What the longevity of British India Corporation tells us about government lethargy
Some facts are stranger than fiction, especially when they are about zombie PSUs.
January 25, 2021 / 09:12 AM IST
Shortly after independence, Jawaharlal Nehru had a dream, a vision taken to near delirium by his daughter, Indira Gandhi.
They dreamt that, in free India, we would get our food from the Food Corporation of India, the food grown with fertilizer from the Fertilizer Corporation of India, stored in the godowns of the Food Corporation of India and seasoned with salt from Hindustan Salt. We, the citizens of this brave new India, would ride to work on bicycles made by the Cycle Corporation of India, or on scooters from Scooters India.