Friday, Mar 29, 2024 | Last Update : 07:44 AM IST

  Business   Economy  27 Sep 2017  Govt's duty to support well-performing PSUs: Gadkari

Govt's duty to support well-performing PSUs: Gadkari

PTI
Published : Sep 27, 2017, 9:53 am IST
Updated : Sep 27, 2017, 9:53 am IST

Transport Minister says govt can also sack and offer voluntary retirement scheme to non-performing officers.

Union Transport Minister Nitin Gadkari. (Photo: File)
 Union Transport Minister Nitin Gadkari. (Photo: File)

New Delhi: Union minister Nitin Gadkari on Wednesday said it was the government's duty to support well- performing public sectors units, and "sack and offer voluntary retirement scheme (VRS)" to non-performing officers.

Adressing an event here, the minister said faster decision making process, good leadership, team work, transparency, and corruption free system are needed for the growth of any company.

He received a dividend cheque of Rs 42.13 crore from public sector firm WAPCOS Ltd CMD R K Gupta at the event.

"We have huge potential in infrastructure...

Organisations which are doing good, our duty is to support them and sack non-performing people, give them VRS," he said.

He appreciated WAPCOS's performance at a time when there is "not a very good impression about government companies".

The Union Water Resources Minister said the problem is that "files are moved around for years" and decisions are not taken.

He said the government accords the highest priority to infrastructure as the sector has a huge potential.

Noting that water problem is the major reason for migration of people from rural to urban areas, he pitched for mirco irrigation which can increase agriculture productivity.

Gadkari also released a book titled 'WAPCOS Discovering New Horizons' which documents the company's growth journey since its inception.

Union ministers Satya Pal Singh and Arjun Ram Meghwal were also present on the occasion.

Tags: nitin gadkari, transport minister, public sector undertakings, psus
Location: India, Delhi, New Delhi