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Privatisation: Let's Playback before We Fast Forward


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The government’s decision to move from pseudo-privatisation to an actual sell-off, amounting to relinquishing of control, has triggered celebrations on the stock market. Shares of the four banks, assumed to be privatised immediately, hit upper circuits. Privatising chronically sick, money-guzzling public sector undertakings (PSUs) is, indeed, a good thing, especially in sectors where the government has no business being in business. A broad policy framework, classifying PSUs into strategic and non-strategic, preceded the decision to sell or close 151 non-strategic ones. But there is no clear roadmap of how this will be done and most information in the public domain is from ‘source’-based news reports.  ....

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Lateral Entry Is Fine. But What About Enhancing the IAS's Professional Competence?


Lateral Entry Is Fine. But What About Enhancing the IAS s Professional Competence?
The fatal failing of the Indian bureaucracy has been its low level of professional competence, because once a young civil servant joins the service, he is shuffled among various departments allowing him no time to acquire expertise in any field.
Enhancing the competence of IAS is required, but running it down does not help.
Certain facts may help us to assess the issue of lateral entry more objectively.
First, in the past too, experts were inducted at senior positions into the government without any advertisement. Many of them, such as Dr. Manmohan Singh, Bimal Jalan, Lovraj Kumar, Vijay Kelkar, Montek Ahluwalia, Rakesh Mohan, Jairam Ramesh and Arvind Subramanian, left a good impact and contributed to the governance substantially in senior positions. The fact that some of them later joined the ruling party and served as ministers did not invite criticism of their past contributio ....

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