Says A Govt Proposal That Is Being Touted As Only Viable Biz Model For The PSU

Gandhinagar: Only a viable business model, which includes stopping some of the unprofitable foreign operations immediately where huge sums have gone down the drain and progressively getting out of its other oil-and-gas explorations, can help Gujarat government’s premier PSU Gujarat State Petroleum Corporation (GSPC). Well-placed sources told TOI, a blueprint of the business model, discussed at a recent GSPC board meeting, is already under consideration at the “highest level”, and a final decision in the matter may be taken after the state assembly polls.