India Needs more PSUs, Not Fewer
Only the government can produce consumer goods for the lower income groups and the poor, which are utilitarian, cheap and durable. Corporate India will only produce high-value goods and services for the top 20%.
Only the government can produce consumer goods for the lower income groups and the poor, which are utilitarian, cheap and durable. Corporate India will only produce high-value goods and services for the top 20%. That is why only PSUs can help India deal with its demand crisis.
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