ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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PUBLIC SECTOR NRI Umbrella MKS SINCE its establishment one and a half years ago, the Rajiv Gandhi government has been pursuing an ambivalent policy in respect of public enterprises. This policy has been one of studied indifference bordering on hostility rather than of any serious concern for turning this potentially effective machine into a locomotive of the economy. It is true that the Prime Minister has been consistently supporting the concept of the public sector in his public speeches, but the fact remains that the World Bank-IMF trained policy-makers in his government as also the former private sector managers in the Union Council of Ministers have been jointly doing everything to undermine the little confidence left among public sector workers and engineers after decades of political manipulation.

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