Privatization will lead to Less Corruption

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133 comments Page 2 of 14.

Pallavi Maurya said:   6 years ago
Hello friends, firstly a very good evening to all of you. So here I want to put my ideas about.

"Privatization will lead to less corruption". So firstly I want to say actually for what meaning it stand for. ? Privatization is the transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector. As every coin have its two faces so it also has some pros &cons.

Pros:

*Employees of the private sector are given high salaries, so they are much oriented towards their work and less interested in corruption.

*Quick action of private sectors against bribery, so it develope fear in employees for a bribe.

*Private institute provide more facilities and care to the public as well as belongings because it belongs to them. It helps in securing the property, and other things.

*Most important thing is that mostly GDP depend on taxes paid by a private institution.

*Competitive spirit in the sector will enhance and it will lead to qualitative products and services.

So, at last, I want to say that corruption does not depend on whether it's private or government, it completely depends on the individual's attitude. But it is necessary to take a step forward for corruption-free India.

Thanks.
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Subhash said:   1 decade ago
Hi.

Privatization will lead to Less Corruption, In today's world there is nexus between private companies and corruption, Corruption comes from moral, social and economic factors and has nothing to do with Private companies. Every transaction of property has black money involved which has increased the prices to so much that common man cannot get decent housing.

However we have seen that privatization can help reduce corruption in some of the industries like Power sector, there is a cost associated with it as companies are not working for social causes and profitability is there objective.

Corruption cannot be eradicated completely by privatisation as we have seen corruption in allotting the telecom licenses in 2G and coal fields to private companies.

Corruption can be reduced by socio economic development and reducing the direct interactions of government to people. Automating most of the transactions so there is minimal chances of exceptions. Stern punishment for the people caught and time bound court cases to be completed.

I am optimistic that India will move away from corruption as people are fed up and some stern actions will come over the course of next couple of decades.
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J v sandeep said:   1 decade ago
Hello good afternoon my dear friends,

From the topic stated above 'does privatization lead to less corruption?'. I think definitely no. Because privatization only improves the efficiency when compared to that of public sector but cannot completely lead to abolish corruption in India.

Corruption came in India due to mindset in people, so it needs to be changed to overcome this issue. Even after becoming privatized sector, the corruption starts there also. So, we need to eliminate people's mindset and must encourage them not to give or take corruption and should make them aware about the effects of corruption.

Privatization does only make our works efficient and faster but not actually eliminate our global corruption. Therefore, to reduce it we must implement stringent laws over the victims who encourages it and make people aware over certain disadvantages which are caused by the corruption.

Thus, I finally conclude that we need not privatize our public sector to eliminate corruption indeed we can change certain rules and regulate laws by implementing stringent rules and aware the people over this issue to make our India a corruption free country.
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Vishal said:   7 years ago
Hello everyone.

Today's topic is privatization will lead to less corruption. I think am agree with this statement privatisation will lead less corruption in comparison with government sector because the job of the government sector are secured by the labour act while in the private sector they are easy to hire and fire the employees. I think privatization is not a good solution of this problem. The government should make a partnership with the private sector. (public-private partnership) basically what is privatization?

Privatization is public-private partnership in which the private and government companies come together and to do a project effectively.

Benefits of privatization:

1. Less corruption: because employees have fear to lose our jobs.

2. Improving the working system of all department/sectors.

3. Employees give better performance.

4. Follow rules and regulation properly.

I think corruption leads everywhere in government sectors as well as private sector. So the peoples are becoming aware to take the right initiative to reduce these type of corruption activities.

Thank you.
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Nikhil katad said:   7 years ago
Yes!

Of course, Privatization will lead to less corruption as we see in the private sector if you will don't give a proper service the other competitive companies will easily take over you and by giving better service than you and on those private sector employees there is a proper control to work well or to do well. Rather they only think throughtout the day to finish the target before deadline any how. On the other hand employees of public sector are better known that the common people's don't have choices exepct us, as they don't have the time limits of work if the work is more they just easily postpond their work on next day and leave on time and time after time they start to take a bribe because they don't have to answerable to anyone rather no one have control over them which should be.

