GOVT ADVICE TO PSUs ON VIRUS CONTROL IS WELCOME
LET BUSINESS DECISIONS BE LEFT WITH MANAGEMENT
2020-03-30 10:12
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It is high time that central ministers and top bureaucrats stop meddling with commercial decisions of the management of their departmental undertakings, especially at this difficult time. In the past, such interferences have led to financial misery of many public sector undertakings (PSUs). The worst of them were two former national airlines — Indian Airlines and Air India — under the ministry of civil aviation. Most public representatives in the government holding ministerial portfolios are generalists and not management experts. The same is the case of bureaucrats. They would probably do well by refraining from giving unwarranted commercial advice to the management of departmental undertakings at this juncture when large PSEs are fully engaged in fighting coronavirus within their plants and establishments, employing thousands of people, and those living close to their factories, while running their operations. The government should also see that such advices are also not showered on PSU management by their departmental secretaries or top bureaucrats. The latter could give wrong signals.