L.R.K. Krishnan
Government’s economic policy framework and agenda which is driving government owned enterprises to be divested of its ownership and transfer to private players or transferring the assets on build own transfer agreements is resulting in many business nuances associated with people management which is counter- productive and impacting corporate governance and progress of the enterprise. This study highlights the various gaps in the government policy and the positive and negative rub-offs of the strategy and its impact on business and performance. It also describes the flaws in the governance framework and the serious fall out on the people front in an organisation. The study is based on hard facts observed on the ground and scope for rectification in the future.