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18th Edition of Nalco Lecture

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In his speech, Dr. Subramanian Swamy stressed that the Public Sectors of India have crucial role to play in shaping New India. He said: “The Public Sectors are important for the development of India and these sectors need to be encouraged to prosper. The PSUs should be given freedom to take decisions and operate in sync with the market dynamics.”He stressed that Public Sectors should move beyond profit making and should focus on the multi-dimensional objectives. There are certain sectors that can be explored and developed by Public Sectors only.PSUs also need to be ready to compete in terms of commercial principles, he added. “India should recognize the strength of the PSUs.” Dr. Swamy said. He also appreciated NALCO’s contribution,as an integrated business entity, towards Indian aluminium sector in particular and Indian Economy as a whole.
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