, but the operator cannot work in that machine as we couldnot run more than 3 machines for which oprs. were available. There used to be involvement or interference from Ministries if actions are taken on union leaders or some politically connected people. The Public Sector performs well if not interfered with. The Pvt. Setor has let down the country in the past 30yrs.Let us revive Mixed economy.Let Private sector be private with promoter’s capital share holders capital.LetPublic sector have Bank Loan as govt.invetment R.Ponnambalam
The Public Sector Space research Organization, Atomic Research sectors are High value nation builders . So is the Pvt. Sector Engineering Giant Larsen & Toubro.They have performed better than the pvt. Sectors being talked about . Asian Paints, IndusInd Bank, Maruti Suzuki and Sun Pharmaceutical are much different in character than these We should recollect the comment from the French company”We make perfumes ;they, eau de cologne”. With all this great performance of Pvt. has the Pvt. Sector paid back all it’s bank loans and had their loans come to zero and are they flush with capital to invest Share value going up is fine.How much the output-production has gone up , how much new product addition or better technology development and the like have contributed year by year to this corresponding rise in share price and what prevented them from performing every year like this and would they continue to have such share price going up year by year like this.Many Public Sector Companies had a clause in the charter”PROFIT MOTIVATION IS NOT THE AIM.. The unions used to flaunt it before the management. In the early days of Industrialization the liberty given which turned out to be mistakes made by our well intended govt. were not reciprocated by union or workers. In a Govt. company machine was available, operator(Leave Reserve) was available , but the operator cannot work in that machine as we couldnot run more than 3 machines for whi
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Good informative comparison confirming Gold is best alternative to Stock market equity shares for investment.In equity too one should identify the future likely good performers in terms of management,product/sector,market capitalization and ratios.Always invest for longterm in good performers which definitely yields you better returns that too income tax free,same is as regards mutual funds.All educated/elite should not hesitate to become longterm investors to reap good returns better than any other avenue.jeediguntaGoa
