Modi government privatized 23 PSU's in 8 years

[bhaigan]

3 minutes ago, Ryzen_renoir said:

Nonsense man , my father said how times were under socialist utopia of congress 

For cement you had to apply for months in advance and you get a limited quantity only .

For telephone it used to take 1 year to get connections 

For cars , after paying full amount in advance it used to take 2-4 years to get an ambassador 

For tractor it used  to take 2 to 5 years and bribes. My grandfather bought a Soviet tractor 50 years by paying bribes in collector office. It was hot garbage but such is life under socialism 

Mixed economy only works when govt employees work with resolution like china , it doesn't work in a democracy.

India has failed 50 years trying the same garbage socialist policies , it's time to bury them.

I am shocked that educated people are in support of more government owned enterprises and increasing government employees these days . I guess most people don't know the dark days of socialism 

mana father days enduku le bhayya

appatiki ippatiki chala marinayi

technology wise improvements untadi, uplifiting from poverty untadi

India emi US or Europe kadhu to directly implement capitalistic policies, think about farm laws edho cheyali anukoni cheyi kalchukunnara ledha

PSU's is were people under poverty or deprived sects will be benefited

 

[bhaigan]

5 minutes ago, Ryzen_renoir said:

Manmohan singh was clever , he created PSU's but massively reduced govt employees.  Thus removing burden , but not just on paper 

UPA was much more capitalist than people give credit for , they signed so many FTA's and did more divestment than NDA (taking inflation into account). 

UPA1 had stellar economic performance

 

only 3 disinvestments during manmohan singh government

Manmohan is the one who increased capacity and investment for Vizag steel, see the results now how vizag steel is making profits

[JackSeal]

11 minutes ago, pakeer_saab said:

6.    Scooters India Ltd

em scooters manufacture chesaro cheptaava

all these PSU have bleeded india for far too long, Air India bleeded 1 lakh crores in the 3 yrs alone

Modi did a wonderful job making these employees do something else for living than living on tax payers

Orey scooter india makes three wheelers which has market in UP and surrounding areas… neku thelekapothe telsuko… it has 1% market share in three wheeler segment and just 150 employees with  100+ acres in lucknow 

[Android_Halwa]

21 minutes ago, bhaigan said:

ammi emi evelagapettadu ane 

poni unemployed youth ki jobs ichinda

chala southern states enno demands pettaru  poni aa states ki funds emanna ichada

ammi dobbi modi made adani and Ambani as monopolies in this country

Kaka, ie vishayam mida neetho nenu argue cheyalenu. Mixed economy ani...

PSU's are bleeding money. Timely disposing off PSU assets is what is needed. 

Had Govt sold air india in early 2000's, we would have saved at least 1 lakh crores and Air India would have been a successful airline employing thousands creating thousands of crores in revenues and tax receipts. Look at it now. 

This is what it will happen to every PSU sooner or later

[Android_Halwa]

4 minutes ago, bhaigan said:

only 3 disinvestments during manmohan singh government

Manmohan is the one who increased capacity and investment for Vizag steel, see the results now how vizag steel is making profits

Bro, Are you aware of Steel industry updates in Orissa in the last few months ?

That's AP's loss. POSCO gone..they are setting up greenfield factory in Orissa...Arcelor-Mittal coming up with huge steel plant in Orissa and Vizag Steel is yet to be sold...Vizag Steel can be another Jindal or Tata steel instead inefficient employers ki salary iche company ga tayar ayindi...you know what is at stake by not selling vizag steel ?

[JackSeal]

1 minute ago, Android_Halwa said:

Kaka, ie vishayam mida neetho nenu argue cheyalenu. Mixed economy ani...

PSU's are bleeding money. Timely disposing off PSU assets is what is needed. 

Had Govt sold air india in early 2000's, we would have saved at least 1 lakh crores and Air India would have been a successful airline employing thousands creating thousands of crores in revenues and tax receipts. Look at it now. 

This is what it will happen to every PSU sooner or later

Mention one private airline which is making profits in india ? even indigo is in loss pre covid 

[bhaigan]

2 minutes ago, Android_Halwa said:

Kaka, ie vishayam mida neetho nenu argue cheyalenu. Mixed economy ani...

PSU's are bleeding money. Timely disposing off PSU assets is what is needed. 

