Govt must let go of its hold on PSBs
In India socialism thrives thus: first, create the scarcity through governmental control and then, the government doles out the scarce thing. People are brainwashed into thinking that since the government is the source of the supply, it (the government) must be the benevolent entity in the economy; therefore, all efforts must be made to keep on the good side of the government so that it can come to ‘rescue’ with some of the scarce good.
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