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Restructuring Prasar Bharati

by | Nov 24, 2005 | Online Journalism

When there is talk of restructuring a public institution by the government one is entitled to be apprehensive. It could be the beginning of privatisation initiatives. There is a news report that the government is planning on restructuring Doordarshan. The bottomline: “[For] expenditure of around Rs. 2,000 crore, Prasar Bharati just manages revenues of around […]

When there is talk of restructuring a public institution by the government one is entitled to be apprehensive. It could be the beginning of privatisation initiatives.
There is a news report that the government is planning on restructuring Doordarshan.
The bottomline: “[For] expenditure of around Rs. 2,000 crore, Prasar Bharati just manages revenues of around Rs. 800 crore.” Now that’s something you’d call a bad deal. In fact, any public expenditure is a bad deal. Everything is decided by the balance sheet in liberalised India.
So there some hints on the direction to be taken:
Prasar Bharati occupies lucrative government real estate across the country, which will be transferred to it, and that could be used to borrow money from banks and other institutions for the planned restructuring.

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