Emergic: Rajesh Jain's Blog

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India Post

October 5th, 2006 · No Comments

WSJ writes:

India’s vast postal service, the world’s largest, highlights a little-understood feature of this nation’s economic transformation. While India often draws criticism for its failure to sell its vast network of state-owned companies, the government has quietly been opening many of its agencies to blistering competition from private-sector rivals.

But as India lets its public sector get squeezed, it faces a big dilemma: What to do with these often huge and politically connected organizations during the painful transition period where they have to become competitive and profitable or extinct?

Tags: Emerging Markets

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