition. By privatising, we are able to create transpant system of woring. The process will create funds which can be utilised for education and R&D purpose. Privitazation is the great step by this govt. And Mr. Shouri did a Excellent job for our beloved country by attracting Private corporate.

Sat Oct 5 20:04:00 2002
Name: padmaraja
Email: padmaraja_2k@rediffmail.com
Your Views: Seling PSU is not correct.The govt has no vision for the people of india.The govt should make a rule that ,in any PSU the ratio of 1:20 ( Executive:Non_Executive) should be maintained.Presently 50:50 ratio is maintained ,that only kills the organization.

Sat Oct 5 20:06:01 2002
Name: indrani
Email: indranii_saha@rediffmail.com
Your Views: the articles are good unbiased......however what i feel is that oil sector should be made into a strategic sector so that war and such crisis do not effect the country as it did in in earlier years......i feel the country should use some discretion when disinvesting ...not just do things at a whims end.

Sat Oct 5 20:07:28 2002
Name: nlsundar
Email: nlsundar@hotmail.com
Your Views: this is the fate on India, how a minister can oppose a govt plan, if he or they wishes let them debate in at party leavel and listen to what ever the prime minister says..we are the poor country and having highest inflation rate..if RSS like goups decide the GOVT policies We will become a mangolia not superpower..lets learn from china..PM SHOULD GO AHEAD WITH THE DIVESTMENT AND HAS TO TAKE ACTIONS AGAINST WHOEVER OPPOSSES THIS MOVE..LET THE DEFENCE MINISTER DO HIS JOB PERFECTLY BEFORE ONEMORE WEAPONS SCAM BURST OUT

Sat Oct 5 20:08:14 2002
Name: Anand Patel
Email: arms11@rediffmail.com
Your Views: In my opinion, We should sell all those companies which are doing nothing but loss. It will not create havoc as Joblessness or anything. the people who are willing to compete, will do their best.in the era of globalisation we need to have strength to compete any outside force. people in PSUs don't work enough as oppose to the people in private sectors. I am not telling to seell off all the companies, but see those who don't make any profit for government!!

Sat Oct 5 20:08:43 2002
Name: Arvind talegaonkar
Email: arvindtalegaonkar@rediffmail.com
Your Views: Yes Privatisation of PSU has to be completed as soon as possible

Sat Oct 5 20:09:08 2002
Name: S.Padmanabhan
Email: jespad@rediffmail.com
Your Views: YES it should.

Sat Oct 5 20:11:22 2002
Name: rupesh raghavan
Email: rupesh1_2000@yahoo.com
Your Views: The PSU'S are the largest employer in our country and our governments spend a huge some of money on their upkeep and paying for their large employee base. They are employed more on quantity basis rather on quality basis. The management is totally unproffesional and is totally out of sync with the needs of modern management. These Companies have a huge potential for growth but their potential is untapped and the government control is stiffling its growth rather than helping it grow. The laid back attitude of the PSU's and no pressure on performance has led these companies to under-perform year after year. The privitization of these companies will lead to the true usage of resourses of these comapanies and would help our country gain rather than loose any money. Privitization will provide the neccesary proffesionalism and the modern management skills which would help these companies to realize profits. Goverment should give up control of these companies for the sake of indians and those elements in the government who due to their self interest are trying to stop this process should be removed from this process at once.

Sat Oct 5 20:11:52 2002
Name: Dr.M.P.Narayanan
Email: mangudi1@rediffmail.com
Your Views: At the outset Iwd. like to say that i have spent my lifetime careerin PSUs holding highest position as CMD. Answer to your question is YES and NO Like anywhere else We have Good PSUs Bad Psus and Indifferent PSUSTo categorise all the PSUa as bad and inefficient is not correct.Some crucial sectors likeDefence cannot be sold out except in specific cases with justification. This leads us to the main question whether Govt shd be in Business or not. While the reason given for selling psuare grounds of inefficiency and incompetence you find that till now they have succeded inselling prime and profitmaking units.Govt is not having any clear basis for seperating the chaff from the wheat, .Govt also donot have a policyof selling psus perse based on certain norms.Why not have an open dialogue with stakeholders and take atleast view points of the senior psu executives. Notwithstanding the blame by the Govt on their alleged incompetence most of them are picked immediatelyafter they leave psus and given very high positions. EG Reliance Essar Sterelite etc. valuation methodology seems to be attracting adverse criticism and cannot be ignored totally.There is a ned for self introspection by t

Sat Oct 5 20:11:55 2002
Name: sarath babu
Email: sarath.manikonda@wipro.com
Your Views: Yes we should definetely privitise PSU. We should remove the monopoly in any market. let other people offer better services/products. the person who has the will to survive will compete in all terms and give better services and products. if any body does not do so will be kicked out by the competiotin and the customers themselves.

Sat Oct 5 20:13:58 2002
Name: pkseksaria
Email: pkseksaria@rediffmail.com
Your Views: yes,I am in favour of sale of PUS.But at the same time we have to confirm that no one Industrialist become monopoly.But Govt.should try to first sale loss making company or closed one.

Sat Oct 5 20:15:18 2002
Name: krishna
Email: kkraja3@rediffmail.com
Your Views: GET RID OF THESE GODAMMED 'WHITE-ELEPHANTS' WHICH HAS BEEN BLEEDING THE PUBLIC EXCHEQUER AND SUCKING THE TAX PAYER'S MONEY FOR MORE THAN FIVE DECADES RELENTLESSLY ! FOR ONCE, INDIA HAS BEEN HAVING A RATIONAL MINISTER IN THE AVTAR OF ARUN SHOURIE. IF WE CAN'T SEE SENSE EVEN NOW, GOD WILL ALSO REFUSE TO HELP INDIANS. IGNORE IMBECILES OF THE 'SWADESHI'AND 'SOCIALISTS' KIND WHO HAVE HELD INDIA ON RANSOM ON THE MOST IMMORAL,DESPICABLE AND THE OBNOXIOUS PHILOSOPHY WHICH HAS GIVEN TO OUR COUNTRY NOTHING BUT POVERTY,MISERY AND ANARCHY....

Sat Oct 5 20:15:46 2002
Name: anupam
Email: anu2906@aol.com
Your Views: Yup ....I support selling PSU. Private sector should run business and not govt,

Sat Oct 5 20:17:20 2002
Name: Ranganath
Email: ranganath@cwlglobal.com
Your Views: All PSUs should be sold and privatised... While selling the bidder should be considered in a manner in which it should be thoroughly investigated whether the buyer is capable of handling the PSUs and whether would be able to attaract the customer, consumers, investors etc.... Therez no harm in selling PSUs to Cos like TATA, Reliance, Hindujas, Birla...etc...as they are capable enough to run any type of Companies..Infact the path opted by Mr. Arun Shourie is on the right way.... Selling PSU would make the government rich and would reduce bureaucracy in obtaining jobs, would ensure proper maintenance, and would remove reservations...

Sat Oct 5 20:17:25 2002
Name: Bindumadhav Hunnur
Email: bindumadhavh@rediffmail.com
Your Views: PSUs are National assets. They should not be sold.

Sat Oct 5 20:20:20 2002
Name: Hamlet
Email: hamlet054@hotmail.com
Your Views: Yes, the Indian government should get out of all businesses. The money made through disinvestment should be invested in infrastructure. India needs a huge investment in infrastructure to acheive its real potential.

Sat Oct 5 20:21:32 2002
Name: Rajiv SIngh
Email: singhra3@hotmail.com
Your Views: Yes, we should sell PSUs. There is no other option as Government doesn't know how to run business and should concentrate on poverty, education and other basic amenities for its citizens.

Sat Oct 5 20:22:25 2002
Name: Pras Kumar
Email: pras@dontbother.com
Your Views: As an Engineering student I had the opportunity to work at BHEL, Trichy. I have seen managers, engineers and shop floor personnel reading local magazines, newspapers, gossiping for extended periods of time. I wondered how such a place could be productive and profitable. This is deplorable in a highly globalized world of manufacturing. Lets learn from the Japanese & American models of manufaturing. The companies should be privatized in phases, with the government holding 51 percent stake for 25 years and then become a minority stake holder if prospects look any good.

Sat Oct 5 20:24:58 2002
Name: Anil kumar
Email: anilah@iitk.ac.in
Your Views: PSUs unit should be sell. it is not because of getting the revanue but also to maintained the transparcy in the organisations. In the globalisation there should be the competetive market for better quality. but govt. must also care about any type monopoly.

Sat Oct 5 20:25:45 2002
Name: sameera
Email: sameera139@hotmail.com
Your Views: No. The PSU's should not be privatised. There are more disadvantages than advantages

Sat Oct 5 20:26:22 2002
Name: Dr. Tapan Kumar karmaker
Email: tapankarmaker@rediffmail.com
Your Views: In my opinion disinvestment is the only option any government in India has in present situation. Government should only do what government should do that nation building. public sector should be given to professional managers in private hands with an aime to make profits in the company.how ever government may have some stake in all public sector.

Sat Oct 5 20:26:44 2002
Name: Manu Nair
Email: numan_manu@hotmail.com
Your Views: Investments flow to Bangalore and hyderabad for a reason! That's all you need to know to decide whether Privitization is good or bad! As far as Politicians go, when is the last time they put Development, education etc etc first!!

Sat Oct 5 20:31:48 2002
Name: Murali Kadaveru
Email: mkadaveru@aol.com
Your Views: Privatisation is the only way India can assure the growth. It makes all the PSUs more productive. It also encourages healthy competition and foreign investments. Hope Vajpayee will influene other cabinet members soon.

Sat Oct 5 20:33:49 2002
Name: Menon
Email: mvatx@yahoo.com
Your Views: Yes we should sell most of the PSUs. Its very much over due. Govt. is not able to run any of PSU profitably. Currently PSU are useful only for the currupt politicians and burocrats to fill their pockets. Why we should agree for them to eat our own hard earned money? VJ

Sat Oct 5 20:33:54 2002
Name: R.V.Subramanian.
Email: rvsub22@rediff.com
Your Views: Yeah the privatisation of PSU's should be done with out any further delay for the country's economy to keep the momentum set in. The politicians are self centred in raising voice against this. The PM should stick to his firm stand and encourage the cocerned ministry to go ahead full throt to acheive the goal.

Sat Oct 5 20:35:09 2002
Name: Narender Reddy Baddam
Email: reddynb@rediffmail.com
Your Views: Yes we should do it as soon as possible it will help to regain the productivity of the sick units as the private sector will not allow the slackness and any take it easy policy of the employees on discharging duties.We need to upgrade our skills and productivity keeping the quality intact and it is possible in selling out the PSUs.

Sat Oct 5 20:35:13 2002
Name: Amit Diwan
Email: diwan_amit@hotmail.com
Your Views: It is extremely critical that the PSU are managed in a significantly better manner than they have been managed thus far. And this is not an attack on the capabilities of the management team, but rather on the objectives that PSUs serve - and I would argue these are largely political either directly or indirectly. I would classify the PSUs in two categories - One which are set up with the objective of making profits and thus directly compete with the MNCs. These have less of a chance to do well due to better management of the MNCs and the pressure to decrease the regulatory benefits PSUs are currently enjoying. The second category includes those PSUs that have a social objective, but rampant prevalence of CORRUPTION and POLITICIZATION of these units has made them USELESS if not contrary to serving there purpose. I see no reason for not to divest the PSUs as I have lost all hope in making them perform their designated task in the current format

Sat Oct 5 20:35:42 2002
Name: r.nath
Email: aztecwarrior_4u@yahoo.com
Your Views: in my opinion only those psus which are running in red should be sold.theres no need to disinvest money spiners like oil companies or the telecom.and of course the first thing to be done is stamp out political interferance, what with ministers treating their ministries as personal fiefdoms.if the politicains act with a little bit of consience this country will get out of troubles.but alas has any one heard of anyone who has been able to set a dogs tail straight. its a tall ask but what with populism overuling comon sense nothing wil come good.

