Solution lies in the problem itself but it requires to be fixed. BSNL, Air India and several others are often in the lime-light but for State Trading Corporation (STC) appears to be daydreaming. There is no full time CMD for over three years and no full time director finance for over four years, a number of criminal and legal proceedings going on for recovering more than Rs 2,000 cr.It is always easy to blame the government as several senior officials working in CPSEs say that government should close it down while some others say that moves to close STC would hamper recovery process and completion of criminal proceedings.
Readers' Choice
Gujarat: A major reshuffle of IPS enacted
Ex IAS officer joins BJP; to be fielded against Harsimrat Badal
ECI rejects proposal to appoint Saunik as CS; extension for Kareer sought
Saunik top contender for Maha CS; Kareer to retire on March 31
Now ED raid in Punjab in guava orchard compensation scam
STC: What does govt want?
By IndianMandarins - 2020-01-06 10:22:00
Solution lies in the problem itself but it requires to be fixed. BSNL, Air India and several others are often in the lime-light but for State Trading Corporation (STC) appears to be daydreaming. There is no full time CMD for over three years and no full time director finance for over four years, a number of criminal and legal proceedings going on for recovering more than Rs 2,000 cr.
It is always easy to blame the government as several senior officials working in CPSEs say that government should close it down while some others say that moves to close STC would hamper recovery process and completion of criminal proceedings.
