Geete: Need to empower PSUs

The government needs to empower the managements to take appropriate decision for growth of their organisation, said Minister of Heavy Industries and Public Enterprises, Anant Geete.

Inaugurating the International T&D Conclave at Elecrama 2016, critical of Chinese dumping, the minister said, “Some of our public sector enterprises are facing tough competition from Chinese manufacturers. There is pressure on BHEL, there is pressure on steel companies. The public sector can compete with China only when we empower their managements to take the appropriate decision for growth of their organisation.”