Privatization of strategic assets: National security concerns

[LordOfTheUnderworlds]

That is not fact , that is just your opinion .

Why private companies like Tata , virgin , Aircel etc are bankrupt and closed ?
Should we privatise our army and government too ? Maybe then we will become super powa within 2 months ?

Fair enough I was generalizing. But that is the impression a visitor would get often that the staff is lazy, arrogant and overpaid unlike the posh lobbies of private entities where we are greeted by smart looking staff who looks like they have spent half of their bare minimum salary on makeup. Also so far communist/socialist countries end up on losing side against US/Western Europe.

 

[airtel]

Fair enough I was generalizing. But that is the impression a visitor would get often that the staff is lazy, arrogant and overpaid unlike the posh lobbies of private entities where we are greeted by smart looking staff who looks like they have spent half of their bare minimum salary on makeup.

So staff should be underpaid ? Should look Beautiful ? And should be removed after loosing his/her looks ?


What happen to All those efficient , humble and smart looking staffs of Aircel , Virgin , docomo etc ?
What they're doing now ?

Actually Indians care most about price and rest of the things are temporary ?
If BSNL start providing unlimited 4G internet in 100 rupees per month , people would care less about their customer services .

PS : I have never visited offices of jio so can't comment about their looks but their customer services are excellent according to me , but customer services of rest of the companies were horrible they used to deduct money from my account and used to start some useless caller-tunes

 

[Suryavanshi]

That is not fact , that is just your opinion

A very substansital opinion

Why private companies like Tata , virgin , Aircel etc are bankrupt and closed ?

Bazillion companies open and close everyday.

Should we privatise our army and government too ?

How do u even do that?

Maybe then we will become super powa within 2 months ?

Ayy mate maybe we should nationalize Tata, Reliance and Birla than we would definitely become superpower.

 

[Suryavanshi]

What happen to All those efficient , humble and smart looking staffs of Aircel , Virgin , docomo etc ?
What they're doing now ?

Wherever they are I can guarantee u they are not leeching off on Tax Payers money.

 

[airtel]

I want to attach few screenshot of newest pinaka deal signed with beml.
Reply

Wow comparison of trucks by no. Of wheels ?

Let's compare Tata Tiago and rolls Royce phantom , Both have 4 wheels so they are " equivalent " but Tata Tiago is many times cheaper

 

[LordOfTheUnderworlds]

How do u even do that?

Actually wasnt Indian army originally a 'private' army of British East India company! And also quite efficient. But personally I prefer present 'nationalized' army more.

 

[airtel]

Wherever they are I can guarantee u they are not leeching off on Tax Payers money.

Maybe you should increase your knowledge , all these companies providing their services from investments ( Indian and foreign ) and loans provided by mostly Indian banks .
When these companies became bankrupt all Those loans became NPA , and ultimately tax payers money is used for settlement and writing off Those NPAs

These are ultimately the biggest leachers of tax payers money .

The telecom crisis is an NPA problem

After interim relief for telecom, structural reforms must follow

wap.business-standard.com

 

[airtel]

A very substansital opinion

But still not a fact

Bazillion companies open and close everyday.

But banks have to face the consequences ?

How do u even do that?

Just like USA uses mercenaries and private military contractors .

Ayy mate maybe we should nationalize Tata, Reliance and Birla than we would definitely become superpower.

Government don't have the resources to buy their empires .

 

[Rohan Naik]

For free?

BSNL shares took nose dive since 2005. Sure they were making huge profit but in the absence of competition.
And yes BSNL never had a decent network one of the many reasons why people used to migrate to Different Brsnds.

4g was going to be launched in March but got dealyed due to Corona and now Chinese equipment.

BSNL - Bohat Sarey Nikamme Log

 

[Suryavanshi]

Maybe you should increase your knowledge , all these companies providing their services from investments ( Indian and foreign ) and loans provided by mostly Indian banks .

And who is responsible for generating profit for these companies ultimately they are lacking in their services that's why people began migrating from their service's as far back as 2005.
If BSNLs survival would have come at cost of Indias development. We would still be using 3g if Pvt companies hadn't entered the fray.

 

[Suryavanshi]

But banks have to face the consequences

Concequcnes?
Bank extracts every drop of blood to make up for their loss. A bank wouldn't survive if their loans aren't being paid.
Besides it's government job to analyze NPA and kill them while still salvageable

Just like USA uses mercenaries

U need to have a base for that which is provided by national army

Government don't have the resources to buy their empires

Hang the capitalists.

 

[airtel]

And who is responsible for generating profit for these companies ultimately they are lacking in their services that's why people began migrating from their service's as far back as 2005.
If BSNLs survival would have come at cost of Indias development. We would still be using 3g if Pvt companies hadn't entered the fray.

Socialism and profit can not go together .

On one hand government is promoting it's policies via PSUs on other hand expecting profit ?

When private companies were focused on profit making circles and " beautiful" underpaid staffs with layers of make-up by using infrastructure of BSNL at dirt cheap rates .

BSNL was busy in providing services in rural areas with older men .
They never allowed it's management to take bold decisions and behave like capitalists.

 

[airtel]

Concequcnes?
Bank extracts every drop of blood to make up for their loss

Only if you are a middle class Man .

7 Lakh Crore Bad Loans Written Off In Decade, 80% Of It In Last 5 Yrs: RBI Data

Often our Indian banks make news after a loan defaulter escapes from the country, at a time when the nation has witnessed many cases. An Indian Express report has revealed that the banks stepped up...

thelogicalindian.com

Concequcnes?
. A bank wouldn't survive if their loans aren't being paid.
Besides it's government job to analyze NPA and kill them while still salvageable

Did owners of dhfl, gitanjali jewellers, kingfisher airlines, anil ambani pay their loans ?

