We crafted turnaround of Air India, BSBL, Shipping Corp: Modi


New Delhi, Aug 15 (IANS): Prime Minister Narendra Modi on Monday said his government had managed not only to change people's mindsets towards state-run enterprises but also helped companies like Air India, BSNL and Shipping Corp to make operational profits.

"Air India was notorious for incurring losses. My government succeeded in bringing Air India back to a situation where it is logging operational profits," Modi said in his Independence Day address from the Red Fort.

"Public sector companies were always seen as ones that make losses and eventually close down. We changed this mindset. We managed to bring several public sector companies out of the woods," he said.

Taking another example, that of Bharat Sanchar Nigam Ltd (BSNL), Modi said: "Globally, when telecom companies were making profits, BSNL was in a deep pit. But under our government, this company has also managed to report operational profit."

He said that in the case of Shipping Corp of India, no one thought it could ever make profits.

  

Top Stories


Leave a Comment

Title: We crafted turnaround of Air India, BSBL, Shipping Corp: Modi



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.