India can become a manufacturing hub if we change the way we work, says the minister
GN Bureau | November 8, 2014
Kalraj Mishra, union minister of micro, small and medium enterprises has said while PSUs have contributed to the country’s economic growth, in the current liberalised environment they need to compete hard.
Speaking at the Governance Now PSU award function on November 7, Mishra said it was a great occasion to recognise PSUs which had performed well in terms of both governance and productivity. “I must admit that some of our PSUs are inactive and suffering losses year after year. At the same time, many others are doing great work.”
The minister said during insurgency and in troubled areas (Maoist/separatist-affected); it was the PSUs that had made inroads. “But they are dealing with the problem of perception today. It is widely believed that everything related to government is not very productive. In the coming days, PSUs are going to face very stiff competition,” he added.
Talking about prime minister Narendra Modi’s ‘Make in India’ campaign, Mishra said it could only be successful if there was good coordination among all departments. He said there was a need to ensure highest level of quality in our products.
“The products made in India should match international standards. The need is to bring a change in work culture. And we can become a manufacturing hub for the world, thereby making India an economic super power,” he added.
While the centre has encouraged drug stores that sell generics (as opposed to branded medicines) under the Jan Aushadhi scheme, states have obtained mixed results in the implementation. In Andhra Pradesh, for instance, there are few stores selling generics, but they are unique in that they are run by all-w
A top Reserve Bank of India official had waved the red flag, a year back, regarding the SWIFT messaging system. SWIFT was used in a fraud amounting to Rs 11,000 crore at a Punjab National Bank branch that benefited billionaire diamond jeweler Nirav Modi. Former RBI deputy gover
Delhi chief secretary Anshu Prakash’s claim that he was manhandled by Aam Aadmi Party (AAP) lawmakers in the presence of Delhi chief minister Arvind Kejriwal has kicked up a storm. Here is what transpired on Monday night and the events that unfolded through Tuesday.
Is banks` messaging system SWIFT secure enough?
Diagnosing what ails India’s governance, Bihar chief minister Nitish Kumar used to name three units or offices that are so corrupted that they are beyond redemption: village patwaris, police station darogas and Railways ticket collectors. In his stint as executive head of Bihar, he seems to have incl
Could RTI have saved banks from scams?