Question:
"Navratna Policy of the government has helped in improving the performance of Public Sector Undertakings in India."
"Navratna Policy of the government has helped in improving the performance of Public Sector Undertakings in India."
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The Navratna status allowed PSUs to grow without excessive government intervention.
Updated On: Feb 1, 2025
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Solution and Explanation
Agree: The Navratna Policy empowered selected PSUs by providing operational and financial autonomy, resulting in the following benefits:
Enhanced Efficiency: PSUs like NTPC and BHEL significantly improved their performance and profitability.
Increased Competitiveness: The autonomy allowed these PSUs to compete with private players and even expand internationally.
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