“India’s first Prime minister described PSUs as Modern temples of – InterviewSolution

1.	“India’s first Prime minister described PSUs as Modern temples of India”. Why?
Answer» The first PM of India described PSUs as modern temples of India which is quite relevant. In the first five year plan, 5 central PSEs were established with an investment of Rs. 29 crores and since then PSUs have been playing a strategic role in the socio-economic development of India. Today, there are more than 250 CPSEs. Their total business is 25% of GDP and their share in export income is 8%. A total of 13.9 lakh persons are working in these PSUs.

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