Role of PSUs in Economy and Governance
Competition is mere figment of imagination and only look good in books of economics
This is a subject , which works only in theory not on ground।
Give economist to run a government and he will ruin everything
because most of markets have price leaders and on oligopoly pattern।
only in commodity it seem to work but not because not demand side but supply side gets flooded periodically causing farmers to loose money।
This is where government is doing opposit instead giving minimum guarantee per acre।
PSUs are check and balance in their respective sectors to serve as benchmark in price and technology development ।
Here again we are doing opposite
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