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The CMDs of the central PSUs have demanded the Heavy Industries Ministry to grant more autonomy and powers to the PSUs to run the organisations effectively. This is fully justified since on most of the issues there is acute delay in getting the nod of the government on many important issues.
It is not sufficient. The unnecessary intervention of the government in the normal running of the PSUs should be reduced. How the 45 million GSM tender and the 95 million tender in BSNL was cancelled due to the intervention of the government is well-known.
Instead of taking all the surplus cash of the PSUs by the government, it should be able to accept the suggestion of the PSUs for further development and expansion.