Was VSNL BJP's 2G?
Response to Purnima S Tripathi's article [ click on the headline for the Frontline feature ] F rom an editor's perspective, I see some loopholes in the writer's argument. First, it's a leftist viewpoint, which dictates that profit-making PSUs should not be divested. As per the point of view of an advocate of liberal market, however, government has no business being in the telecom trade; it must confine itself to social sectors. It further dictates that governments cannot sustain the vibrancy of a company in the long run, no matter how sound the fundamentals of the company are at the time of disinvestment. Second, when the writer says, "Industry experts... pointed out that the company was doing well... ," one wonders who these "experts" are, as none is quoted to that effect in the article. Prabir Purkayastha, whose views are explained in the next paragraph, appears to be the only person on whose views the article is based. And he cannot b...