Sat Oct 5 20:38:34 2002
Name: Utpal Ghatak
Email: century@suprovat.com
Your Views: The only reason for the existence of the PSU's is that it provides employment to the unemployable and makes the Ministers fell great and something to play arround with and waste tax payers money. The Government of India as the worst PSU should be disinvested too, or preferably sent into liquidation.

Sat Oct 5 20:39:58 2002
Name: Dr. Vinay Deolalikar
Email: vinayd@hpl.hp.com
Your Views: As far as running industry goes, whatever the government can do, the private sector can do better and more profitably. As we have seen several times, a loss making PSU can be turned around by the private sector into a profitable enterprise (example Modern Foods). Similarly, even a profit making PSU can be made far more profitable when run by private hands. Why the are oil PSUs profitable - because they operate a government monopoly and get to price oil oblivious to international standards. It is not because they are very efficiently run. They must be sold with the long term goal of making them significant international players.

Sat Oct 5 20:47:13 2002
Name: Satyanarayana kakarla
Email: snkakarla@mailcity.com
Your Views: PSUs must be sold out and Divestment process to be accelarated.All this divestment money to be properly spent on Infrastructure development like Roads and Ganga-Cauvery river linkage project. Most importantly, Rural development projects to be given priority.I feel Ganga-Cauvey linkage is definitely good idea to solve water problems between states, Irigation facilities to lands Employment generation by such huge project. Hencewith, Divestment process is the only way to raise funds for such projects. Basically, government is not meant to do Hotels,Oil selling etc.It's supposed to be only policy maker. Dear Prime Minister, Go a Head with Oil sector divestment.Don't disappoint us.Show your experience and commitment.

Sat Oct 5 20:47:54 2002
Name: SASIDHARA REDDY
Email: sasiir@yahoo.com
Your Views: Government has got no business to be in business. it's perfectly correct to encash the investments made earlier, at a time when not many were interested to invest in core sector. The funds needed for development in other sectors starved should be obtained by these sales. There should be no descretion like, whether the unit is loss making or profit making.

Sat Oct 5 20:55:57 2002
Name: vithal bohra
Email: bohra_51@rediffmail.com
Your Views: Public sector units came to our economy broadly due to and with... 1.private sector were not resoursefull and was unable to invest huge money particularly in infrastructurer sector even ther were no channels and capacities to include partipation of privte sector and general public.the government therby provided employment too. 2.Government with budgetory support invested the money in psu units.In other word public was taxed and investment was made in psu 3.Productivity and efficiency was not compared due to lack of copetitor.The main stress was on employment and there was vertical expansion of offices and employment. THE PRESENT SENERIO IS.......1.The private sector has both finacial and proffesional capacities to run business presently run by the state. 2.Public not in INDIA but globly is against high tax rates and any budgetory support contribution by public at large by way of tax burden. 3.Public at large is interested to invest in psus if run by private sector. Looking this goverment need not to waste its energy by creatig more ministries and deptt.to run business in monopoly fashion.Productivity and profitabilty is to standby with social responsibilities.andwelfare

Sat Oct 5 20:56:00 2002
Name: Pranay Bansod
Email: pranny325@indiatimes.com
Your Views: All sick loss making PSUs must be immediately divested. Their size is enormous. But the efficiency is lacking in these organisations. Further more thought should be put in as far as divesting moderately performing PSUs are concerned. We cannot call them profit making ones because they are not living upto their full potential. Privatisation cannot be a final answer until the attitude of our Indian management and workforce changes. But as of now it is the only option. Also it can be clearly seen that we have no other option because of WTO. Whenever we will stall economic reforms WTO will only put more pressure on us. And we will have no option but to comply. The WTO is strong. We cannot leave it as it will only worsen or already weak position in international trade. WTO is not necessarily bad. It can do good if we know how we can use it to our advantage. China has already done it and we too have follow suit but our way. To sum it up on this very crucial issue I will just say that we cannot think about divesting PSUs, we have practically no choice.

Sat Oct 5 20:57:03 2002
Name: Kishore Rao
Email: cvkrao@yahoo.com
Your Views: It is foolishness to say we should not emulate the west. The point is, we cannot do it, even if we want to, given the kind of labour laws we have and the attitude towads getting work done in a honest way. We should get the best of the west, emulate their economic policies, not their culture. As Mahatma Gandhi once said, when you see something good in others, one should immediately pick it up. Are we not strong enough not to be influenced by western culture, if that is the fear of some ? The RSS chief wants only Indian companies to flourish, he is right. They have been a given a chance for the last 50 yrs, let them now compete with the rest of the world, let the govt get out of bread making, let it ADMINISTER the country and not spend its time making watches and covering for people who do not want to WORK in the money sucking damn PSU companies !!!

Sat Oct 5 21:02:44 2002
Name: Kishore Rao
Email: cvkrao@hotmail.com
Your Views: Oh ya, we sure should. How long will the government spend its time making bread and watches, running hotels (crazy!!), let the employess of the PSUs get a chance to prove their mettle !!

Sat Oct 5 21:04:38 2002
Name: Nirav
Email: nick_patel4@yahoo.com
Your Views: Divestment is necessary to save public money going into granage and make then efficient so people don't have to pay extra for those services. The main thing that should be looked at it corruption. Sell-off should be totally public and we have to make sure that it is not creating monopoly. We know that most of out systems are currupt and THANKS TO CONGRESS for starting and other parties to following it.We are "public" paying more for those services or just westing out Tax money to run most of the PSUs. The main sector that should be privatised is Electric. That is necessity right now for everyone and for everything. We can not achieve any thing without having Three basic utilities. Water, Electric, and Roads. We should pay special attention developing this three things. Opposition parties were allowed in constitution for check and balance purpose, but it has only become the opposition voice for govt. each and every activities. They are only worried about their own purpose of ruling. If opposition honestly take part in the parliament activities and Govt. uses the knowledge of educated people rather than ministers own. Then PSUs sell-off will give result as much as it suppose to.

Sat Oct 5 21:10:37 2002
Name: Gyan Pandey
Email: gyanpandey@rediffmail.com
Your Views: Selling of the PSUs is a must for the survival of the government whose resources are depleting fast. It is not linked to BJP or Congress or Sangh Parivar ideology. People like Ram Naik should imagine the scenario in which another party in power takes same kind of advantage out of PSUs as he did extract or still wants to extract out of petro-PSUs. The industry must be run by the people who can generate wealth for the nation, and not by the politicians/IAS/babus. The national character is the same in all walks of life. So there is no danger of strategic industry going in the hands of traitors by its sale to private sector. We have enough traitors in the politicians too! The question "Should we sell the PSUs?" can be answered by a question - "Do we have a choice (if survival is to be ensured)?"

Sat Oct 5 21:14:28 2002
Name: shivraj
Email: shivraj81@yahoo.com
Your Views: yes

Sat Oct 5 21:18:40 2002
Name: Manish V Pimpalgaonkar
Email: mvp72@rediffmail.com
Your Views: Yes by all means.It is ridiculus to oppose the move. We hv to learn lesson from developed country specially china,where economic reforms hv the highest on agenda. Absolutely essential to boost the overall economy.

Sat Oct 5 21:27:11 2002
Name: Vinayak Sharma
Email: ibinnu@rediffmail.com
Your Views: I don't think these companies should be sold at all. However there should tighter rules for the employees working in such a company. If we see for instance IOCL, it by no means is going in loss. It has been making so much money that it can buy its rival company! Then over the Indian Railways row, I don't think anybody other than the govenment can beproviding better srvice at such a price to a nation whose 50% population makes a living for less than a dollar a day. Like you are gonna read this?

Sat Oct 5 21:27:40 2002
Name: shiv swamy
Email: swam@mailcity.com
Your Views: yes the government should get out of business! the PSUs are a big drain on the Indian people. the rest of the Indian population should not have to pay and suffer just so the current PSU employees have a cushy life and the political bosses the clout over their PSUs. Its in the nations interest to get out of the PSUs by selling them off to Private businesses,

Sat Oct 5 21:28:23 2002
Name: Priya
Email: priya_vishwas@yahoo.com
Your Views: Divestment is absolutely neccessary and is going in the right direction. Divestment is surely going to prove to be a boon in the long run, not only in terms of efficient management, increased profits, and high quality standards of the PSUs but it is also going to help the Indian economy to recover its fiscal deficit to an extent. Outside control will certainly go a long way than political control.

Sat Oct 5 21:33:13 2002
Name: kishore daryanani
Email: kdaryanani@rediffmail.com
Your Views: it will increase the growth,it will remove the redtapisim, create more jobs, increase compitetion, remove corruption, every body is answerable, products will be cheap.

Sat Oct 5 21:36:24 2002
Name: sanjeev tiwari
Email: getsanjeev1@rediffmail.com
Your Views: emphatic no..for those which are highly professionl in their conduct and high paying for the government ie ongc,iocl,ntpc,bsnl name a few..on the same note those which are important for india's security are also required to keep control on.

Sat Oct 5 21:48:46 2002
Name: Vinay
Email: Vins@rediffmail.com
Your Views: Dis-investement should continue. As govt is there not to do business & We don't want emipres & kings in the Form of Ministers & PSU's for them. Which they can rule & Use as there own personal property.

Sat Oct 5 21:49:11 2002
Name: manju
Email: man@abc.com
Your Views: Yes Govt should take out money invested in all psus and invest on infrastructure projects Imagine air conditioned railways, four lane free ways, inter connected rivers, large air network! All these are a dream becasue our money is struck with PSUs krishnamurthy Manjunatha Atlanta

Sat Oct 5 21:51:31 2002
Name: sriram
Email: msrc@indiatimes.com
Your Views: Privatisation should be the norm as we cannot afford to put peoples hardearned money to run loss making PSU's and also allowing consumers to have mnore choices for products which can be brought through privatisation and compettition .It only gives new innovations and better quality of life.

Sat Oct 5 21:52:05 2002
Name: Sunil Jalihal
Email: sunil.jalihal@opusabs.com
Your Views: Yes, we should sell all our PSUs right away. The government should get away from all businesses and should just be an enabler. If there is opposition within and outside the government, the reforms should be steam-rolled!! Somebody has to take this up and do it quickly even if its in "dictatorial" style.

Sat Oct 5 21:59:46 2002
Name: Vipul Kothari
Email: kotharimail@yahoo.com
Your Views: I beleive in disinvestment. There are various reasons - most of the PSUs are not even competitive in the local markets, they get govt protections, PSUs are not productive, lot of politics, and there is lot of corruption... Vipul

Sat Oct 5 22:01:23 2002
Name: karthik
Email: kartik1982@hotmail.com
Your Views: Only the loss making PSU'S should be privatized not the good running ones.

Sat Oct 5 22:05:16 2002
Name: Srinivas Aluri
Email: cnuga@hotmail.com
Your Views: The problem with our governments (State and Central) is that are involved in too many things(i.e. too much control and power) .Why should a minister in Delhi be incharge of Steel Plant in Vishakapatnam? He can appoint/ remove people, which is ideal ground for corruption. Government role in the country is take care of defense, finance and some social resposibilities. We needed the PSU's in early 60's and 70's some of them served the intended purpose and most did not. The only problem with the current process is, where is the money going, to fund the deficit. Funds raised through disinvestment should go to plan expenditure, such as building more schools, improving the health and nutrition of general public and for building infrastructure. Otherwise, its a useless exersice by a Finance Minister who is just trying to meet the numbers, he promised in last years budget. One more important thing about disinvestment, is that there needs to be more transparency both in the disinvestment process and where the money is going. The message is simple, disinvest and build nations infrastructure.

Sat Oct 5 22:06:04 2002
Name: Rakesh Gupta
Email: rakgupta@hotmail.com
Your Views: We should sell almost all PSUs, as soon as possible. Rakesh Gupta

Sat Oct 5 22:07:36 2002
Name: ativ
Email: ativ82@hotmail.com
Your Views: Ya, privatisation is the need of the hour. who authorizes these ministers without any economic background to comment on these issues?? first they dont study, just become a minister and then hinder the country's progress. Arun Shourie, a minister no one can accuse of corruption because of his integrity is the best man to judge whether we need it or not. These ministers dont wan privatisation because then they dont hold any ministry above it and so,, no money#$$. Everyone knows wat happens in PSUs. Workers go, entry their name in registrar and come back home. and laugh at the government. look at so many PSUs which have been disinvested and now are making money? Dosnt that increase our GDP? sick industries lead to a loss of 100 Billion ruppes to india every year. maybe we can decrease that. and to finally support my point, here is a statistic you woont forget. Till now, the disinvested PSUs market value was 800 crore rupees..and we sold it for 11000 crore rupees. Doesnt that sound good? maybe we can pay back IMF and start keeping the mind boggling intrest payment we do every year. think about it. don't just listen to the ministers whose only intent is to get power!!

