When I read about the latest tranche of Vodafone Idea equity stake that the government of India is going to have to acquire, as spectrum auction dues get converted to equity, the first thought that occurred to me is “Oh gosh! Soon it will become a PSU!” And we all know the fate of our… Continue reading How Not to Allow Vodafone Idea to Go the Air India Way
Tag: Loss-making PSUs
Does India Need Public Sector Enterprises?
While the title of this article might shock many of you, this is clearly not my intention. The idea, rather, is to assess the state of India’s state sector in the economy over the past many decades and see how they are faring as well as how many are still required in today’s business and… Continue reading Does India Need Public Sector Enterprises?


