Modi government privatized 23 PSU's in 8 years

[pakeer_saab]

1 hour 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

well said, USSR styled PSU dont work anymore

Saudis and Norway invest their money in capital markets and earn for their citizen, we bleed our economies encouraging such useless fellow who dont do anything

Air India is perfect example what a PSU can do to nation, every indian hates to fly Air india

 

[pakeer_saab]

1 hour ago, bhaigan said:

Indian GDP went to 10% when manmohan sigh was PM after world wide 2008 recession, he created more PSU's during his tenure. how many PSU's did modi created ?

 

creating PSU is not the job of govt, creating an entrepreneurial spirit is what govt should do

US is what it is because of people not government, first learn the basics of capitalism

there can be no business done with public money... its been proven in USSR, Venezuela, Cuba.. we dont need to become them

[bhaigan]

10 hours ago, Android_Halwa said:

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 ? 

Vizag steel privatize chesthe for sure job loss untadi

job loss youth ki evaru jobs kalipistharu, that too economically deprived andhra pradesh, center 8 years ga anyayam chesthune undi AP ki

[Android_Halwa]

Just now, bhaigan said:

Vizag steel privatize chesthe for sure job loss untadi

job loss youth ki evaru jobs kalipistharu, that too economically deprived andhra pradesh, center 8 years ga anyayam chesthune undi AP ki

Oh my goodness..!!! You can’t run PSU just to keep up the jobs. Such a socialist..

Jindal Steel makes double the money by employing half of what Vizag does…but indirectly, Jindal creates a pro business environment where ancillary units provides jobs for few thousands, make new entrepreneurs …where as Vizag steel doe not. It’s not creating jobs but restricting from creating more jobs. 
 

Trust me, you cannot afford to be a socialist. 

[bhaigan]

9 hours ago, pakeer_saab said:

creating PSU is not the job of govt, creating an entrepreneurial spirit is what govt should do

US is what it is because of people not government, first learn the basics of capitalism

there can be no business done with public money... its been proven in USSR, Venezuela, Cuba.. we dont need to become them

ok you are creating entrepreneurial spirit who is going create jobs for youth especially in rural India

please dont talk selfishly

US ki India ki asalu compare cheyaku, we are mixed economy, we are socio economical society. compare with china's industrial revolution not US

 

[JackSeal]

9 hours ago, pakeer_saab said:

well said, USSR styled PSU dont work anymore

Saudis and Norway invest their money in capital markets and earn for their citizen, we bleed our economies encouraging such useless fellow who dont do anything

Air India is perfect example what a PSU can do to nation, every indian hates to fly Air india

 

Air India is burden to people… private airlines like kingfisher, jet airways are burden to bank thus burden to people

[bhaigan]

2 minutes ago, Android_Halwa said:

Oh my goodness..!!! You can’t run PSU just to keep up the jobs. Such a socialist..

Jindal Steel makes double the money by employing half of what Vizag does…but indirectly, Jindal creates a pro business environment where ancillary units provides jobs for few thousands, make new entrepreneurs …where as Vizag steel doe not. It’s not creating jobs but restricting from creating more jobs. 
 

Trust me, you cannot afford to be a socialist. 

you have words you are talking trash and you are talking selfishly for sure

India is socio economic society, it is not capitalistic society period

[JackSeal]

7 minutes ago, Android_Halwa said:

Oh my goodness..!!! You can’t run PSU just to keep up the jobs. Such a socialist..

Jindal Steel makes double the money by employing half of what Vizag does…but indirectly, Jindal creates a pro business environment where ancillary units provides jobs for few thousands, make new entrepreneurs …where as Vizag steel doe not. It’s not creating jobs but restricting from creating more jobs. 
 

Trust me, you cannot afford to be a socialist. 

List of government owned airlines…

https://en.m.wikipedia.org/wiki/List_of_government-owned_airlines

[bhaigan]

13 minutes ago, Android_Halwa said:

Oh my goodness..!!! You can’t run PSU just to keep up the jobs. Such a socialist..

Jindal Steel makes double the money by employing half of what Vizag does…but indirectly, Jindal creates a pro business environment where ancillary units provides jobs for few thousands, make new entrepreneurs …where as Vizag steel doe not. It’s not creating jobs but restricting from creating more jobs. 
 

Trust me, you cannot afford to be a socialist. 

compare with China's state owned steel companies 

some of the chinese companies are largest producer of steel in the world for example 

RANK	COMPANY	TONNAGE 2020
1	China Baowu Group (1)	115.29   JSW steel ekkado 25th position lo undi, compare with those type of industrial revolution not capitalistic ideas

[Ryzen_renoir]

7 minutes ago, bhaigan said:

compare with China's state owned steel companies 

some of the chinese companies are largest producer of steel in the world for example 

RANK	COMPANY	TONNAGE 2020
1	China Baowu Group (1)	115.29   JSW steel ekkado 25th position lo undi, compare with those type of industrial revolution not capitalistic ideas

Naayana public sector enterprises work in china Because they are run like private sector firms 

You can't strike , you can't form unions , you can't demand wage hikes , etc. If you protest you wil be fired or in worst case sent to labour camps for life 

How many government employees will agree to these conditions in india ?  

[bhaigan]

1 minute ago, Ryzen_renoir said:

Naayana public sector enterprises work in china Because they are run like private sector firms 

You can't strike , you can't form unions , you can't demand wage hikes , etc. If you protest you wil be fired or in worst case sent to labour camps for life 

How many government employees will agree to these conditions in india ?  

Same way you need to do in India , run PSU like private firm

ekkada anna BEML, BHEL or Hindustan shipyard employees to name few vachi dharna chesara for wage hikes in recent years for memory check

china lo alanti industries lo pani chese valu almost rich middle class people, their kids afford luxurious houses and apartments in US

 

[bhaigan]

25 minutes ago, JackSeal said:

List of government owned airlines…

https://en.m.wikipedia.org/wiki/List_of_government-owned_airlines

Emirates and Ethiopian airlines owned by government aa, no doubt they have very effective financial policies to airline industry

[JackSeal]

4 minutes ago, bhaigan said:

Emirates and Ethiopian airlines owned by government aa, no doubt they have very effective financial policies to airline industry

even etihad owned by govt

[manadonga]

Except lic i support all other things 

[Ryzen_renoir]

10 minutes ago, bhaigan said:

Same way you need to do in India , run PSU like private firm

ekkada anna BEML, BHEL or Hindustan shipyard employees to name few vachi dharna chesara for wage hikes in recent years for memory check

china lo alanti industries lo pani chese valu almost rich middle class people, their kids afford luxurious houses and apartments in US

 

To know the efficiency of govt employees of india , i request you to go to your nearest BSNL office and see 5-10 people sitting idle and getting paid 50-100 thousand per month 

There is no saving PSU in india , best to get rid of all govt employees. 

The passport system vastly improved after they outsourced to TCS , need to get rid of most govt employees as much as possible