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Coal India limited and ONGC together will be constructing about 5,000 toilets in the schools during the next few years. As per the reports, the expenses will be met from their social security funds.
Both UPA and NDA governments took action to disinvest, dismantle and privatise the PSUs. But it is the same PSUs which had helped the government in all crises. Whenever there is any financial difficulty, the government took the cash balance of the PSUs. How many times this process has been repeated? But at the same time, the attack on PSUs continues. All know that it was the PSU banks which helped the government to minimise the damage of the 2008 recession in India. The PSUs are the hens laying the golden eggs. Don’t kill them for immediate benefit.