In case you are
wondering why mega public sector undertakings continue to make losses and
bleed, here’s why: Mismanagement and total lack of accountability from top to
bottom in the leadership chain.
One of the classic examples of such
mismanagement and sorry state of affairs is Metals and Minerals Trading
Corporation of India Ltd (MMTC), one of India’ top exporters, highest foreign
exchange earner and largest public sector trading giant, which has been accorded
the status of a Five Star Export House by the Government of India.
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