Should the public sector be privatized?

Private companies are run for profit. So, they charge higher prices for the facilities they provide. Many people cannot afford to pay these prices.

This is one reason why many people feel that the government should not give the task of providing public facilities completely to private companies.

The private sector provides a lot of facility then government because in present time condition of the private sector is better than the government sector.

Hello Friends,

From my points of view, we can't say directly that public sector should be privatized or not. The reason is if you compared it from private on the basis of money, public sector gives services on low prices and it is taken by all the citizen of India. But on the basis of facility, quality private sector comes upon public sector.

Public sector to private sector is a big loss to the nation of the people.

Because the reason is all profit or loss goes for private sectors or private companies, this is the direct loss of income to the government. And government always think welfare of the people and the society so once its get privatized companies will always think about how to make make money in this way product cost get increased but Indian people purchasing power is less to buy those product then what is the use of privatization or if the government sector converted to private sector so what is the service to the people this question is to the people who elected from the public.

According to me, privatisation of government sector is good a very good example for my work is the privatisation of Red Fort as you recently heard the news that the Bharat Dalmia group has adopted the Red Fort for 5 years under the scheme adopt a heritage one more thing about the privatisation is that the private sectors main motive is to earn profit and for getting more profit they work in a good manners in the case of government as it has a limited time and money works to do so it can't do every work in a proper manner the benefit of privatization is also is that that reduces the burden of the government.

Thanks.

In country like India which socio ethical country it should not happen, because privatization leads wider gap between rich and poor, rich becomes richer poor become poorer. India is a country with complex situation, when rich become richer and talents come forward.

Yes of course economy will improve, what what happens to HDI index India is country with larger poor population they need to come up in life if privatization happen this will never happen which in turn makes India a low rate income country, just analyse it in wider, don't just talk from what you see the situation in metropolitan cities, metropolitan cities contribute just 10 to 15% of population.

What public sector needs to do is adopt techniques employed by private companies in improving the output and quality of work. Privatisation leads to accumulation of wealth in few people's hands. What makes private sector better is in terms of its efficiency. If the same system of work can be applied in public sector our country will prosper.

Use according to me, public sectors must be privatized, becau6we you visit places like BBMP, water board, BESCOM etc. So GOVT employees ruling with a bribe, for an eg I am an Electrical contractor use to visit BESCOM offices in several places like going for office work without money like going hotel without money, what the hell man, even D group employ ll ask for bribe, if we convert these sectors as private then everything go fine. Because we can't change society now we can change the system, please all share your hands and thoughts on progress.

Thank you.

The public sector must be privatised. If we want the growth of our country then it's just to spread awareness among people of every scheme which is possible by doing this job.

Yes, by doing privatization of PSU Bank,

The New Management will work and think for the growth of the Banks and will change certain rules and terms of the function of the Banks, with the adoption of new technology and new products for digitization as public desire (particularly next generation) and in result It will definitely for the benefit of the Staff as the new benefits and perquisites will be offered to give best services to the customers for charges may be collected from the customers towards value-added services, further, the new management will take care that the lending of finance to the entrepreneurs will be safe and will not vanish as was happened in past.

The Banks will get funds by way of Bonds, equity and by way of other securities which at present is absent as the people understand that the PSU Bank is not at the level of Private Banks and there is a lot of understanding and misunderstanding.

So at the large point of view, it will be win situation for the staff by way of good facilities and good atmosphere and facilities, public by better services financiers and equity holders.