The last two questions are crucial today. With the huge investment in it, it is difficult to imagine a fast-growing economy without a far more efficient public sector, controlling, as it still does, the commanding heights of the economy . This would require a change in the culture of functioning. Certainly a few examples give reason for optimism after competition came in the form of Jet Airways, Indian Airlines has improved phenominally. The DD s election coverage last time was better than Star News , which revolutionised TV news.
Competition is a great teacher but much of public sector even now lacks it.
Again, there are few similar stories from the manufacturing sector.