Sat Oct 5 22:07:50 2002
Name: indira
Email: igunturu@yahoo.co.in
Your Views: PSU can remain as it is. the interference from the respective ministries have to be taken out.The CEO's are to be made more accountable and the employees are also to be made responsible and accountable. the labour laws require a change. With only 7 employes an union can be started. this type of laws requires drastic change. make more competetive and customer focussed. once u make accountable all thse things.

Sat Oct 5 22:10:42 2002
Name: kanan
Email: kanansaurabh@yahoo.com
Your Views: Its time politicians stopped protecting their turf and started selling off the businesses the government has no business running.....and ruining

Sat Oct 5 22:26:52 2002
Name: jayadev
Email: blangatok@yahoo.com
Your Views: This is the opinion of a student.I have seen people coming to office at 11am, gossipping, cooking their food,sleeping and leaving at 4pm at a PSU. If this is the way public sectors are being run, i see no other option but to make them privatised. Either show results or close your shop.There should be no salary for whiling away your time at work.This is the only way one can increase productivity and as a result, the profits.Why is the IT industry the most profitable and most promising? Because most of it is run by the Private Sector.And IT people are being paid more too! Most of the MNCs are in private hands and they are the world leaders in their respective fields. I wish all the luck to our Divestment team.

Sat Oct 5 22:31:24 2002
Name: Y J Patil
Email: yjpatil@yahoo.com
Your Views: Yes, we should sell. It's the only way to achieve set golas for growth. Thanks, Patil

Sat Oct 5 22:31:54 2002
Name: G THAKUR
Email: gthakurntpc @ rediffmail.com
Your Views: Government should come with an package to improve the health of sick public sector units within a time frame, and assesment is to be done periodically .IF efficiency improves,then okay otherwise they should be sold off.

Sat Oct 5 22:37:06 2002
Name: praveen
Email: praveen1408@rediffmail.com
Your Views: Yes

Sat Oct 5 22:38:05 2002
Name: Neel
Email: neel_sank@yahoo.com
Your Views: yes We Should

Sat Oct 5 22:39:52 2002
Name: Sanjay Kumar
Email: sanjay_shahi@hotmail.com
Your Views: We need to privatise all the PSU for our better economy development. People working in sick and profitable PS units are taking everything in grant that their jobs are secure and which result to the low productivity. Ofcourse after the privatisation the productivity rate will go high and profit will go up. We need to get rid of PSU's for our better future. Sanjay Kumar, Washington DC

Sat Oct 5 22:42:43 2002
Name: Krishna Prasad
Email: kprasad38@hotmail.com
Your Views: Selling of only profit making PSUs is not basically correct. PSUs are to be privatised for better management and productivity. Why can't the Govt. first offer the loss making PSUs,there are innumerable number of them,so that private sector can make them rebound. Selling of the profit making PSUs at definitely a lower price than its true intrinsic value will only make the country poorer and some lobby rich. Another aspect worth seeing is how the money got from selling the PSUs is going to be utilized.In all probability 80% of this will go towards footing the bills of the bureaucracy,without any constructive use. For removing the fiscal deficit we have to examine where the main expenditure of the country is going and how can it be reduced. Selling the profit making PSUs is not the solution.What after all the profit makinf PSUs(Navratna)are sold?

Sat Oct 5 22:46:52 2002
Name: ramesh
Email: ramesh_t28@yahoo.com
Your Views: The Disinvestment Ministry was doing fine. There will be people everywhere who say no to every bold initiative. As the Prime Minister is giving full support to Arun Shourie, he can ignore some people and go for disinvestment of PSUs

Sat Oct 5 22:48:27 2002
Name: cvr murty
Email: murtycvr@rediffmail.com
Your Views: The basic objective of disinvestment is to run the PSUs profitably and professionally by the Private SectorCompanies / MNCs without affecting the interest of the employees working in such orgns. and also the social objectives. So long the objectives are taken care of disinvestment can be pursued and the process should be transparent.

Sat Oct 5 22:50:29 2002
Name: SANKHA
Email: sankha26@indiatimes.com
Your Views: Absolutely yes,all the PSUs should be privatised.the Govt must not stop a bit on this issue. Bogus persons like rubbish Fernandes and worthless RSS and SJM must not be allowed to decide the fate of a global economy.

Sat Oct 5 22:54:25 2002
Name: Abhijit
Email: dabhijit@hotmail.com
Your Views: We have had the PSUs for more than half a century. They were supposed to be the corner stone of Indian Industries. But the unflattering fact is that they can not deliver. Instead they are barely surviving on tax payer's money. It's time to change the face of the PSU's by putting it up with a capable and competetive management. Privatization is the only alternative. Some people may loose job but it would pave way for other brighther and worthy people. Moreover a success story of a single industry draws many other, creating more jobs. It has a long term ramification on the whole industry and on the economic upliftment of our society.

Sat Oct 5 22:55:44 2002
Name: Balakrishnan R.
Email: balki@rediffmail.com
Your Views: Privatization makes sense only if the sale proceeds are used for gainful purposes like infrastructure development. If it is used to cover budget deficit and for paying salaries then better not privatize.

Sat Oct 5 23:03:31 2002
Name: bhamidimarri
Email: sure_gene@rediffmail.com
Your Views: There is no better idea than to sell the PSUs.There is no point in keeping them with the government when there is'nt any income from them. Lets save the expenditure on them. There are only a handful of them which are generating revenue.

Sat Oct 5 23:05:00 2002
Name: Rahul N Shah
Email: rahulshah01@rediffmail.com
Your Views: The disinvestment programme should go in full fledged & in full swing people who r lobbying anti disinvestment programme should understand the programme properly & not just do any stunts for CHEAP publicity this message specially goes to RAM NAIK & GEORGE FERNANDES iwant this message to go to the concerned ministers they analyze the situation by the strong reaction of the stock markerts i want the above report on disinvestment onthis website (as it is so perfect it just says what i mean) to go to the concerned ministers.They should learn that still there r literate & knowledgable youths in this country who think in the interest of this country (& not all brain is exported).I want to convey (or reach this message) to the concerned ministers as they will be responsible for hindering the economic growth of the country they should be stopped before doing this horroneous crime for the 1 billion pop. of India.I plead with this website to reach this message to the above ministers or provide me info. to contact them.I am deeply concerned with the above matter. REGARDS.

Sat Oct 5 23:06:33 2002
Name: Satya Merugu
Email: merugu143@yahoo.com
Your Views: Unless there is profitability and accountability in a PSU,it should be privatized.

Sat Oct 5 23:23:36 2002
Name: Murali
Email: mdharanr@hotmail.com
Your Views: Yes, It SHOULD be privatized. If you want productivity privatization is THE solution. There are lakhs of court cases pending in courts today.This can be settled via arbitration when both parties involved are non-governemental.

Sat Oct 5 23:28:19 2002
Name: vijay saxena
Email: vij90@hotmail.com
Your Views: We must get rid of the sick PSU. India need lot of money for Infrastructure developmen for that divestment of PSU is must. Strstegic sale is only and best option which can give good money for the PSU.

Sat Oct 5 23:29:04 2002
Name: Basavaraju G
Email: gbrbgan@hotmail.com
Your Views: First of all we need to ask ourselves why do we need PSUs ? PSUs were needed during 1950s because no country was ready to invest in India. They just wanted to sell the products to India. PSUs were needed to create Jobs, making India self reliant. Then we also had great leaders who took moral responsibility. Also we had honest working class. During the course of years environment has change a lot. We have a political class who are corrupt and there vision doesn't go beyond the vote banks and the worker class who are not honest. So we have PSUs which have eroded their values and become a liability to the limited moral tax paying citizens. I am for Disinvestment. I only disagree with Govt on the way they are using the proceeds from the Disinvestment. The money from Disinvestment should be used to create infrastructure not for bridging the fiscal deficit. The money should be used to create world class airports, ports, power transmission, Merging the North and South Rivers.... Government should be restricted to Health, Primary Education, Regulatory to see that private sector does business fairly and finally may be to create the initial infrastructure.

Sat Oct 5 23:38:01 2002
Name: Dr. KK Sharma
Email: kk_sha@yahoo.com
Your Views: Disinvestment of most PSUS is extremely important for the economic recovery of India. Why government should be involved in running hotels, food distribution, petroleum products, transport etc, I do not understant. Even if some area are of strategic concern some control laws can be made. Being a senior DRDO scientist I know tnat we are lavishly spending on R and D without useful products and no body dares asks questions in the name of Defence. Many Defence PSUs are overstaffed and are incurring losses. Such units including DRDO need to be privatised. Tank armours or turbine aer-engines would have been developed at half of the cost and 5 years back if these were entrusted to private organisations. As regards the CSIR labs, barring a few, these are great burdens on Indian economy. Not much has cone out from these labs during lat 50 years and it is high time that many of them should be handed over to private parties or they should be asked to run on commercial basis. The PWD, electricity and transport departments run by State govts need to be disinvested on top priority.

Sat Oct 5 23:38:14 2002
Name: Dinkar Koppikar
Email: dinkar_vimala@hotmail.com
Your Views: India's divestment Dream? How far low we could go? India's PSU's were built with public money, squeezed from those who did not have even chance to get living wages. Those who oppose divestment should have the courage to tell PSU's management to work extremely hard, honestly and competently to make them success and not use them as jagirdars at public expense. If they have to be privatized they should be given to managements with commitment to naximizing productivity and profitability and not greedy speculators keen on making fast buck by sripping the PSU of its best assets.

Sat Oct 5 23:52:48 2002
Name: pankaj
Email: cmc_pankaj@rediffmail.com
Your Views: Only politicains and the employess of the PSU's are and will oppose the selling of PSU's. Any one can go to MTNL,Indian Oil,etc and see how they work . Try going to Bharti,Reliance etc and then compare . The myth of profit making PSU's is the biggest farce fabricated by these anti disinvestment groups. These so called profit making PSU's operate in monoply sector . decide their own rates and then book profits. Does any one know how much really a gas cylinder cost. Airport authority of India decides their own rates to charge hapless passengers and importers and then books profits . these profit figures are absurd . selling the PSU's is the single most important face of INdia's future .

Sun Oct 6 00:09:57 2002
Name: rajiv
Email: rajivns@hotmail.com
Your Views: I strongly favor disinvestment. Having seen the kind of lethargy set into the PSU, I believe that a strong dose of privatisation is in order. PSU are nothing but white elephants that apart from providing employment to the general public has contributed very little to the indian republic.

Sun Oct 6 00:40:00 2002
Name: Umang Saini
Email: umangsaini@ureach.com
Your Views: Yes, divestment is PSUs is a must. The govt. should sell its stake from PSUs which meet some conditions like - PSUs are making a loss. - are not essential for the security of the country. - are too oudated(technology) - are too inefficient -unnecessarily have a monopoly on the market. But PSUs should not be sold off blindly. A lot of hard work and investment has gone into them. Every effort should be made to make them viable. A third option is to open up the sector for compitetion and make the PSU compete against the private sector. Offer them carrot (bonus/incentives) and stick (closure/sale if they don't perform). In nutshell, the decision on how to deal with a PSU should be made on a case by case basis but most importantly in a very open and transparent manner. Lastly, public opinion should also be taken into consideration.

