Which enterprises should be privatised?
In other political circumstances, one could have said almost all. But given that the UPA with its agenda of the NCMP is in power, and the NCMP says that profit making enterprises will not be privatised, at least the UPA should privatise “chronic loss making public sector enterprises”. Not only does the government have to pay out money year after year to cover their losses of more than Rs 7000 crore, there are huge resources such as land, labour and capital tied up in them. If these could be utilised, there would be an increase in total production and income in the economy to the tune of Rs 40,000 crore.