Had Govt sold air india in early 2000's, we would have saved at least 1 lakh crores and Air India would have been a successful airline employing thousands creating thousands of crores in revenues and tax receipts. Look at it now. 

This is what it will happen to every PSU sooner or later

Air India previously used to be private airlines owned by JRD tata, danni ammina ardam undi kani not each and every PSU's owned by government were it generates employment for youth in rural india

[Android_Halwa]

36 minutes ago, nuvvu_naakina_paalem said:

Covering sarpoledhu, ap medha edupu kanapadipothundhi

naa Lavadala edupu..Vizag Steel emana AP sonthama endi ?

BPCL is for sale...French energy Total looking at picking up stake...deeniki AP ki emana sambandham vunda?

LIC stake sale coming up..AP ki emana sambandham vunda ?

[Android_Halwa]

1 minute ago, JackSeal said:

Mention one private airline which is making profits in india ? even indigo is in loss pre covid 

Airlines do not make money. They burn money. 

Airline is such an industry where billions are spent to make meagre millions.

Look at revenue of Indigo Airlines and calculate cumulative over the last 15 years. Airline profit lo vunte niku naaku emi vastadi boche thappa. Revenues is what we need than profits in airline sector. 

[Android_Halwa]

2 minutes ago, bhaigan said:

Air India previously used to be private airlines owned by JRD tata, danni ammina ardam undi kani not each and every PSU's owned by government were it generates employment for youth in rural india

Things are changing...from an era where government was the only investor to government being the last investor. 

PSU's were needed when there was no capital in India. Mumbai la ivala 20k crores capital ready ga instant ga dorukutadi but okappudu 1000 crores kuda market nundi dorekedi kadu, hence PSU investment is needed. Its not the case anymore.

[bhaigan]

1 minute ago, Android_Halwa said:

Bro, Are you aware of Steel industry updates in Orissa in the last few months ?

That's AP's loss. POSCO gone..they are setting up greenfield factory in Orissa...Arcelor-Mittal coming up with huge steel plant in Orissa and Vizag Steel is yet to be sold...Vizag Steel can be another Jindal or Tata steel instead inefficient employers ki salary iche company ga tayar ayindi...you know what is at stake by not selling vizag steel ?

POSCO is setting up factory in Gujarat Mundra port not Orissa

Vizag steel made 18,000 crore  turnover during 2020-21, Vizag steel is not doing bad

 

[Android_Halwa]

1 minute ago, bhaigan said:

POSCO is setting up factory in Gujarat Mundra port not Orissa

Vizag steel made 18,000 crore  turnover during 2020-21, Vizag steel is not doing bad

 

well, POSCO is AP's loss. 

Vizag Steel has capacity to become largest steel maker...on par with Jindal and Tata...and you are talking about 18k revenues ? Are you happy about Vizag steel's 18k revenue where the potential can be three times of what it is making and can employ twice the number...

Jindal had 5 bil revenue and employs 7k whereas Vizag Steel's revenues are half of it and employs double. Company nadipe vidhanam idena ? 

[JackSeal]

12 minutes ago, Android_Halwa said:

Things are changing...from an era where government was the only investor to government being the last investor. 

PSU's were needed when there was no capital in India. Mumbai la ivala 20k crores capital ready ga instant ga dorukutadi but okappudu 1000 crores kuda market nundi dorekedi kadu, hence PSU investment is needed. Its not the case anymore.

MSMEs has no access to capital ani edusthunnaru … 

[Android_Halwa]

1 hour ago, JackSeal said:

MSMEs has no access to capital ani edusthunnaru … 

MSME's will never have access to capital by default. Edo Mudra ani try chesinaru kani work out avavvu avanni..

MSME order book bagunte, bank ode overdraft with least interest rates istadu...Modi or Gandhi, this has not changed. SFC's distribute atleast 1000 retail loans, Ministry nundi few hundred crores etc but to fund each and every MSME will not happen...assets vundavu, liability vundavu...it will end up as NPA.

[Lovecrusader]

Lol edantha chepadaniki bane untadhi....reform reform mongers ki ground reality telidu.....they said same with farm laws ,what happened modi took them back up due to public pressure.... reform should be taken slowly not in a hasty manner ,if they did in hasty there will be loss election losses, luckily bjp faced didn't face any loss due to reforms