Pranam
I beg to differ; and the better service to the nation is costlier
application of overhead expenses, which Private-Public Ltd (no
undertakings) do not do; most of the services to this nation is done TATA
and Ambanis and others are not profit hungry, where the profit for hunger ,
is compensated by the taxes. But 90% of the products are  bought by people
like you from only the profit hungry. The quality is good; service is
prompt. Where there are complaints against the profit hungry managements
and franchisees, they are severed from the links. The Bosses had to be
arrested only when the commissions are not received properly, which does
not  happen; however , if any top brass really does the job, they will be
arrested through the agencies.  Apart from all these, all the Govt gifts
under the garb of welfare and continuous losses of such Navaratnas and the
rst, are written off only with the taxpayers' taxes paid. So those services
do not help in any manner as even losses do not result in the payment of
taxes; because headed by the bureaucracy, relevant depts cannot even be
enquired. In all respects these PSUs virtually help the vested interests.
KR IRS 17522

On Tue, 17 May 2022 at 12:01, Markendeya Yeddanapudi <
markandeya101...@gmail.com> wrote:

> Sir,
> Whatever the economic or other scholarship shown by thinkers,the fact
> remains that the PSUs gave vital service by bearing immediate monetary
> losses but by giving great service to the country.If they are dished away
> to the profit hungry merchants the vital services they are giving ends.The
> country will face the ultimate economic depression,several times larger
> than the one the world  faced in 1929.
> YM
>
> On Tue, May 17, 2022 at 11:42 AM Rajaram Krishnamurthy <
> keyarinc...@gmail.com> wrote:
>
>> Pranam
>>
>> PUBLIC AND SECTOR AND UNDERTAKINGS
>>
>> 1`    The concept evolved lacks the main back bone of the ARTICLES OF THE
>> ASSOCIATION AND THE MEMORANDUM OF THE ARTICLE. I t means stiching dress
>> according to the clothes. One was to live as GANDHI at TURBAN or IN INDIA
>> does matter.
>>
>> 2    PUBLIC has a connotation. Company law says that go public and sell
>> all the shares to the public and make them participate in your profits by
>> way of dividends. But it does denote that the public can share the loss
>> also so that the input if it cannot generate profit , loss of the input is
>> distributive. In other words, PUBLIC means that verbally a distributive
>> charity out of the CAPITOL buyt the revenue when shoots the COST , the
>> CAPITAL is eroded. Thus whereas the Private and firm does not want to share
>> the loss, cuts the cost of input to the barest minimum, where the cost of
>> production is a qualitative one, to compete the market, but frills are
>> removed. The public there a few individuals who made their inputs, avoids
>> with the conscious efforts to cut their salary, perks etc ; they deploy the
>> best brains and do not contribute to the local politics to enter through
>> the back doors. HAD THERE BEEN SUCH CAUTION IN THE LONG RUN, WHERE THE
>> PUBLIC WERE INVOLVED, NO PSU WOULD HAVE INCURRED THE LOSSES AS THE COST IS
>> ALWAYS LOWER THAN PONDERRED. So public means iyt is not my concern. Thus
>> going Public is to exploit the good going business for a small SECTOR, and
>> run away to the next PSU, once the well is dried. PUBLIC A FEW ARE LUCKIER
>> WHO WERE WHEN THE PASTURES WERE GREENER.
>>
>> 3      SECTOR MEANS THE QUALIFIED POTENTIAL TO RUN THAT ACTION TERRITORY
>> OR PRODUCT WISE. Though termed Public-sector, Public and sector are
>> distinct. Sector is to show the statistics the productivity and the
>> national product activity and hence controlled by the CIVIL SERVANTS who
>> does not know ABC of the knowhow under whom, the qualified do functions,
>> for the whims and fancies of the bosses who wants to extract income to0 be
>> spent over to the revenue nature of their needs, rather than the rotating
>> over the capital of the industry. AS LONG AS THE LUCK FAVOURS THE FOOLS SO
>> LONG THE FOOLS EXIST TO CHERISH THE LUCK. Sectarianism ended once the
>> market dried up.
>>
>> 4      UNDERTAKING has ramifications. It is a commitment , a promise, an
>> energy to contribute to welfare. BUT PUBLIC AND SECTORS ARE MISUNDERSTOOD.
>> Grandfathers of the AMBANIS were sitting in an old building under the fans
>> on the rickety chairs and did the business; but today the great hoodwinkers
>> do  it under the different cool atmospheres and styles. They screw the
>> staff and officers for their ends which they name as justified actions.
>> They toil for a few dollars more but the enhanced profits reach the
>> crocodiles safely. The cost is shot higher or lower by black money siphoned
>> off or stealing the public money. Business community of Virudhu nagar and
>> Gujarat are taught in their young age that one who does the business with
>> his own money is a fool. Now understand the Undertaking. Law kept the
