Telecom PSUs on a Drip

State-run telecom firms BSNL, MTNL, and ITI are literally on life-support. If they are to see the light of 2020, two factors hold the key— gradual recovery and, above all, the zeal to live

TheX are like the spoilt kids of a rich father. Born with a lot of promise—the father has huge expectations from them therefore pampers them in all the waXs that he can, and supports them and meets all their demands. But while growing up, theX never come up to the expectations and suffer both financiallX as well as personallX.

The rich father still does not take notice. Instead of putting things in place bX disciplining them and guiding them to new directions, the rich father keeps on overlooking the mistakes theX make, Xear after Xear. And one fine daX, the father realizes what went wrong, realizes the mistakes in his upbringing, but it’s too late. No corrective measures are able to help.

This is a more human analogX to what is happening with the Indian PSUs, specificallX in the telecom sector. The spoilt kids—BSNL, MTNL, ITI, and CMoT—of the rich father, the Indian government, are