Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Friday, 21 December 2018

WE ARE MASTERS AT PUTTING OFF HARD DECISIONS !


Come – Meet – Tea  ?

------------------------

In Dec 1979 , I had defined the role of a Committee as follows :


An  anthropologist   discovered  existence   of  'Committees' during the Indus Valley civilization.

While digging at "mohenjo-daro", he  unearthed a room-full of chairs  and  cups of  tea  -  "Come-meet-tea" !


( Since then civilization  has made  great strides  in this  art  of doing nothing, by introducing coffee - it keeps you awake !)


===================================================

39 years later , I just came across the following validation of my postulate


Here is what that Parliamentary Panel did :


#   RECOMMENDED
     the Niti Aayog to formulate a policy to regulate and monitor the financial health of the
     country’s PSUs 

OBSERVED
    that while CPSUs in a few sectors like mining, power, steel and petroleum & natural gas
    continue to hold a dominant market position , most of their counterparts in other
    sectors have been continuously making losses over the years

CALLED FOR
    optimum utilisation of their assets to generate better earnings

OBSERVED
    that Air India functioned under a large debt burden which became unmanageable and
    increased to gigantic proportion year after year 


EXPRESSED
    the hope for completion of the disinvestment process early

DESIRED
    to know the fate of debts and liabilities on the disinvestment of Air India

CAUTIONED
    the government to analyse all the factors before taking any decision on the merger of
    two CPSUs 

#   OBSERVED
     that they will not be able to compete in the market  unless they are given the desired
     level of independence enjoyed by their counterparts in the private sector.




#   RECOMMENDED
     that the CPSUs' Board must be sufficiently empowered to take all strategic decisions

#   SAID
     accountability must be fixed for the Board or concerned ministry or department

#   RECOMMENDED
     that the government should work out a uniform definition or parameters of “ strategic “
     for their classification

#   RECOMMENDED
     that the performance of the subsidiaries of loss making state-owned firms should be
     thoroughly analyzed


=========================================================

After reading this , it is possible that someone may file an application under RTI Act for following details :

#  Number of government committees / panels ( Active and Passive )

#  Number of Members

#  Number of meetings held and ave no attending each meeting

#  TA / DA paid to the members

#   Ave time extensions granted as against ave specified tenures

#  No of reports submitted / yet to be submitted

=========================================================

Now , as far as NITI Aayog is concerned , it has been working on the question of SICK PSUs – and what to do with them – for quite some time and not likely to benefit much from the above-listed “ Observations / Recommendations “


It is also possible that the functionaries of NITI Aayog had opportunity to read :

FLOGGING A DYING HORSE    ………………[  28  Feb  1986  ]
================================================
21  Dec  2018








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