But morally I think privatization is not the option it's a time to change people's mind regarding bribe because nowadays giving bribe is just a common thing and until when this mindset will change this Debate will be gone continue to do privatization or not!

Thank you!
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Saurav prasad said:   1 decade ago
I strongly believe that corruption is nothing to do with privatization.

Corruption is not all about taking money and doing things illegally.

Rather it is doing things against policy.

Privatization can only improve quality of service and hence leading to gain of customers confidence.

Pressurizing employees to stay late, working in shifts, help team, targets,

Buttering, taking ahead wrong people ahead, appraisals, etc are kind of private corruption in an organization.

Say if you privatize the irctc.com, it will definitely gonna help indians in many ways but on the other hand it will add more bugs to fare.

People can bear the best services at the cost of money. Recruitment process, reward process, support functionality will have a different measure.

Where private organizations are effective.

Corruption in privatization are much painful than any other forms that government official do.

The suggestion is to give regular trainings, feedback system and the system transparency, internal exams, promotional exams, to government officials.
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ASHISH KATARIYA said:   1 decade ago
As many of the above have mentioned, even I feel that Privatization is not the solution for reducing corruption.

In simple words, now the money need not be distributed to a huge chain, right from peon / watchman to the minister, Now it can directly be distributed between few people only.

But corruption, or in other words wrong or incorrect practices won't stop.

Privatization also, companies will invest money, and then once it comes to earning, then it like a downpour for them, (one time investment).

When politicians were involved, atleast the feared a bit, for the had next elections to play for, and they needed support. If privatization comes in, those who takeover, not all will be noble people.

Imagine, now we have atleast few scams, if Privatization is done we can have many RAJU'S and RADIAS and KALMADIS.

SO I feel, instead of complete privatization, if it is done by both political, private sector, and societies together, it would be better.
(10)

Ritesh kumar panda said:   1 decade ago
Good morning gentleman.

In the country like India, each and everybody wants a government service which leads to increase in the competition for PUS, and less peoples get attracted towards the private companies.

But the questions arises that what we are getting by entering into the services offered by our government and what we pay to the nation its only just one word CORRUPTION and CORRUPTION.

So we came across a new word known as privatization in which each and every work is under the supervision of private servant, who doesn't care for any others, therefore these type of establishment is useful by:

1. The first and foremost these establishment reduces the corruption rates which now becomes a social evil.

2. Reducing the overloads from the govt.

3. Helps the govt to think upon the huge alternatives available.

4. Improves the economy of the country.

5. If used in effective way it can ensure the success of the country.
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Kartikeya Sharma said:   1 decade ago
Privatization is no promise to decrease corruption in a developing country like ours. But what it does promise is convenience to the modern middle class Indian who is working his heart out day and night to provide his family with a good standard of living and a decent education at an added cost, no less. The robust ethical practices adopted by private companies to ensure proper growth makes sure of timely completion of any project (in which a government agency might take too much time due to negligence etc.).

Implementation of models like the Public-Private partnership (PPP) is a great step towards the privatization in important and time sensitive sectors like infrastructure.

As far as corruption is concerned, we can never rule out the possibility of its existence in tenders allocation and other initial stages but private participation would definitely reduce its effects in the overall development of the projects.
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Naresh Gaganaboina said:   1 decade ago
Hi Friends,

I believe privatization cannot be compared with corruption. Privatization will only lead to price hike of commodities in return rise in inflation. There are several government offices now wherein CCTV has been installed to track the culprits. It totally depends on powers the person is having. Every problem has its root & cause. Instead of converting the firms into privatized sector we need to give pressure on education system to include the a topic on politics though people don't find it interesting but at least people will come to know about the system. For eg : Passport office has been part privatized but after privatization fees for making passport has also been increased. One more thing adding to above, Government have to see to it that every policies introduced are implemented properly. This can be done by making a special community for keeping a track on policies implementation.

Thanks,
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