In general I understand the principle of the argument, that the government is not as driven as private sector because there is strong incentive structures in pr

In general I understand the principle of the argument, that the government is not as driven as private sector because there is strong incentive structures in private companies. But with some good management decent incentive structures in govt, it can also work. Case in point, the some of the Indian banks which were nationalized, the Indian railways(the largest rail network in the world), and in many Indian States govt. diary companies have worked decently well as well.