Sun Oct 6 00:47:48 2002
Name: Chakkarapani Sampath
Email: sam_chakra@rediffmail.com
Your Views: It is very much sensible that the Government get rid of the PSUs and rather concentrate on proper governance. It makes sense in the economic point of view too. There is no point in talking about ambitious economic growth percentages and competing with China if we are to create roadblocks for everything. Arun Shourie, as a Minister has been doing a commendable job and the transparent way in which BALCO, VSNL etc were privatised stand proof for his ability. It is unfortunate that so many obstacles are coming his way and no wonder why Foreign investors are shying away on seeing the politics. It is understandable if the Opposition opposes the Govt. actions, but it is quite baffling to see that the bickerings arise from within the NDA and quite scary to think whether there is any resolution for this impasse at all. Best thing would be is for the Prime Minster to exercise his authority and convince the hardliners to give up their stand and see reason. If at all, with all his experience in public life, if he can't do it, it would be tough to imagine who would be able to do it and carry forward. Like all Indians throughout, lets hope for the best! Let better sense prevail!!

Sun Oct 6 00:58:18 2002
Name: Sheth Naresh.
Email: shethnaresh@hotmail.com
Your Views: All PSUs must be sold at the earliest.I strongly support the sellout of all PSU as advocated by Mr.Sourie.Privatete, free and competative enterprise is the only way to make our nation prosperous and hel- p in building more ancillary industries with qualitative product economically and help in building nation's infrastr- ucture.THE POLICY OF indira and of communists to national- ise TRADE,COMMERCE,AND INDUST- RIES HAVE HAMPERED THE PROGRE- SS OF INDIA.INDIA HAS MOST TA- LENTED BUSINESS COMMUNITY THA- T HAS ESTABLISHED TEXTILE IND IN PAST AND INFORMATION TECH. INDUSTRY AT PRESENT.TO MAKE INDIA SUPER,MAKE STUDY,EDUCA-TION,TRADE AND COMMERCE FREE AND COMPETATIVE. BY.NARESH SHETH.

Sun Oct 6 01:19:09 2002
Name: John MacDonald
Email: johnmac@hotmail.com
Your Views: Indians should ask themselves some very simple questions. These are: do we want to be left behind, while the Chinas of the world thrive, become rich, have fewer poor people? Do we want to become a country of some consequence in the world, or do we just want to remain a country known for producing engineers who prefer to work elsewhere? Do we want to remain known as a country of "fake holy men" (V.S. Naipaul's words), a nation of fakirs, squabbling with each other while the rest of the world goes right on by us?

Sun Oct 6 01:19:31 2002
Name: Vishal Jayakumar
Email: jkvishal@hotmail.com
Your Views: Just penning my two cents of thought. Its high time, we realize that we need to do whatever it takes to eradicate inefficiency and non-productivity. Privatization has a proven track record in fulifilling this endevour. Hence, we should go for it. The people who are saying 'No' to this on basis of 'swadeshi', have to realize that lets move towards privatization and let the best in those field succeed in it. You always have a hand in forming strict regulations in the interest of the people of the country. Let the people decide waht is good for them do not decide for others.

Sun Oct 6 01:27:51 2002
Name: Pavan Batchu
Email: p_batchu@hotmail.com
Your Views: Socialism's true cause - is serving all people - not a certain class of people. For too long India's PSU;s objectives have been self serving - ministers, bureaucrats, and their employess. The effects have been 1. a monopoly / oligopoly (e.g. oil companies) bad service to the end customers 2. gobbling up precious tax revenues (money losing PSU) 3. power and corruption (ministers and bureaucrats) The govt. should get out of the business of business, and leave it to market forces. Sell all the PSU's and let the government focus on better governance instead. I have been impressed with Arun Shourie's transparent disinvestment policy so far. Ram Naik should be sacked - that will send a message to other opposing ministers.

Sun Oct 6 01:46:03 2002
Name: anantsheth
Email: anantsheth@aol.com
Your Views: The earlier the disinvestment is done, the better time-saving from the point of the growth of the economy in general. Therefore, no time should be lost.

Sun Oct 6 01:47:39 2002
Name: Ravi Sagwekar
Email: ravisagwekar@hotmail.com
Your Views: Its absolutely necessary that the government goes ahead with PSU selloff, this would not only generate revenue for the government but it would benefit the PSU's more in terms of improved productivity and efficiency as a result of competition. The PSUs would also be spared from government interference and ministers treating them as their personal jagirs. The government should not be in the business of managing corporations instead it should leave the market forces to take their own course. We have competent enough corporations and individuals who can do the business and government doesn't need to strangle their innovations.

Sat Oct 5 23:38:45 2002
Name: Amit Zantye
Email: zantyep@hotmail.com
Your Views: The Government in this era cannot be expected to make everything from bread to aircraft. The tax payer pays for the PSU set up, bears the cost for the inefficiency of the workers in terms of bailout packages given to the PSU after it inevitably makes a loss, does not get a stake in the PSU, does not get a dime if the PSU generates profit once in a blue moon, and to top it all, has to BUY services from the PSU at non competitive prices! This is sheer modern day government robbery started by socialists the (read Congress)in India ! Disinvestment policy is there to stay and so are the reforms. But when a great huge nation embarks on the path of reforms, there are bound to be differneces.When India made its tryst with destiny, it chose to be democratic! Everybody's opinion counts and leaders opposing the sale represent a certain section of people. There is no doubt the concensus has to be and will be reached and disinvestment preocess with get back on track much to the displeasure of the Indian media who then will have to create another controversy against national interest to get their headlines. The less said about the foreign and Indian statisticians and analysts the better!

Sat Oct 5 23:43:21 2002
Name: Amit Zantye
Email: zantyep@hotmail.com
Your Views: The Government in this era cannot be expected to make everything from bread to aircraft. The tax payer pays for the PSU set up, bears the cost for the inefficiency of the workers in terms of bailout packages given to the PSU after it inevitably makes a loss, does not get a stake in the PSU, does not get a dime if the PSU generates profit once in a blue moon, and to top it all, has to BUY services from the PSU at non competitive prices! This is sheer modern day government robbery started by socialists (read Congress) in India ! Disinvestment policy is there to stay and so are the reforms. But when a great huge nation embarks on the path of reforms, there are bound to be differneces. When India made its tryst with destiny, it chose to be democratic! Everybody's opinion counts and leaders opposing the sale represent a certain section of people. There is no doubt the concensus has to be and will be reached and disinvestment process will get back on track much to the displeasure of the Indian media who then will have to create another controversy against national interest to get their headlines. The less said about the foreign and Indian statisticians and analysts the better!

Sun Oct 6 01:55:43 2002
Name: Amar
Email: amar.1857@hotmail.com
Your Views: Mr. George Fernandez is absolutely right about Indian state controlling strategic assets like oil PSU for security reason. Mr. Vajpayee is economically novice, who trust his minister Shourie. Mr. Shourie is no champion in business and finance field and is dependent on many advisors, particularly with vested interest. All patriotic Indians should support George Fernandez to resist disinvestment of vital oil PSU. In 1971 Bangladesh war with Pakistan, when these oil PSU were under foreign companies control, they undermined Indian war efforts by non-cooperating with Indian defence forces. Even Eveready battery then foreign company also non-cooperated with Indian Army for supply of battery cells for torches.

Sun Oct 6 02:00:25 2002
Name: Bhaskar
Email: machiraj@rediffmail.com
Your Views: it depends on how the PSU's are performing. If we are talking bout the nav-ratnas,we really don't have to but companies like Air India, i beg you Govt of india,please sell it off!

Sun Oct 6 02:03:28 2002
Name: Ashish
Email: ashish_hegde@hotmail.com
Your Views: Yes we should sell the PSUs. We should be moving towards a free market economy with minimum government intervention. From a business and economy standpoint there is no question about it, the marginal benefits far outweight the marginal costs. PSUs are nothing but a shelter for non-competitive behavior and I want those relaxing under them out in the market and face competition. People should realize how important it is to make profits for the firm. Millions of rupees are spent on these sick units and the money is hard-earned tax payers salary. It should be put to the efficient use by the Government of India.

Sun Oct 6 02:11:32 2002
Name: ravi
Email: rravindran@yahoo.com
Your Views: The question is what good has the PSU's done to this country other than providing succor to those lazy PSU workers. If anybody doubts my statement, it would be better if they spent a day in one of these companies and see it for themselves. There is saying thats very popular with the employees its "ek punch, do lunch", and i would add, '0' productivity. There is no use spending the valuable tax payers money sustain these companies, either these PSU's must be made completely autonomous and asked to fight for a place in the global market, without seeking the govt favour in any way or else be just shut down.

Sun Oct 6 02:16:34 2002
Name: shiva
Email: spred77@rediffmail.com
Your Views: The PSUs sell of will generate some income for the government. and this is good keeping in mind that these units are overstaffed and burdened. Maybe they were the best in the governments hold but for effective management of the resources this needs to be done. At the same time selling these of to MNCs must not lead to a situation where the MNCs dictate terms to the government and inturn try to squeeze the public.There should be strict monitoring in the sense there should be strict laws that are more favorable to the public rather than the MNCs which want to make maximum money out of minimum investment.

Sun Oct 6 02:21:05 2002
Name: Raj Kumar Pandita
Email: raj-kumar.pandita@klinfarm.lu.se
Your Views: In times like these, not to speak of India, even rich countriens in the west could afford or support a " white elephant" like PSUs. The sooner the country gets rid of them, the faster it tastes prosperity.

Sun Oct 6 02:23:03 2002
Name: Shail
Email: donhrithik@yahoo.com
Your Views: I strongly support divestment, I know there will be some profit making PSUs which are going to be sold but that's ok as long as government doesn't have to feed the sick PSUs which is eating lot of indian tax payers money which could have been better utilized to build infrastructure like roads, water, electricity and others. In the long run divestment will yield good results to our nation. Thanks

Sun Oct 6 02:23:52 2002
Name: Sreevatsa Nippani
Email: snippani@eng.utoledo.edu
Your Views: The public sector needs a lot of revamping of departments and that includes pruning up of sectors, and diverting the excess staff into priority areas like the new technologies. The "navratans" should not be privatized, but the other white elephants need to go right now. We need to invest in public transportation, and that needs to be a big priority for the future. Another are would be education. We can divert excessive staff as teachers to the new schools. Laying off people whould be avoided at all costs.

Sun Oct 6 02:28:21 2002
Name: Rational
Email: rational55@hotmail.com
Your Views: Incompetent people should not be allowed to have the power to take decisions on the economy of a country. A completely well educated group of economists with a broad vision should be appointed to take competent decisions on the economy. Politicians should work based on the recomendations of the economists.

Sun Oct 6 02:43:35 2002
Name: Muthukkumar
Email: ksmkumar@yahoo.co.uk
Your Views: to my knowledge i feel that in order to reduce the mass fiscal deficit, its indeed essential to go on with the divestment program.But i think the government should take extra care and effort in seeing to that, that these divested companies doesnt get concentrated in single hands, to avoid power monopoly. moreover i dont want the govt to go on selling off all PSUs invariable of whether its giving a profit or loss..also the govt should try to avoid selling of the PSU s like power corporations, and other essential product producing units..such as neyveli lignite corporation etc.,this is jus my overall view reg disinvestment...but i think i cant go deep into this issue as i feel that my knowledge towards economic issues and the terms used in it is somwat lesser

Sun Oct 6 03:22:54 2002
Name: raj
Email: raj@rediffmail.com
Your Views: Sell 'em off!

Sun Oct 6 03:33:56 2002
Name: shiv ambardar
Email: skageol@yahoo.com
Your Views: all PSU's should be divested. govt should not be inthe business of running industries

Sun Oct 6 03:35:34 2002
Name: Manohar Raghunath
Email: manu_raghunath@hotmail.com
Your Views: The government should only concern itself with providing governance and get out of industry etc. By selling PSU's the governmetn will get money to implement much needed infrastructure enhancement projects and also be rid of the expenditure of maintaining these companies. A side benefit to the nation would be that the politicians would not have the control of so many assets of the nation and cronyism etc would hopefully reduce. The PSU's will be able to really grow well when the management is based on the competence of the individuals rather than their connections to ministers, political parties etc. I even support the selling of currently profitable PSU's as these are profitable inspite of the government running instead of because of the government. I dont buy the national security argument. These can and should be handled by appropriate laws that are strictly enforced.

