We have transformed the PSU sector from loss-making to record profitability: PM Modi
Addressing the India Today Conclave 2024, PM Narendra Modi highlighted the transformation in the Public Sector Undertakings (PSUs) as a testament to the effective governance model of his government. He contrasted the previous state of PSUs, such as BSNL, MTNL, HAL, and LIC, which were struggling, with their current success stories. PM Modi emphasized BSNL's advancement in 5G technology, Air India's expansion, HAL's record manufacturing, and LIC's growing strength. He attributed this turnaround to the effective governance of his administration, resulting in PSUs yielding record returns and doubling their net profit. PM Modi emphasized the importance of prioritizing the nation's interests over personal agendas, contrasting it with the inefficiencies of those focused on personal gains.
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