Government is even protecting private banks like yes bank by using taxpayer's money

 

[Suryavanshi]

Did owners of dhfl, gitanjali jewellers,
kingfisher airlines, anil ambani paid their loans ?

On who's watch did those guys escape.

I don't know about DHFL and Gitanjali but kingfisher is still being hunted and as for Anil Ambani he payed most of his debt.

Only if you are a middle class Man .

From the same article


Although, the banks claim that recovery measures continue even after loans are written off, not more than 15-20 per cent is recovered, said the Indian Express report.

 

[Abhay Rajput 02]

Wow comparison of trucks by no. Of wheels ?

Let's compare Tata Tiago and rolls Royce phantom , Both have 4 wheels so they are " equivalent " but Tata Tiago is many times cheaper

No i am not comparing . I am telling that if directly get tatra trucks from tatra rather than beml it would be cheaper. Tatra sold kits to beml after profit and then beml assembles trucks and add profit and then sell it to army. These are old trucks , tata can not only make better but cheaper trucks. There is nothing that these trucks offers that tata trucks cant offer. Maybe you should remember tatra scam .
Over 25 years, the Indian army bought 7000 trucks from the Czech Republic at roughly double the cost they are sold in their home country. General VK Singh's claim he was offered Rs 140 million to keep India buying Tatras would explain why this absurd state of affairs existed for as long as it do.

Tata Motors to deliver first lot of all terrain defence vehicles by December

The company has won Rs 900 crore order for over 1,200 all terrain '6 by 6' heavy mobility vehicles from the Defence Ministry to be delivered over next two years

www.google.com

Quote from the article -
The Army has been importing and assembling 6 by 6 and 8 by 8 vehicles from Czechoslovakia for last 20 years.
Compare to it tata trucks are really made in india not screwgiri.
Didnt excepted that comment from you

 

[airtel]

On who's watch did those guys escape.

I don't know about DHFL and Gitanjali but kingfisher is still being hunted and as for Anil Ambani he payed most of his debt.


From the same article


Although, the banks claim that recovery measures continue even after loans are written off, not more than 15-20 per cent is recovered, said the Indian Express report.

No they didn't pay whole amount ( principal + interest ) .

Most of such loans will be settled / written off by banks and it would just reduce NPA of banks but banks would not get their whole money .

If they could not recover their money till now then how they're supposed to recover it after settlement ?

 

[airtel]

No i am not comparing . I am telling that if directly get tatra trucks from tatra rather than beml it would be cheaper. Tatra sold kits to beml after profit and then beml assembles trucks and add profit and then sell it to army. These are old trucks , tata can not only make better but cheaper trucks. There is nothing that these trucks offers that tata trucks cant offer. Maybe you should remember tatra scam .
Over 25 years, the Indian army bought 7000 trucks from the Czech Republic at roughly double the cost they are sold in their home country. General VK Singh's claim he was offered Rs 140 million to keep India buying Tatras would explain why this absurd state of affairs existed for as long as it do.

Tata Motors to deliver first lot of all terrain defence vehicles by December

The company has won Rs 900 crore order for over 1,200 all terrain '6 by 6' heavy mobility vehicles from the Defence Ministry to be delivered over next two years

www.google.com

Quote from the article -
The Army has been importing and assembling 6 by 6 and 8 by 8 vehicles from Czechoslovakia for last 20 years.
Compare to it tata trucks are really made in india not screwgiri.
Didnt excepted that comment from you

Buying trucks from tatra is definitely a better idea than assembling them in beml plants .

But it is army Which has chosen tatra trucks instead of Tata trucks for whatever reasons , Maybe Tatra trucks are found to be more suitable for that particular terrain or it maybe a scam like you have mentioned .


Army is Also buying trucks of Tata based on it's requirements .


TATA is Also using engines from Cummins ( American company )



Transmission systems / gearbox of ZF Friedrichshafen ( German company ) . Suspensions by Hendrickson Inc ( American company ) , similarly most of the important parts .

but still you don't consider it screwdrivergiri ??

 

[airtel]

On who's watch did those guys escape.

I don't know about DHFL and Gitanjali but kingfisher is still being hunted and as for Anil Ambani he payed most of his debt.


From the same article


Although, the banks claim that recovery measures continue even after loans are written off, not more than 15-20 per cent is recovered, said the Indian Express report.

Here is what anil ambani has to pay to just 1 bank , almost every Indian bank ( public and private )has provided them loans .

Anil Ambani Owes Rs 12,800 Crores To Yes Bank, BJP MP Subhash Chandra Rs 8,400 Crores

The Anil Ambani Group reported NPAs worth ₹12,800 crores and 16 companies belonging to Subhash Chandra's Essel Group accounted for ₹8,400 crores worth of NPAs of Yes Bank.

thelogicalindian.com

Similarly DHFL IIFL Vodafone gitanjali jewellers kingfisher airlines etc have taken billions of dollars of loans Which they are not ready to repay .

Most of these loans would be written off / settled and banks ( public and private) would loose their money .

 

[warriorextreme]

I don't understand the love for BSNL, has anyone who loves BSNL actually gone to BSNL office to get some work done?

SBI gets a lot of flack but if you visit any SBI branch you will see them neck deep in people, no private sector bank gets that much footfall in a week which they get in a day, even I have bad experiences with SBI but BSNL is on another level. Nobody comes to office on time, no one knows what is going on even after working for decades in the same office, its almost as if they think they can outsource every technical work to private companies & then just get salary every month without doing even the tasks that they are supposed to do.

The assumption that you need a public telecom company for reach to rural areas for telecom is wrong & Reliance Infocomm did that with 2G & now Jio with 4G.

 

[LordOfTheUnderworlds]

Central staffers have no shield against early retirement: Go ..

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