The PSU is a PUBLIC SECTOR
UNDERTAKING. What constitutes
a Public Sector Undertaking (PSU)?
A PSU is a government-owned
Organisations that play a critical
role in our economy. However,
appointing politicians or bureaucrats
As chairpersons do not guarantee
success; in fact, it may worsen the
problems these organisations face.
Such appointments can lead to more
challenges for the workforce and
ultimately jeopardise public interests.
Take the NTC Textiles Mills as a
poignant example. Despite investing
In modernisation, and the construction
of new mills, the decision to shut
down all operations thwarted
any potential growth. This situation
underscores the urgent need for
a thoughtful approach to leadership
in our public sector—one that
prioritises efficacy and benefits
the community over
political interests.
The Karnataka High Court dismissed
a petition filed the Chairman of a
Govt Sugar Mill when govt appointed
Lokayukta to enquire
the financial irregularity during the
tenure of the Chairman during his
Job ets erc.
The Government must appoint only
qualified person(s) having sound
domain knowledge and professenal
excellence to the post of Chairman
in a Government Company or a
public sector undertaking.
