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Statement : Many public sector undertaking have been making losses for the past few years and the situation is equally bad in the current year. Courses of action : These loss-making public sector companies should immediately be closed down. The gover ?->(Show Answer!)
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1. Statement : Many public sector undertaking have been making losses for the past few years and the situation is equally bad in the current year. Courses of action : These loss-making public sector companies should immediately be closed down. The government should scout for potential buyers in the private sector to sell these companies to get back part of the investments made by the Government. All the employees of these companies should be retrenched with adequate compensation and the fixed assets may be put up for sale.





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