Should the public sector be privatized?

The motto of public sector banks will shift from social upliftment and development to making profits. The public sector banks have an important role in forming government policies. PPP will be better.

There is no need to privatize the public sector if we feel that it is our responsibility to protect it.

Hello, friends According to me Government sector is better than Private sector.

Government jobs are more secure as compared to Private jobs Whereas, In case of a Private job, There is no job security.

The workload on private employees is much more as compared to government employees and Private employees often have to work day and night with no fixed office timings in order to achieve their targets. Whereas, there are fixed working hours for government employees and they are not burdened targets.

It is better to privatised all the government sector unions. Because almost all the company is running in losses. Proper administration is not there in all those companies. And all the company not showing their real profit they are showing at loss. If it is privatised all company will run on profit, the debts of our country will be reduced and India would become a developed country. And increase their production and increase employment opportunities. And there is a chance of much new company starts in India and many employees. Since it is public all are not working sincerely if it is privatised all will work properly and India can move a step ahead. Jai Hind.

Hello friends.

In my opinion, industries should be nationalised in India. As you know, our government is engaged in the task of improving the national economy. This is possible only by the planned development of various industries and services so that each complements the other.

Therefore it becomes necessary for the government to control the channels of investment. It is for this reason that during the last few decades, the government of India has established a number of industrial undertakings like the steel plants and other heavy industries. The alternative to a planned economy is the domination of the financial sector by a handful of rich houses in the country. I am sure we all are aware of the evils of capitalism, we know how vested interests can manipulate the markets and prices. In this way, it twists the arms of the popularly elected Governments and thus prevents them from taking measures designed to uplift the masses. If the government is to be responsible to the people for their welfare, then the government has to control the levers of financial power. This is possible only if controls the larger industries. Hence, I convinced that investment in the public sector is a very sound step and we should not be discouraged by the initial setbacks. It is true that the initial cost of these ventures has been high and they have presented peculiar problems but they are bound to become a source of revenue and grand national assets in the years to come.

JAI HIND.

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.

Yes, I think privatizing the public sector could help the government as well as the unemployed youth of our nation because most of the prestigious jobs are the sole called govt jobs. If these jobs would be privatized more job would available to download youth who are ready to take up private jobs and work hard. Also, it will reduce the burden on the govt and hence will work better.

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.

According to my opinion, The Public sector does not need to be privatized as talking about the services of both sectors that no doubt private sectors are good in eyes of their customers for their services but think about the middle-class peoples who cannot able to afford the cost of services by private sectors. Let's see that the same services are also given by public sector but we are not gaining those services just only because of our negligence in gaining our right "Right to know". If we collectively find the alternatives solutions and take some steps and help the government then public sectors will be a far better than private sectors.

What the government could try to do (which would appease both camps), is make private companies, private structures etc. And own like 50.5% of it. That way, the company that does an important job, at the same time will not make India get bankrupt, and be a government service. Idk, you all probably know better :).