Frankly, this whole thing is just an eyewash by PSU's to draw attention to their allegedly low pay. Why would they need to compete with private sector firms on pay when they operate in a totally different business environment? Most of them are in protected, monopoly markets, so where is the need to pay their employees private sector level salaries. The issues they face go well beyond the powers of their managers to fix, as we can see with Air India?
Re: PSU's recruitments and premium MBA's
by ashu on May 11, 2011 01:14 PM
@Dass u r really poor in GK ... I hv no doubt u a PUS employee and no wonder why all talented people r a staying away from PSUs
Re: PSU's recruitments and premium MBA's
by ashu on May 11, 2011 01:14 PM
@Dass u r really poor in GK ... I hv no doubt u a PUS employee and no wonder why all talented people r staying away from PSUs
Re: PSU's recruitments and premium MBA's
by DEEP DAAS on May 11, 2011 12:30 PM
Name 10 PSUs which have a monopoly market. Btw Indian Railways is a Govt. Dept. & not a PSU. Which world do you live in? Increase your G.K.
Re: Re: PSU's recruitments and premium MBA's
by Samir Shah on May 11, 2011 12:40 PM
@ deep... boss where did u see the reference of Indian Railways in her comment?
Re: Re: Re: PSU's recruitments and premium MBA's
by DEEP DAAS on May 11, 2011 12:49 PM
No. She didn't mention it. I wrote it in advance on presumption of it possibly being mentioned. Anyway if you agree with her statement of PSUs operating in monopoly market, then please name ten such PSUs. I'll be enlightened & obliged.
Re: Re: Re: Re: PSU's recruitments and premium MBA's
by Ajay kumar on May 11, 2011 12:58 PM
SCI, FCI, NALCO, SAIL, CIL and many more IOC, HPCL all Oil corpos in India operate in protected bus Env and immune to competition. Did u ever hear about competition in Oil industry worlwide??
Re: Re: Re: Re: Re: PSU's recruitments and premium MBA's
by subir das on May 14, 2011 02:54 PM
improve your gk.sail....no monopoly. FCI...ITS OBJECTIVE IS TO EARN LOSS.NO OTHER PRIVATE CO WILL VENTURE INTO THE BUSINESS OF FCI.NOW A DAYS VERY FEW PSU ARE ENJOYING THE MONOPOLY SITUATION.I DO NOT WORK IN ANY PSU BANK,BUT I KNOW THE OFFICERS IN PSU BANKS....SOME ARE WORKING IN SUCH BRANCHES WHERE GOING STAYING EATING IS A CURSE.THINK ABOUT THE REMOTE PLACES,NORTH EAST,LADAKH,SIKKIM.VERY FEW PRIVATE BANKS IN THIS AREA.MOST OF THESE PRIVATE BANKS HAVE THEIR BRANCHES IN GUWAHATI LIKE CAPITAL CITIES WHERE LIVING CONDITION IS FINE.BUT THERE ARE CITIES WITH BELLOW ONE LAKH POPULATION.....THEY WON'T BE SEEN THERE.
Re: Re: Re: Re: Re: PSU's recruitments and premium MBA's
by DEEP DAAS on May 11, 2011 01:15 PM
Dear Mr. Ajay - thanks. But SAIL & NALCO don't have a monopoly. Yes SCI is having monopoly but govt. havn't put any restriction for new entrants - I suppose (correct me if I'm wrong). FCI is having monopoly for its social role and due to the need of the central planners. The oil companies (RIL, Shell is also there albeit in minuscule form) can best be termed oligopoly not monopoly. However I expected names like NHAI, Powergrid & the Power companies in several states. Again they are monopoly bcoz of their social role which no private player will be interested in. The point is -this companies are far & few as compared to the major chunk of PSUs and nationalised banks who operate in a fiercely competitive market.
Re: Re: Re: PSU's recruitments and premium MBA's
by rajiv kumar on May 11, 2011 12:52 PM
@samir.... Mr Dass is very much concerned abt west bengal election and Mamta Banerjee.. so he is seeing railway everywhere
Re: Re: Re: Re: PSU's recruitments and premium MBA's
by DEEP DAAS on May 11, 2011 01:03 PM
My dear friend Mr. Rajiv - Plz check the name - it's DAAS not DASS as you mentioned. And how on earth did you bring in West Bengal elections & Mamata (not Mamta) Banerjee in here? True, I made a presumption. But your presumption is too much - hats off! Btw if you are so concerned on my statement then plz reply to the main context of discussion i.e. PSUs operating in monopoly market. Plz name 10 PSUs which have a monopoly market.