Sun Oct 6 03:49:49 2002
Name: Biplab Pal
Email: biplab_pal@hotmail.com
Your Views: There is no doubt that PSUs in general is one of the sector suffering from corruption of the inefficient management. So appearently, it looks like disinvestment is the way. But at the same time, we have to remember the malpractice of Indian corporate leaders. It may as well happen that for more profit, they will take away the capital and the real estate and these PSU being ill-structured will die gradually. The real thing needed is to replace the prsent PSU management by professional managers and not by the relatives of the political leaders!!

Sun Oct 6 03:52:55 2002
Name: srivatsan
Email: srivats_bala@yahoo.com
Your Views: Opposition could not muster any support for removing Modi or could do anything significant; it is seen because internal squabling in NDA. RSS always opposes anything that it feels. Others are trying to get back their political standing in the NDA. Arun Shorie is doing a fantastic job, he should continue the same way. By the way, there is no product which is "Indian" except food grains and IT. Everything here are done with the intention of elections in 2 years.

Sun Oct 6 03:53:45 2002
Name: Sandeep Shenoy
Email: sandeep.shenoy@yahoo.com
Your Views: I am absolutely in favor of privatization. PSUs are Nehruvian socialist era dinosaurs which are best made extinct by putting them in capable private hands. Some of them might be profitable right now but that is because they are virtual monopolies in their markets. But they are not efficiently run like private business are. To give a simple example, I have many friends in high paying jobs in Air India who have not done any real productive work a single day. I wish privatization will make them accountable for their salaries. Government should focus on using its money for welfare programs instead of running businesses - If anyone remembers government used to make everything from rockets to choclates competing with private businesses - What a shame. India's talent lies with the private sector so that's where all businesses should belong.

Sun Oct 6 04:03:43 2002
Name: Manoj
Email: mk@nomail.com
Your Views: The Government should devote its resources, tax payers money towards building and provide infrastructure, education, law and order and other basic amenities. It should get out of running PSUs and concentrate on governing the country/states. These PSUs are explioted by the ministers and politicians for their petty gains giving a damn to the tax payers hard earned money. The budget deficit is alarmingly too high and it is time we start containig it. Also if the PSUs are sold off it will generate the much needed capital required for infrastructure development provided our politicians don't siphon off the money.

Sun Oct 6 04:05:58 2002
Name: sanjivivgiri
Email: sanjivivgiri@yahoo.com
Your Views: Hi, Yes the PSU disinvestments should go no matter who opposes other wise things are not going to improve for the country. Accountability is very important, the lack of which has ruined all the PSU's in India. So let them all be disinvested. Giri

Sun Oct 6 04:31:39 2002
Name: Mohan Naidu
Email: Mohan.Naidu@intel.com
Your Views: It is a good move to privitise PSU's and can be achieved in follwoing manner to meet the senstitivities of both the protractors and detractors of PSU disinvestment plan. Part of the stake, may be upto 20 to 50 percent may be offered to the highest bidder with of course base reserved price per share. Rest may be offered to Indian public at the same price as the higest bidder. Privitisation is necessary to improve efficiency and profitability of the PSUs, as the existing PSU culture and the top managers, who are mostly paper pushing bueracrats from ministries, lack the mangerial skill needed to run an organization for profit. The disinvested PSU will be then accountable to shareholeders, which is how we can improve the corporate governance and transparancy. Also disinvestment will help the govt bridge its domestic debt trap and can rake in FDI. Disinvestment of PSUs will allow govt to redirect the displaced govt bueracrats in developing and implementing other dire social programs. Regards, Mohan

Sun Oct 6 05:00:19 2002
Name: Ashok Advani
Email: ashok_advani@hotmail.com
Your Views: Well its matter of efficiency, problem of Gvt run orgs, is that they are rarely efficient, and this fiercely competitive markets, inefficient orgs have no place, so with monopolistic Oil gaints are ackwardly placed, they are revenue generaters because they are monopolies, and private firms are after them because they are monopolies not because they are revenue generating and not because they are efficiently run profit making companies. There is no guarantee that after acquiring them there would not be large scale layoff to also make them efficient which surely hits George F. And Ram Naik is hit as he looses control over a large cash pool which these cos can be, rather he has to show why he is actually a Petroleum ministers in which he has to take decisions.

Sun Oct 6 05:29:56 2002
Name: N.Kuppusamy
Email: nksamy@hotmail.com
Your Views: I strongly support disinvestment. It increases productivity and competitiveness. There is a vast gap in terms of productivity between Govt. and private sector. More over the govt. eployees are (mostly)not showing any interest on public comment or complaint. Only the government employees are opposing the proposal. They are less than 6% of our total population. It is good for the country and people. If we do we can exceed the growth rate of China and will be a formidable economic power in 20 years.

Sun Oct 6 05:51:32 2002
Name: P.NAGENDRA
Email: nagendrap@rediffmail.com
Your Views: Dear Sir, According to me, there is nothing wrong in going for Privatisation. For better Economy, and keeping in view the Future prospects, Oil PSUs have to be privatised any time if not now. I myself a PSU Employee, strongly feel that these Oil Companies have to be privatised , so that an efficient and Hard working Employee is surely benefited and his services are recognised.

Sun Oct 6 05:59:07 2002
Name: Sriram
Email: kickkk@rediff.com
Your Views: Yes. Sell most of them. The government cannot do good job in business: it can only eat taxpayers money and help politicians and corrupt bureaucrats. I'm very glad that Vajpayee is in favour of disinvestment.

Sun Oct 6 06:27:47 2002
Name: mkrao
Email: mkesavarao1@REDIFF.COMM
Your Views: will improve ecnomy.

Sun Oct 6 06:32:15 2002
Name: Arun Govindan
Email: znura@indiatimes.com
Your Views: While I'm one of those in favour of disinvestment, I'm against disinvestment in Oil sector. Why don't we start selling the sick PSUs and under par units? In this way, we can learn from the way those PSUs are managed under capitalist environment. If things go fine, then we can start disinvestment in Oil sector too. If you sell all your jewels first and still end up in mess, all u have is junkies and it becomes even messier. Don't try to rip off the golden ducks to begin with.

Sun Oct 6 06:38:35 2002
Name: arun
Email: arunkart@satyam.net.in
Your Views: o.k.as far as sick psus and non performing companies.but core sector and long gestation period projects shall be under govt

Sun Oct 6 06:50:43 2002
Name: Desh Bandhu
Email: satya_anveshi@hotmail.com
Your Views: I only have four simple words! - Its long over due!

Sun Oct 6 07:09:24 2002
Name: Vijay Kumar
Email: reply_vijay@hotmail.com
Your Views: I am in favor of privitaisation. The reasons some ministers are opposing it because PSUs are their "bread and butter" - they are a source of major income to ministers who suck the life out of PSUs. Ever wonder why most of the PSUs are sick units?

Sun Oct 6 07:25:41 2002
Name: Shailendra
Email: spfli@lycos.com
Your Views: First reason, why I do support the divestment is Government cannot be a good businessman, it is support togovern, and it is suppose to create equal opportunity for all. Second PSUs are generally very badly managed, and misused by politicians for their own causes. Does the government is suppose to run the hotels? It's OK, if there is not enough capital to promote tourism, but now in the present situation it's irrelevant. Take the case of Telecom industry, more competition, and it's better for the people of India as they are getting better service at cheaper rates. Gone are the days when one has to wait for years to get a telephone connection and has to go through the bureaucracy. On the safeguards side government can always set transparent rules, set the bodies who can decide on the rules like TRAI, and insurance authority. In the end government can intervene anytime, if it is a national crisis.

Sun Oct 6 07:28:03 2002
Name: Prashant Joshi
Email: pbjoshi@hotmail.com
Your Views: I support selling of PSU but it should follow 4 principles 1. It should be transparent and should not go against our strategic interest. 2. It should not create monopoly. 3. First it should go to Indian investors and then to foreign. 4. First we should try to get out of loss making units and then profit. Cheers Prashant

Sun Oct 6 07:28:41 2002
Name: Manish
Email: sun_n_breeze@hotmail.com
Your Views: I believe in notion of a govt is meant to govern not for running steel plants or flying the airoplane. All PSU including oil should be disinvested. Unfortunately various ministers are against it becoz of their vested interests, they are afraid of loosing control. Its abt the time when politicians start thinking about the betterment of the country.

Sun Oct 6 07:33:42 2002
Name: Jayaram K Iyer
Email: jkiyer@bu.edu
Your Views: Yes. All PSU's should be sold. It is time that we take a clear stand on the ideology that we have: either it is either the pure free market or pure state controlled enterprises. Democratic socialism has outlived its utility. We must understand clearly that the business of government is to govern and the business of the business is, well, to do business. That said, I clearly advocate total and immediate sale of all PSUs. We have clear evidence that the ills that plague the PSU's are so strong that the government has neither the capacity nor the capability to solve. The common ills are of course poor productivity, sloth work force, poor liquidity and above all a complete lack of vision and market orientation. But of coourse that does not mean that government is not to be faulted for the current plight of the PSU's. Rampant intervention, treating PSU's like private backyards have lead to a situation where PSU's have no autonomy..a criterion that is a must for a mere survival in this cut-throat competitive environment. This, autonomy, will never be provided by the government. For habits die hard. We have to take the bitter pill. One generation has to suffer. Let that be ours.

Sun Oct 6 07:33:44 2002
Name: p.sharma
Email: slg_priyank1@sancharnet.in
Your Views: yes India should sell its PSU

Sun Oct 6 07:36:51 2002
Name: Ramesh Kadambi
Email: kadambi@snet.com
Your Views: Divesting PSU's will break us out of the shackles of Nehruvian legacy. The quota raj that was begun by Mr. Nehru should have been put an end before we become a powerful nation. Nehru was extremely short sighted, instead of encouraging private enterprise, he invested in PSUs. Kudos to Arun Shourie we are finally washing our hands off of PSUs.

Sun Oct 6 07:58:53 2002
Name: Shantinath Upadhyaya
Email: ushantinath@rediffmail.com
Your Views: All psu's should be disinvested / privitised they are presently nothing but dens of curruption both for the employs and the govt officials who run them

Sun Oct 6 08:09:53 2002
Name: Bhargav mehta
Email: shrutibm@rediffmail.com
Your Views: HIts getting to politisised.A subject which is purely a finacial prudence is being used for personal equation settlement at the expence of public at large,for whom the "swadeshi-lobby" is claiming to protect.Delayed decision is "justice-denied!!!"Enough is enough.My assessment is that within 15days wisdom will be forced on the opposision!!.Hope this happens.

Sun Oct 6 08:10:17 2002
Name: Jack
Email: jishnub@hotmail.com
Your Views: Yes.We gotto sell all these sick PSUs before they become parasites to the nation's economy. All these 50+ years after independence.. nehru's socialist policy,state-owned units have created havoc on our nation's economy. Bring all PSUs down.

Sun Oct 6 08:54:19 2002
Name: C Y Nimkar
Email: nimkarcy@rediffmail.com
Your Views: Question is of accountability of PSU fuctioning. Only sensitive PSUs need not be disinvested but rules should be changed so that they are more accountable. Other PSUs should be disinvested.

Sun Oct 6 08:54:52 2002
Name: Sanjay Kumar
Email: k_sanjeet@yahoo.com
Your Views: I wonder, why even a debate ? This PSU culture had been ruining the country and making politicians and populace currupt.

Sun Oct 6 08:55:59 2002
Name: chandresh mehta
Email: chandmehta@hotmail.com
Your Views: Yes, we must sell the psu- both profit and loss making.There is no doubt about it. Let govt.concentrate on education,defence,health and social justice.It is not their business to make profit.How many yrs tax payers will pay for those loss making units?There should be some limit to all these non sense started by our great leader Jawahar Nehru.He is responsible for all these mess we are in today. Just sell them at the best price available now. Dont wait for tomorrow, it will never come.

