ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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RAJASTHAN- Rumpus over Prohibition

 expected to co-ordinate all these activities, but it looks as though its own activities would require a large measure of co-ordination. The unwieldy nature of management with 25 chairmen of operating companies sitting on the board of the holding company is easy to visualise. Another danger in the setting up of such a large "parallel government" is that the holding company may start pursuing its own policies irrespective of the socio-economic policies of government. Public enterprises, unless they are bound by clear policy directives from the government, are likely to develop into private empires and the tendency will be to follow the path of the private sector rather than that of the government in power. This is more likely to be the case in future, as the top management of the public sector is being increasingly imported from the prjvate sector. It would be necessary therefore, to devise a mechanism by which the holding company will adopt and implement the larger and broader policies laid down by the government.

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