TOP PERFORMERS SHOULD FETCH MORE FUNDS
Nantoo Banerjee
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2010-03-05 09:54
Finance Minister Pranab Mukherjee may disagree, but the Government is certainly not among the best money managers. The Government's huge access to public funds, jumbo-size administration, spend-thrift attitude with expenditure outsmarting income, lack of accountability and corruption in its ranks automatically makes it a poor money manager. The national assets the Government builds come at a much higher cost if one compares with the costs incurred to create similar assets by private sector enterprises.