Sun Oct 6 09:03:06 2002
Name: L.RAVI KUMAR
Email: l_ravi_kumar@hotmail.com
Your Views: Yes definitely we need to sell all PSU's. Govt. Job is to create infrastructure not to make milk, bread and running hotels.Communists country like China have taken reforms path and sold most of the Public sector units.The term Profit making Public sector units is a nonsense. We buy petrol at Rs 12/Litre from Saudi arabia, Processing at PSU refineries, transportation,refinery wastages and taxes costs another Rs 20/-. As a monopoly you will fix your own price and finally say you have earned profit which is nothing but nonsense. Profits in PSU does not come out of efficiency either through Pampering or Monopoly. Indirectly Common Indian incur cost to show profits in certain PSU units

Sun Oct 6 09:04:25 2002
Name: kjr
Email: kovidranjan@37.com
Your Views: the major point in psu sell off is that they have to better managed better run etc.etc. but the cycle should not continue i.e u first privatise and then nationalise and then agian pvtise,the thing which has happened in uk,brazil et.it is not that all the pvt sector is efficient with around 2 lakh industrial units lying sick compared to 100 odd psu .the point is psu can be managed by making them more efficient with latest tools,modern management and better flexibility to adapt to the changing competetive scenario with no interference from the politicians.the job of privitsation is very tough as we here in ipcl are undergoing,with no proper communication,no proper methods the employees are having a harrowing time with the bosses totally confused as to what to do. The human aspect has to be clearly understood and they have to tackled with utmost smoothness otherwise the lives of the psu workers will be totally spoiled by this phase of privitisation

Sun Oct 6 09:23:05 2002
Name: Dileep Kasturi
Email: dileep_kasturi@yahoo.com
Your Views: Yes we have to sell PSU as Governments focus and pirority, is not running these businesses. It has to concentrate on better governance and improving infrastructure.

Sun Oct 6 09:26:56 2002
Name: Malolan Cadambi
Email: mcadambi@yahoo.com
Your Views: The government has no business doing business in the first place. Thanks to Nehru and Gandhi's pseudo-communistic ideals, we are suffering now. A vast diverse country such as india should have only free markets which makes sense for a free country.

Sun Oct 6 09:33:33 2002
Name: Arun
Email: arun@hotmail.com
Your Views: Yes, we have to sell all PSUs. We don't need PSUs that make things like condoms. Thanks Narayan

Sun Oct 6 09:39:04 2002
Name: Aseem
Email: jaaney_do@email_ka_kya_karoge.com
Your Views: If all our policies towards the PSUs will be decided by the vote bank and the worker unions then its better to sell that off. Privatization will ensure that no one gets paid without work. Sarkari babu will have to work to get paid. But if we can manage our assets effectively then for the larger interest of the country we should retain them. Currently Gov's internal debt is 10% of the GDP which is approx $239bn. Once public takes out its money from govt schemes Indian Economy will go bankrupt and at that time these assets might be of some use to rescue the economy from depression.

Sun Oct 6 09:43:35 2002
Name: vipin.t
Email: tovipint@rediffmail.com
Your Views: Its high time India got rid over its so called public sector units which has been serving as a drainge to public funds right from day 1

Sun Oct 6 09:43:47 2002
Name: sandeep juneja
Email: sandeepj@cse.iitd.ernet.in
Your Views: I teach in IIT. Often, my students join a PSU only when they really want to prepare for IAS and feel that psu would allow them ample time for this preparation. We all know the enormous inefficiency of the PSU's. The media's ambivalence on this issue is completely baffling. We know the agenda's of various politicians and swadeshi groups in thwarting disinvestment. Is there a media hidden agenda that I'm missing???

Sun Oct 6 09:44:18 2002
Name: sangeetha
Email: sangitha_26@yahoo.com
Your Views: India needs to privatize its PSUs and it needs to keep up with the plans. Thats not all, what really matters is how we do this. By stalling things and going over debates at every juncture does not help send right signals to the market and all that matters in the end is what are we going to get for the equity shares of the PSUs that we sell which depends on the market. But all the more important is the regulatory bodies and rules that we need to put in place before privatization. If that can be done and important industries can be monitored by a proper market regulatory mechanism then there is no problem in divesting. Just creating a private monopoly in a hurry to reduce public monopoly does not solve the problem.

Sun Oct 6 09:55:06 2002
Name: rk
Email: pr_da2001@yahoo.co.in
Your Views: Disinvestment process is a wrong decision. In the process, most of the key sectors goes into private hands. Most of the private parties are non professional. Ultimately we are heading again towards colonial regime. Govt should strengthen the mechanism of management in stead of keeping its hand away from the problem. of course, BJP govt will understand its mistake, but that will be too late.

Sun Oct 6 10:08:05 2002
Name: K.P.Jayachandran
Email: kpjayachandran@rediffmail.com
Your Views: Should we sell our hard earned PSUs built out of the money and trust of our people to some private sector companies?,no. If at all we need foriegn investment and dollar we amy allow MNCs to build their own establishments ab initio based on strict regulations. The goverment cannot sell the trust reposed by the people in our PSUs to private sector on a good morning.

Sun Oct 6 10:11:26 2002
Name: swaroop
Email: swart_iit@rediffmail.com
Your Views: dear sir , i dont know why such a fuss over disinvestment ..is it really going to solve nations problems ...no i don't think so .. and the hurry in which it is carried out ..by going with speed of Mr Shourie he is going to sell everything in 2 years .. why so much of hurry ..the present govt. sure it will not be elected for the next term and want to earn for the next 50 years in 5 years .. and look at the polices in which it is done .. what safegaurds it is seeking .. nothing !! what about the unprivilleged in this country ..will there be any reservation in the PSU if it is desinvested ??" NO a big NO " this is done with very clever idea to remove reservation through BACKDOOR ... as NOONE in the country has courage to speak against reservation ..has the PM taken oath to remove reservatiobn rather than " poverty ,unemployment , hunger etc " and i should not say about Mr Shourie ,the man who has written " Worshiping false god " he has a sick mind of trying to gain publicity through all the wrong means for all the wrong reasons" GOD SAVE THIS COUNTRY FORM THIS SICK PERSONS " let the PM answer on the reservation aspect of this issue "why is there a big silence on this issue " THANK YOU

Sun Oct 6 10:19:41 2002
Name: B.SAHA
Email: bimals@jsr.tatasteel.com
Your Views: In India an industry will perform well if complete independence is given to the management.At present too much of control/interference by government is slowing down the progress.

Sun Oct 6 10:23:40 2002
Name: G AJAY
Email: ggijandren@hotmail.com
Your Views: yes, all PSU which are not strategic in nature should be dispossed off. Government are there for administration only and not to business, The returns got from all PSU put together is far less and the profit of one entity get dissipated by the other loss making unit. Govt has no time nor political will to adopt novel method of operating these loss making units to be profitable. The sale of PSU should be through strategic sale only since this method can bring in professionalism from other areas of people and money to rejuvenate the unit. whereas IPO method do not bring revenue nor any professionalism where the same old system of running the company exist where at one point of time the unit runs into the red. The disinvestment minsiter has logic reasoning and practical approach in this issue is commandable and any reform should be practical and should not be a mere slogan. The political decision in this disvestment programme to be avoided and profesional people involving in economy and financial areas should be consulted and go by thier decision.

Sun Oct 6 10:23:54 2002
Name: rajeev raje
Email: rajeevraje@hotmail.com
Your Views: the whole episode of disinvestment is very hilarious.it is like a comedy drama enacted by immatured school children.flimsy reasons like 1965 & 1971 war & monopolies being created which are being put up now should hv been thoroughly sorted out before announcing disinvestment in BPCL,HPCL on 5th feb.the decision on strategic sale was reiterated on 23rd july.it appears the concerned currupt ministers do not wish to let go off these cash cows.if they go,petrol pumps cant be allocated freely to relatives & partymen!the only sensible person seems to be Mr.Arun Shourie.he appears very forthright & rational.we need more Arun Shouries in power if our country which right now is going to dogs is to prosper.i am sure rest of the world must be having a hearty laugh at the whole drama.no wonder China is way ahead of us.also it is important for the countrymen to know whether it is Mr.Atalbihari or Mr.Sudarshan & his touts running this once great country.

Sun Oct 6 10:24:01 2002
Name: Sameer Jadwet
Email: sameerjadwet@yahoo.com
Your Views: Divest we have to. And specifically HPCL and BPCL.It will send a positive signal to the whole business community in India & worldwide that Indian government is serious with the reform process. There should be a strategic sale only and no other method.The BJP government has lost a lot of face and credibility in the whole PSU drama and especially the prime minister.Only talk wont do anylonger and action is very very necessary...simply put if India wants to move ahead progressively then PSU divestment has to happen else forget talking about 8%GDP growth and economic reforms.

Sun Oct 6 10:30:08 2002
Name: Rajesh Subramanyan
Email: subraman@ecn.purdue.edu
Your Views: Absolutely, sell the PSU's ASAP. Ram Naik & Fernandes can contribute to Indian security in Kashmir- there is ample scope for them there. Let India prosper economically, that will improve our strategic strength.

Sun Oct 6 10:31:23 2002
Name: deep
Email: deep@hotmail.com
Your Views: Govenment should sell the PSU immediately.It was poor planning and policies of the previous government that they invested in psu.PSU are identified are rife with inefficency ,poor management ,gross wastage and loss making units.What sense does it make that government is the the field of providing hotel services,catering,air transportation,transportation(bus,railway),refinery etc.People would be better served if their are private sector are competing to provide the above services. US,europe etc are the best example of how private sector help improve the quality of service as they compete. I hope we do it sooner that later.

Sun Oct 6 10:36:56 2002
Name: zubair
Email: zubairnw21@yahoo.com
Your Views: It should be done as early as possible because sbsidy in PSU has already spoiled our economical,infrastructure & interprenual growth in masses. To move ahead we should leave our unnessesary baggage which is a burden on our economy & stalls us in moving ahead with reasonable speed.

Sun Oct 6 10:39:36 2002
Name: ranjit r.
Email: ranjitraje@ip.eth.net
Your Views: lot of thinking ? which is being done now should hv been done before CCD decided to divest bpcl,hpcl.only sensible people should be made minisers.not this bunch of currupt jokers with vested interests.once decision was announced on 05-02-02 stick to it.be consistent.debate thoroughly before deciding,not later.dont degrade this great country.hats off to Mr.Shourie,for his conviction& sensible talk.

Sun Oct 6 10:47:11 2002
Name: Manjunatha
Email: kgmanjunatha@hotmail.com
Your Views: I worked in a PSU as an executive for 12 years. The employees have no morale, the trade unions are much like corrupt politicans and leaders of the country, the executives are working like bureacrats. The public sectors are burning the hard paid taxes of the citizens. Public sectors were required when the country became independent when there was not much of capital with individuals. Today there are a lot more industrialists, enterpreneurs and private companies willing to invest and compete globally and give better return on the investment. Government can not go on sinking public money into these public sectors. It is now the time to start privatising them and better make them profitable, fuel growth and compete with other private and global companies.

Sun Oct 6 10:47:23 2002
Name: Yes We should Sell PSUs
Email: manjunathan_py@yahoo.com
Your Views: To make the best of the PSUs, we need to sell them, and give responsibility to private/foreign firms to run them efficiently, with adequate norms!

Sun Oct 6 11:00:06 2002
Name: anilbpai
Email: anilbpai@rediffmail.com
Your Views: today ur country is at the crossroad of development path; tug of war between unscrupulous politicians & progressive elements who would like the country to prosper; five decades of state patronage has made ur labour, officers, beurocracy totally lazy, myopic, corrupt& selfish; disinvestment is the pnly answer to all ur ailments& bring ur people to reality of a competetive global environment; abvajpeyi at this stage of his life can do a great favour to his country men if he throws his weight behind disinvestment which will be gratefully remembered by generations to come; he will hv nothing worry;country & world respects him only among all the other leadors who r a bunch of fools/jokers who caannt see beyond the tip of their nose!!! pray for the country! mr vajpayi; this is ur last chance to ur BHARATMATA to get real FREEDOM! from the goons who r bleeding her for decades! with best wishes,

Sun Oct 6 11:15:24 2002
Name: naresh gelli
Email: nareshgelli@hotmail.com
Your Views: The Government of India only selling the Profit making PSUs and no body is interested in selling the loss making PSUs. Naturally the buyer would be interested in a loss making PSUs. But after selling all the Profit making PSUs, what next ? The money which is coming on selling these profit making PSUs is being used up by the government for meeting various expenditures. It is matter of time that this amount also would be spend away and what next ? No body is interested in buying the loss making PSUs, who cares? Still the salaries have to be paid, all the compensations have to be paid as the employer is under legal obligation to pay the dues on time. Who care? There is an urgent need to create a plan of action to make sure that the money raised on sale of these PSUs could be invested in a long term bonds etc so that this money can be used effectively.The amount should be used for productive purposes and not for meeting the expenditures. On the case of should PSUs should be sold,the government should take all the parties into confidence and take a stand and plan accordingly. I only wish that the government takes a very long term view as the people of the country are at stake?

