Prime Minister Narendra Modi emphasised on the PSU turnaround to underscore his governance mannequin. Talking on the India Right now Conclave, the PM mentioned years again obits have been written for PSUs equivalent to HAL, however beneath his authorities, they’ve been nursed again to well being.
“Entities equivalent to BSNL, Air India have returned in new avatars”.
Authorities-owned firms have traditionally traded at reductions to their non-public friends. Nevertheless, within the final couple of years, they’ve closed the hole, he mentioned.
Their internet value has improved within the final 10 years of his authorities. “The folks’s belief within the PSUs has elevated and so has their efficiency,” the PM mentioned, including that their internet revenue was round Rs 1.25 lakh crore in 2014 and now it’s previous Rs 2.5 lakh crore.
The PM attributed the PSU comeback to the Centre’s ‘nation-first’ intent. “Right now if PSUs are investor favorite it’s credited to this intent and never family-first logic,” he mentioned taking a jibe on the Congress.
Talking on the occasion, PM Modi famous it was the BJP-led NDA authorities which has spearheaded distinct sectors beneath the aegis of newly launched ministries.
In a push in the direction of ladies’s empowerment, PM Modi mentioned that he distributed agricultural drones to women in villages to “break the [social] psyche” that doesn’t approve of girls driving even tractors.
“Even right this moment, when daughters drive tractors in villages, it surprises folks. I needed to interrupt this psyche. I needed to point out that daughters can function drones too,” the PM mentioned.
