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Thursday, 28 February 2013

IS DISINVESTMENT THE ONLY WAY-OUT TO REDUCE FISCAL DEFICIT?



Why we are not MAKING the COMPANY/SECTOR MORE PROFITABLE by SOLVING the PROBLEMS of that PARTICULAR COMPANY/SECTOR instead of DIS-INVESTING IT for GENERATING FUND?

Think why the SAME DIS-INVESTED COMPANY becomes more profitable in hand of PRIVATE LEADERSHIP later on?

I opine ‘PREVENTION’ –like working environment, motivation, good leadership & best operational strategy etc. is better than ‘MEDICATION’-like alternate channel, controlling expenditure etc. and MEDICATION is better than SURGERY’ - like RETRENCHMENT, REVAMPING etc. and SURGERY is better than ‘AMPUTATION’ - DISINVESTMENT and finally AMPUTATION is better than 'DEATH' - CLOSER.

DISINVESTMENT IS LIKE SELLING THE HOUSEHOLD ARTICLE FOR SURVIVAL-it must be done when there is no way out? But since 1991 it is the main USP of every UNION BUDGET in INDIA.

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