Sun Oct 6 11:18:38 2002
Name: hiteshkakadia
Email: drhiteshkakadia@hotmail.com
Your Views: psu must be sell because loss of many psu is paid from pocke of public and psu can not perform well because of it goverment mangement so it must be sold and who opposed sell of managment are not good thinked of people.in 50 years howmany lost paid from pocket of public and we have good exaple of disinvestment of balco,morden food and latest ipcl

Sun Oct 6 11:25:27 2002
Name: Ravi Santwani
Email: ravis@narhari.co.in
Your Views: Pointno: 1 refer to the statistics: Our public sector enterprises actually earn only 2.3 percent on the funds invested in them. From these lot, if we take away ONGC, Oil PSUs, Shipping Corporation, the rest public sector enterprises earn negative 5.6 percent on the funds invested. From a layman point of view, would you invest in a loss making proposition or get ride of it as soon as possible. Point no:2 Governments should play more of regulatory role and a role where it provides direction, but leaves actual business and nitty gritty to the private sector. Point no:3 Why should not these companies run professionally, why should they be bearaucratic & political fiefdoms? when these guys are using your and mine hard earned money, why should'nt it be given for them to manage, who are good at it?

Sun Oct 6 11:30:34 2002
Name: vvbsmurthy
Email: murthyvvbs@rediffmail.com
Your Views: it is not appropriate to sell off hpcl and bpcl to private firms existing in India, even if govt. wants go for reforms. there are lot of other avenues out of which govt. can go for reforms but not by selling hpcl and bpcl. in future even in grave situations like Iraq vs Us war or India/china or Pakistan, if hpcl and bpcl gone to private hands govt. has to totter and crawl for oil and govt. won't get even a single drop of oil. hence govt. should have stand by resources in addition to ioc, ongc. no one can predict and Indian history proves it also. hence govt. should not be hasty in taking a step which is not wise to its stability. in future there is no guarantee that bjp or nda will rule the nation. behind the deal of selling psu's huge wested interests are inherently visible where politicians bag crores and crores in their personal accounts but no one is thinking of India's future. hence it is not advisable to go for selling hpcl and bpcl.

Sun Oct 6 11:36:21 2002
Name: shreya singh
Email: shreyasingh2@rediffmail.com
Your Views: I think that with the mindset most of the so called swadeshi lobby people have, it is going to be very difficult for the bjp govt. to go ahead with the proposed divestments.it is for the prime minister to take a tough stand and continue with divestment, beacuse it is one of the very best ways to ensure the success of these entities in the future also and to create an image of a nation which encourages industries.

Sun Oct 6 11:40:47 2002
Name: ks narayan
Email: maavailu@yahoo.com
Your Views: I fully agree with the point that we should sell PSUs immediately in a phased manner in the interest of the financial position of the country, whose resources are being swallowed by certain individuals. For instance take IDPL (Indian Drgus & Pharmaceuticals Ltd) a public sector unit which has been started in Hyderabad with a big bang few years ago and has been eaten by the management and now in the dying stages, requiring funds for salaries every month for the balance skeleton staff. it is a colossul waste of public money. certain people in the management cadre ate the idpl and started their own units in Hyderabad, which have become global units atpresent. There are many other units wasting throusands and thousands of crores of public money being put in doldrums, like, HMT, Praga Tools, HCL, and there are somany PSUs throughout the country, which should be sold out to capable private management and save the people of this country. The so called parties and their views should be thrown out and the people presently running the country should immediately sellout all PSUs without any further delay.

Sun Oct 6 11:52:19 2002
Name: sham khatod
Email: sham_khatod@yahoo.com
Your Views: If u don't want sell psu don't sell but u can open market by allowing private sector in that field which will incease competaion & people will be king I think politican dosen want to that becuse if they loose control nobody will ask them i.e no need to go to them & they will not get any money to fill there bank account

Sun Oct 6 11:52:24 2002
Name: Ex Squadron Leader R Husain
Email: husain@indiadiets.com
Your Views: Divestment is a must to ensure that people come out of their slumber and start working in good earnest. Till such time the attitude of the people change towards the better, i.e. to really earn their days pay, we wont be heading anywhere worthwhile....

Sun Oct 6 11:58:20 2002
Name: Manoj K. Kilam.
Email: manoj@almoayyed.com.bh
Your Views: Mindset has to change.Let the industry be in the hands of professionals and let the state do what it is supposed to do.

Sun Oct 6 11:58:43 2002
Name: SARVAGNA NANDI
Email: raikva@rediffmail.com
Your Views: We must go ahead & divest all PSYs except those in Defence, Atomic Energy & Tranport. The proceeds however should be utilised in retiring high cost debts. The sale proceed should not become an additional tool for non productive expenditure. In fact the Govt should come out with a clear Action Plan in this direction. It must in advance declare, which debt it will clear from the sale proceed. The interest outflow must considerably come down. The Politicians should not be allowed to fritter away the money in the name of social activities or infrastructure development. Only the interest saved by prepaying the debt should be utilised for planned developmental works.

Sun Oct 6 11:59:49 2002
Name: shailesh ramlal oswal
Email: oshailesh@hotmail.com
Your Views: Disinvestment is nothing but seeling the assests of nation to some particular catagories and give the nations economy in the hands of selected people of the choice of the politician. It is nothing but one easiest way of corruption by the political parties. What we will achive after disinvetment one time money that we will spend on some stupid things where the politician can do the corruption and after the end of all disinvestment what remains with nation just to collect the heavy taxes from the people thats all. Today we heard that the State highway is going to charge the toll from teh vehical. if the govt. is charging the toll to run the vehical from the road then for what the RTO charges leavied on vehical. The Politician are nothing but the dalal who are selling the assets of the nation and indirectly the nation itself.

Sun Oct 6 12:10:04 2002
Name: shiv
Email: patel69@rediffmail.com
Your Views: the selling of psu is definitely the way out the of the red ink and it will also help in generating profits to the govt.this is the only way out we can find largest form of growth that can be attained immediately in the country and also to bring in the much needed fdi into the indian markets.the hardliners have no interest in the growth of the country but are only trying to gain political mileage about it.well i wish all the best to the PM of india for making the initiative,i hope all goes as planned.thankyou

Sun Oct 6 12:15:02 2002
Name: J.Dorai Raj
Email: jdorai@rediffmail.com
Your Views: Its more than 55 years since we have achieved independence.We were slaves to a foreign power. Now we are slaves to our own people, trying to make both ends meet. Still there is so much poverty, illitracy and unemployment. Millions of people don't have two square meals to eat, Have no place to live and no clothes to wear. We have seen governments with absolute power and government with power shared with different parties. This government is trying to introduce some bold reforms. Should it succeed well and good. If not, well we can always vote them out of power in the next election. So let them have a free hand. This is not a forum to settle score. If divestment is a solution to all our ills, please allow them to their way. There is nothing more to lose. We have donce driven out IBM and COCO COLA. What hppened. Nothing. We have brought them back.. Let the pundits of anti-divestment cause any impediments in the last minute.

Sun Oct 6 12:17:53 2002
Name: Pravin
Email: pbolangady@yahoo.com
Your Views: I strongly believe selling of PSUs is a must if we want to see Govt. spending and subsidies to reduce. This will also spur these PSUs to compete with private companies, allowing them to improve their operational efficiency. The overall effect will strenghten our economy. The politicians like Ram Naik are a bunch of greedy individuals who to further their self-interests, are crying hoarse about 'Swadeshi' vs 'videshi' argument in opposing the privatisation. I see no other way to make India a superpower by 2020.

Sun Oct 6 12:20:41 2002
Name: sivasakthi
Email: r_sivaiit@yahoo.com
Your Views: privitasion will not suit Indian conditions. It will destabilise the Indian setup.India is already facing many problems and if govt needs to satisfy all it must not go for privatisation and take some other acceptable methods to counter act the low economic growth

Sun Oct 6 13:02:03 2002
Name: pradeep lenka
Email: pradeep@gmrgroup.com
Your Views: PSU dissinvestments should be done without further delay and at the earliest.The manner & methodology followed by the Disinvestment Minister is impeceable. The anatgonists of the process are people who are worried that the power,favors/perks & control enjoyed directly & indirectly by these people will be over. The people would not like to give away their executive power over the giant corporations being elected legisalators. Pradeep

Sun Oct 6 13:28:32 2002
Name: Partheeban
Email: partheeban@mailcity.com
Your Views: Private Sectors and businesses work for profits. They work for demands of people who have money power. Government should retain companies which work/can work for fulfilling basic necessities of needy people without money. It can privatise companies which do not fall in this category and can even go ahead acquiring companies which fall in this category.

Sun Oct 6 13:29:00 2002
Name: Satish
Email: satish_bajajin@yahoo.com
Your Views: I dont think that disinvestment is going to help the common man and the labour class in any way. It is just one more weapon used by the greedy politicians to fill their coffers and break the backbone of the middle class.

Sun Oct 6 13:33:29 2002
Name: BIPIN RAJU
Email: BIPIN0911@REDIFF.COM
Your Views: I THINK PEOPLE LIKE GEORGE FERNANDES ARE HELL BENT ON DESTROYING THE INDIAN ECONOMY IF YOU THINK FROM HIS POINT OF VIEW YOU WILL FIND IT JUSTIFIED BECAUSE ONCE THE PSU'S ARE DISINVESTED CORRUPTION WILL BE A MUCH MORE DIFFICULT THING FOR HIM AND AFTER ALL WHAT THE HELLDOES HE KNOW ABOUT IMPROVING THE ECONOMY HE IS THE PERSON WHO FINDS IT HARD TO REMEMBER THAT HE HAS BEEN WEARRING THE SAME ATTIRE FOR THE LAST 2 MONTHS, WHICH HE FORGETS TO IRON I THINK DISINVESTMENT PROCESS IS ONE OF THE FEW CORRECT DISSIONS TAKEN BY THE VAJPAYEE GOVERNMENT AND THAT PEOPLE WHO OOPOSE IT SHOULD BE GIVEN A KICK IN THEIR BACKSIDE

Sun Oct 6 13:34:30 2002
Name: prasad
Email: eswarprasaddalai@rediffmail.com
Your Views: One can undertand privitisation of loss making PSUs. But why privitise those making profits?!. All we do is just to please the IMF and the World Bank with scant regard for the public intrest. The indian government should first address the problem of unemployement.

Sun Oct 6 13:39:48 2002
Name: sarin
Email: ss2879@rediffmail.com
Your Views: i think that psu's should be divested. i believe in adam smith's invisible hand, and so even with privatised psu's working with higher efficiencies (since it will be private sector at work) social benefits will be met. thus it definitely makes sense for the government to rid off the psu's which are bogging it down right now.

Sun Oct 6 13:54:34 2002
Name: srihari rao
Email: srihari_kotni@rediffmail.com
Your Views: Its not good for any nation, or the government of the nation to involve in production and distibution. The Government should be concerned only in basic eseentials that build the nation that are Defense, Health and Education. In case of India, our lakhs of Crores are stuck in PSU which are eigther doing severe losses or negligible profits compare to the investment and monopoly provided to those oranisation. So called IOCL and BPCL are doing profits because of the monopoly and at the cost of consumer. Its neverthless to say that the politian's interests are tied with those organisations under Government control. For PEtrolium minister makes money on every Petrol Pump agencies allotment. The money that comes from disinvestment will come back to their owners i.e public and can be used for infrastructure developement and improving the quality of life. Average Indian's life improves only by more active private sector., The whole nation should appreciate our Prime minister's afforts in achieving this. Jai Hind.

