Apropos the editorial "Lure of lucre" (August 29), it is not possible to put in place any system that pays or sacks for performance in public sector undertakings (PSUs) under the current hierarchical and seniority-based architecture. The government owns these companies, and, therefore, the chairpersons managing directors or executive directors (think United Bank) report to the mandarins in Delhi, who in turn report to their respective ministers. While ministers can suffer short tenures and, therefore, are subject to strict punishment in the event of underperformance, bureaucrats are not.
Rohan Soares Mumbai
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