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While the government seems to be applying a strategy of retreating its role in the economy, with its policy of privatization, it often makes me wonder If its role in the economic activities is taking new shape. Can its initiatives in digital payments, e commerce, be taken as new forms of PSUs? Think about it, social benefit and unwillingness of private sector, was the argument for the creation of large PSUs in 1950s, and so are they the arguments now.
While the government seems to be applying a strategy of retreating its role in the economy, with its policy of privatization, it often makes me wonder If its role in the economic activities is taking new shape. Can its initiatives in digital payments, e commerce, be taken as new forms of PSUs? Think about it, social benefit and unwillingness of private sector, was the argument for the creation of large PSUs in 1950s, and so are they the arguments now.