Privatization may not be essential for India's development as it can lead to increased inequality and reduced access to essential services for marginalized populations. Public ownership often ensures that social goals, such as health and education, are prioritized over profit, fostering inclusive growth. Additionally, the government can better address regional disparities and maintain control over strategic sectors, ensuring national interests are safeguarded. Ultimately, sustainable development may rely more on effective public governance than on privatization alone.
Discuss the context of privatization in the context of current
Discuss the context of privatization in the context of current
1991 is the year when indian goverment actually thought for privatization through its liberalization policy.
Privatization has both advantages and disadvantages. It can be better working as advantage but can be more hectic as disadvantage.
Blame Ghandi.
Osama J. A. R. Abu Shair has written: 'Privatization and development' -- subject(s): Privatization, Economic policy, Economic development
Privatization means shifting of public ownership to private or personal. Before privatization came into being in India...Everything was under government control. Every sector, every field was under public ownership. As time passed by the country started to grow..started to develop even more...and that was a load that was sort of getting heavier on the shoulders of our the then government. It was getting difficult for the Indian Government to handle and maintain the smooth functioning. Hence inorder to curb that the government allowed privatization to be started in India
T. T. Ram Mohan has written: 'Privatization in India' -- subject(s): Economic policy, Privatization 'Productivity and efficieny at public and private sector banks in India' -- subject(s): Banks and banking
G. Ganesh has written: 'Privatisation in India' -- subject(s): Privatization
Aftab Ismail has written: 'Private sector' -- subject(s): Privatization, Sustainable development
role of science in development of india
what are the reasons for the privatization in Pakistan