The Holy Grail: Public sector enterprises are still denied autonomy

Speaking at the BRICS conference on competition policy held in New Delhi last week, Prime Minister Manmohan Singh touched on what has become a never-ending theme in the Indian policy discourse: the autonomy of public enterprises. For decades, there has been a near-unanimous clamour that these enterprises be allowed greater freedom to make choices about products, people and technology. And there have been some significant initiatives in this direction...

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