Indecisiveness key reason for slow growth of PSEs: Plan panel body

In its blueprint to make them more viable and competition-oriented, the Steering Committee on Industry for the 12th Plan period has prescribed the need for setting up an ombudsman type institution to help them shed their inhibitions. It has also suggested that the Comptroller and Auditor General (CAG) should factor in the losses sustained by PSEs on account of their indecisive approach instead of financial losses.

Read Full Story>>