Incompetent UPA destroying PSUs
Some of the country’s glittering PSUs are on the brink of destruction due to the foolhardy policies and criminal inaction by the UPA Government. These units are in the red because the Government has completely failed to provide them with direction, operational autonomy and support. Given the fact that the Government led by Mr Manmohan Singh has allowed select private operators patronised by then Union Telecom Minister A Raja to loot the public through what is now known as the 2G Spectrum scam, it is no wonder that state-run telecom companies are among the major losers even as private firms post healthy profits.
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