Sun Oct 6 13:55:21 2002
Name: abhishekhulbatte
Email: abhishekhulbatte1@rediffmail.com
Your Views: dont sell the national assets,but go for an ipo.

Sun Oct 6 14:01:32 2002
Name: Prakash
Email: gslprakash@yahoo.com
Your Views: Yes, its time the government concentrate on the infrastructure development like, power, irrigation dams etc.

Sun Oct 6 14:01:53 2002
Name: rohit
Email: rosals@rediffmail.com
Your Views: Its like fighting not for countries growth but just selling off every major profit earning PSU whyz everyone bent on sellingtelecom companies or the companies producing raw materials and oil why not sell thousands of companies which need to be modernised and are in red only prime(navratnas) are being sold and that too to a lobby of industrialists its not giving any respite to the coman man just more frustration. its like they r fighting for their share in the booty earned where is all the money going? simply the administrative expenditures have grown many folds so have the taxes.SO pleaz if private players can run the companies why can't govt. employees do the same with commitment.

Sun Oct 6 14:03:34 2002
Name: Chandra Shekhar prasad
Email: chandrashekharprasad@rediffmail.com
Your Views: PSU should not be divested it is properties of indian people it is not a one and 100 people who decide fate of the nation property . it is a also last chance of Mr. Atal as Prime minister he has lost the trust of people he dont have proble nor his relaties has any problem . unemployement is going up nobody in goverment is cocern about my opinion is it is property of people sale it to people why are you saleing Arun Suri friend i am not working in any PSU .

Sun Oct 6 14:11:28 2002
Name: R.Prasad
Email: rpdstp@yahoo.com
Your Views: Where does the views collected through this route goes. Can I read the views expressed by other readers.

Sun Oct 6 14:17:58 2002
Name: prabhakar
Email: pyarsanip@yahoomail.com
Your Views: India has not developed even though but i am totally against for disinvestment this will cause lot of problems and create unemployment problems not only this particularly the youth will divert to terroist activists so, i kindly request the government instead of making disivestment of HPCL & BPCL Why dont they merge into INDIN OIL CORP THIS WILL BE A LARGEST OIL SECTOR IN INDIA AND TOO WORLD. I KINDLY REQUEST THE GOVT NOT TO DISINVESTMENT OF OIL SECTOR,RAILWAYS,DEFENCE,ONGC,GAIL or what the petroleum minister telling instead of disinvestment to sell in the public this is good suggestion of Mr.Ram Naik. NOT TO SELL OF HPCL & BPCL THIS IS PROFIT MAKING COMPANIES

Sun Oct 6 14:42:34 2002
Name: C.Gopal
Email: c_gopal@techno-link.com
Your Views: There is nothing wrong in disinvestment. It is the tax payers money that is getting squandered. The Govt is reckless in spending tax payers money. The govt has no moral responsibility to watse tax payers money...We have so many cases of scandals like govt revenue getting misappropriated...Look at the PSU's ...how they are loosing money..and still the govt wants to keep them and finance them...It is our tax payers money and it should be used only for poverty eleviation and social causes..Not to fill the beauracrats 's pockets..Disinvestment is the order of the day and Govt's business is to govern the country not to do business..That's all.

Sun Oct 6 14:48:20 2002
Name: NARENDRA PRAKASH
Email: nprakash_nni@itiltd.co.in
Your Views: No.INDIA SHOULD NOT SELL IT'S PSUs. loss making and unviable psus may be disinvested.Just to meet budget deficit we have no justification for selloff.we must make teams of different technical experts to examin future of these psus to allow them to grow instead of being killed by such an attitude.

Sun Oct 6 14:54:25 2002
Name: abhay singh
Email: abhaycne@rediffmail.com
Your Views: hello sir, i am fully in support of disinvestment. what is the meaning of this kind of public psus which are only giving us losses in many years. we are investing huge amount of money in this psus which we can use in much better way. i think govt. should come out from this psus like petroleum, sail, bhel, aluminium etc. and give them in pvt. players who are well professional who can use these sector for generating jobs and can stand us in world economy. in my point of view govt. should done only 3 jobs. 1. making infrastructre 2. internal & external security 3. making good relation ship with foriegn nations if we have good roads, well water supply facility and electricity i think we can achieve any thing and to creat this infrastructure we need huge amount of money and great will power of govt. i hope this govt. can disinvest these psus like sail which is giving losses and losses and use that money into good use of making infrastructure. it is much heart breaking to know that some so-called economist from rss are trying to make derail this whole process. i sincerely appeal to our honorable p.m. that plz. in the interest of nation he conntinue the process of disinvestment.

Sun Oct 6 15:10:11 2002
Name: arpan
Email: arpanlidder@hotmail.com
Your Views: I feel that PSU,s should be privatised due to the following reasons. [a]we are now firmly commited to the route of globalisation--this means competing with foregin companies.It is a proven fact that PSU,s ,run by the establishment have a delayed decision cycle and are therefore handicaped in a permanent sort of way---therefore can not compete with the private sector which is innovatingat a very fast pace. [b]The only thing is that we would have a very serious problem if we sold PSU,s which are making money and retain those we are subsidising----unless we invest the money on in avenues which produces more money in the longterm than the sold PSU,s were making.Infrastructure investment would be one such sector. [c] time has come to free the private sector and riding their innovative spirit and their desire to make money---Psu,s create a huge governmental vested interest which prevents the government at times to create a level playing field. [d]Lastly if India has to survive then the stake holders have to be increased manyfold---India has to ride the innovative and enterprauner spirit of many over a few know it all and let the market forces rule. thank you. Apran

Sun Oct 6 15:11:07 2002
Name: sat
Email: sat@indiagrid.com
Your Views: Yes. Disinvestment should be done but only part of the equity should be given to private investors. The rest should be sold to the general Indian public through IPOs. The Funds so raised should be used to repay Indias external DEBT. This is critical.

Sun Oct 6 15:16:03 2002
Name: Gopikrishnan G R
Email: gopix@yahoo.com
Your Views: Badly managed PSUs sitting on huge assets and mounting losses need to be immedietly sold off. There is no rationale in piling up losses in things like photofilms and aluminium. As for profit-making PSUs, what is required is not a sell-off, but freeing up of management control, especially depoliticizing top positions. This would go a long way in ensuring that firms like BHEL, BEL and NTPC remain competitive internationally. But I do not understand the rationale of selling off strategic PSUs, specifically oil especially since they are profit-making and decently managed. What happens if the likes of Castrol, Shell, BP, Mobil or Exxon refuses to play ball during a war or war-like situation and chokes our country like what happened in the 1960s? Lets encourage fresh competition in such sectors, not sell-offs. Oil is the biggest single drain on the Indian economy. With India poised to become the 4th biggest importer, up from 12th a few years back (Check out http://212.204.253.230/charts/energy_oilcons.php for details), our country should never be held ransom for oil. 1991 should never be repeated, not should 1960s. Look at countries like Philippines, if you need examples!

Sun Oct 6 15:33:55 2002
Name: Alwyn Roshan Pais
Email: alwyn@cse.iitb.ac.in
Your Views: I dont think oil PSU's to be sold. It will create monopoly in the oil sector.Hence it will create problems for everybody. Govt shhould not privatise the Oil PSU's at any cost. Others PSU's can be privatised by properly framing the rules for the same. PSU's were built on common man's money. They also must have a say in the same. If all PSU's can be privatised why can't the govt be privatised????. It will also be a good move to privatise governence for the same reason as of other PSU's. We will have better governence after this.

Sun Oct 6 16:05:32 2002
Name: Sadayan
Email: Sadayan@rediffmail.com
Your Views: Profit making public sector should be avoided from disinvestment.

Sun Oct 6 16:19:23 2002
Name: Pradeep Jeswani
Email: pkjeswani@yahoo.com
Your Views: From a perspective of a person who has lived 31 years in India and 3 months abroad and every day sits and see's India falling behind in the race to development; allows me to see the failings that allowed such a great civilization to be colonised through innumerable centuries. The divestment of the PSU's is one of the easiest steps we can take in a long road to development of our economy and country. To actually have a discussion about it boggles the mind on the way that a few mis-guided and greedy people can hold a nation to transform. If anybody can be held responsible for it it is Vajpayee. We trusted him to do good. He has taken that power and knelt before people like Ram Naik. Shame on you Vajpayee.

Sun Oct 6 16:22:40 2002
Name: B.Premachandran
Email: prem_iitm@rediffmail.com
Your Views: NO TO DISINVESTMENT Why should we privatise the profitable organisations because of World Bank pressure to founder in economic problems that are common in latin American countries those followed the world bank instruction? Will we sell our won land to others which give much profit by forming because of the advice give by a mad who ask us to take rest insted of working field very hard?

Sun Oct 6 16:24:17 2002
Name: Indian
Email: pearls98@hotmail.com
Your Views: ITS TIME THOSE SICK PSU's are privatised to channel government money for constructive purpose. THEIR VERY EXISTENCE IS TO DRAIN THE GOVERNMENT EXCHEQUER. WHY DO WE NEED SUCH UNITS IN THE NAME OF PROVIDING EMPLOYMENT.(all that the employees do there is PUNCH,LUNCH & PUNCH, IF U KNOW WHAT I'M SAYING).

Sun Oct 6 16:24:56 2002
Name: rahul dwivedi
Email: rahul_iitm@yahoo.com
Your Views: no need to say that expect very few, PSUS are just a bunch of junks that have become a burden for the economy of this country.they show us the proper example of misarrangement and the mockery of professionalism.the way the act of disinvestment has been done is admirable and shows us the clear cut way of putting our economy on the way of reorm.the courage with which arun shourie has disinvested the giant like maruti and vsnl as well as NALCO and BALCO in spite of the hidrances form so called representative-of-common man is highly appreciable.i think prime minister shoul also be praised for the support given by him to this process.actually this has become mandatory for the good future for indian economy to disinvest all PSUS and sooner this work is done better will be for this country.

Sun Oct 6 16:29:52 2002
Name: Amar
Email: amar_pal@hotmail.com
Your Views: Private enterprises have always been better at running business than the Government. They can lower costs significantly by removing overhead and thereby benefitting the broader public.

Sun Oct 6 16:30:39 2002
Name: madhukar
Email: mandamadhu123@rediff.com
Your Views: profit making psu's should not dis-invest like our NALCO in orissa petrolium companies should not sell govt should cut its expendicher in all fields to contol fiscal def govt has to take other steps but not disinvestment in profit making comp catch hold of big fishes who are not paying taxs

Sun Oct 6 16:31:38 2002
Name: tbramarao
Email: tbrrao@rediffmail.com
Your Views: considering the past records,India shall can sell all PSUs except defence, atomic energy, railways and oil sector because Indian private monopoly in the past worked against country.

Sun Oct 6 16:39:33 2002
Name: jagadeeswaran
Email: rjagad_ina@rediff.com
Your Views: India Should sell its PSUs, Govermentment is not capable of properly managing PSUs.

Sun Oct 6 16:57:53 2002
Name: S.R.Mitra
Email: rch_soubid@sancharnet.in
Your Views: Indian government knows that they are incapable of doing anything efficiently. So they want to sell their property instead of maintaining them. Their attitude is like a worthless jaminder who enjoys his life by selling properties and die quick. Another main reason is that the powers that be , are after cut money and quick money . Hence , BJP government will definitely see to it that everything is sold irrespective of any reasoning.So our views have got no meaning

Sun Oct 6 17:06:49 2002
Name: B.D.Patil
Email: patil11bd@rediffmail.com
Your Views: The job of government is to administer, not to provide services or to intermingle with industries who are much more capable of producing goods & services. So let the industrialists do their job & for the sake of India & its people privatise all public sectors & let them run the Industries. The politicians who speak against the privatisation does they know how the industries run? What is there experience? Better these people sit at Delhi for the sake of governance & let the much capable & experienced people from private industries run the show.

Sun Oct 6 17:08:30 2002
Name: Vinu Mammen
Email: vinum@npcc.co.ae
Your Views: SELL ALL PSU's

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