>> public undertakings as 3rd party where the exploitations were generated
>> while where the exertions were generated to safeguard , were prosecuted by
>> the law so easily.
>>
>> 5     Politicians learnt it from the PSU. Public do exist only to rear
>> them to the top while investing stays low. The malais lies in the enacted
>> law. Rather I would say that LAWS ARE ENOUGH BUT EXECUTORS OF THE LAWS ARE
>> EITHER CORRUPTED AS EXPLOITERS OR RENDERED HELPLESS AND HOMELESS TO DO THE
>> RIGHT THINGS BY BINDING THEIR hand, tied down by unseen chains and use then
>> as scape-goats. The honey pickers who tasted the drops on the back hands,
>> shall not allow the PSUs to function like PRIVATE-PUBLIC SECTORS WITHOUT
>> ANY UNDERTAKINGS. GOVT SHALL RULE; AWARD AND PUNISH. NOT TRADE THE CASH
>> THROUGHTHOSE PRIVATE -PSUs AND PSUs. Where the 3 limbs of the
>> administration is allowed to function independently, executives will be
>> promoted by merits and not by quotas; Judiciary shall not talk outside the
>> ambit of law; and the parliament assembly are citizens deniable their
>> illegal right and possessions as well as restricted in their stretch both
>> by the executives and the Judiciary. Where I Am Safe services prouts their
>> poisonous heads they poison the nation. THUS ALL THE ENVISES REMAIN AN
>> UTOPIA.
>> 6      Few years back there was a very big lady billionaire in USA who
>> controlled many trades across the USA Ms Martha; all people in USA are
>> frietend in upkeeping the law; those indians living in USA will drive slow
>> in the MALL till the pedestrians pass and speak slowly and politely; once
>> they come back, will drive the car hitting every one; at 3AM in the USA
>> roads where emptiness seen in the darkness, the car stops for the red
>> signal and pass of where as here the same Indian will flout. It is the
>> enforcement of the law and its  severity, That Martha was a huge taxpayer;
>> but time was bad for her; she holds huge shares in many fronts; but a small
>> fry she wany/ted to make money out of. Knowing that the company where she
>> had a small fry is going to close, sold it ahead and made a very small
>> fry-profit. And Lo, she is arrested for that and in a short time prosecuted
>> and inside the 4 walls today on a longer term. Here meny ambamnis and tatas
>> exploit and I am safe service retire through safely and JJ would rather die
>> than going to jail and that women will parade out of jail for shopping.
>> Hence PSUs are being sold out by BJP and opposed by the honey tasters.  KR
>> IRS  17522
>>
>> On Tue, 17 May 2022 at 06:51, Markendeya Yeddanapudi <
>> markandeya101...@gmail.com> wrote:
>>
>>>
>>>
>>> --
>>> *Mar**The Vital Role of the Public Sector Undertakings*
>>>
>>>
>>>
>>> Cost and Income are the two sides of a coin. Your cost is my income. In
>>> the case of profit making units the costs will be less and the incomes will
>>> be more. That deficiency is met by the loss sustaining units. If there are
>>> profit making units, there will be automatically loss making units. The
>>> loss making units render the vital service needed by a society. If profit
>>> or loss to the society as a result of the activities of a unit is also
>>> included in accounting, then in terms of the credit they get for the
>>> vital service they give, they turn into profit making units. The services
>>> they give are today not accounted for at all and they are scandalized as
>>> burdens to the society-the wonderful public sector undertakings of India.
>>>
>>> The Socialistic Pattern of Society envisaged the commanding heights to
>>> the public sector. Making a commercial profit was never the objective of
>>> those units. The objectives were missions and not commercial profit. They
>>> were not envisaged as parasitesthat make profit at the expense of the
>>> society.
>>>
>>> True to their mission they gave employment to large numbers of people.
>>> All those employees, with their families enabled the creation of
>>> schools,colleges,universities,institutions of learning, shopping
>>> bazaars,hospitals,workshops,professions like Doctors,Lawyers,Engineers
>>> etc.If these services they are giving are quantified and credited to their
>>> profit and loss accounts, they will be showing gigantic profit. The
>>> services of missionaries are not quantified as they cannot be quantified.
>>> It is like quantifying your Bhakthi for your God.
>>>
>>> The Public Sector undertakings created Modern India, not the profit
>>> hungry parasites.
>>>
>>> The PSUs are the breathing apparatus of the modern Indian Economy. The
>>> vital breathing they give is not accounted for at all.
>>>
>>> And they are to be handed over to the parasite private sector!!!!!
>>>
>>> The great depression of 1929 will be nothing compared to the abyss into
>>> which the death of the PSUs will bring about.
>>>
>>> YM
>>>
>>
>
> --
> *Mar*
>

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