Should the public sector be privatized?

Other sectors I do not know of much but mostly railways needs privatisation right now in India. It's not feasible for such a big and full of prospects industry is being wasted in such a shameful manner. It's such a service which never has been unused for a day! And yet has been running in dreadful losses from we do not know when! Indian economy in my opinion (which may be wrong too! I'm not perfect) can gain a lot from this industry. Yes there should be a controlling boards just like there is in telecom (i.e. TRAI) which will keep a bar over the prices so it won't be unreasonably high!

Hi friends.

The need of time is to change yourself as with the technology. But our Indian PSU's are far away from the latest technology changes. So if both private and public sectors come forward to take it as a challenge the days are not far when we will become independent of more and more imports. This will also led to the control on prices in market and also development of economy.

Hello everyone !

Privatization as it denotes is something which makes any organization or sector independent of government interference, liability and control. Given the recent trends where many governmental or public sector undertakings are not performing well or we may say. Are not in pink of their health. Were in the consideration of the government to privatize them. Although its obvious that a sense of competition always leads to the evolution of something better.

Likewise is the work ethics of most of the private organizations. But what I think, is, that losing the control over the organization only looking at its financial aspect, overlooking the organizations employees future over it, is not something worth risking. As it is understood private players has to award their share holders.

So the profit is the priority and they may end up cutting some corners, that is, the jobs and the main motive of public service is never achieved, and creating jobless population is something a developing economy shouldn't look up-to. Cost goes up, as a tax payer one has to pay tax to utilize governmental facilities but for the private facilities its extra besides the regular tax thereby increasing the burden.

Being a non governmental body it is not easy to held them accountable for any wrong doings. Full autonomy is a double edged sword in this context. Might work wonders or might ruin it all. Still many governmental organizations are partly privatized like 75:25 government to private or 51:49 and more but yes the government always has the upper hand in it so it alienates the apprehensions of all those privatization omens and the sense of security is always maintained.

Dear friends,

I believe from my own view and from all investigation gathered, and from what you guys have just said, I could say unequivocally that privatization of public sector is best solution to the problem of Nigeria economy, the high rate of corruption would never allow the private sector to operate effectively, I know that the private sector is more costly, but we need to get best quality, at the right time to satisfy our needs, the private can do this under some hours because they will like to maintain that business relationship with their customers, but in public is not so.

Example: If you are feeling feverish and you go to public hospital, you must like up to 3-4 hours before you can see the doctor, but try that in private and see the way they will attend to you, very fast, another thing is the private believe on what you can offer as an individual, while public believes on god fathers, lastly, there are much nepotism, discrimination in public while private is not much, eg. Isoko will like to favour Isoko alone. I will rest my support private here.

Hi, everybody.

Well we are all concern about the impact that may come after privatisation of the public sector for the economically weak families of our country. But if we change little of our mindset public sector will continue to exist and progress with better pace.

Firstly almost all public sector employees say no matter we work or not, our salaries will be credited at the end of every month. So almost zero output which led to the option to privatise public sector.

Secondly private sectors employed the best, likewise leaving nepotism and money power behind public sector too should employ young, dynamic, creative, and innovative employees.

If these are fulfilled we wouldn't need private sector and poor's would not suffer. So both govt and people have to change first.

In my view, public sector should be privatised the condition of India is worse and by this, we improve the and helps in reducing burden of government.

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

As far as my concern, privatization of the government sector will create more employment, taxes, and good culture of work as a private employee, you always fear losing your job if you are not working as per requirement, but there must be some stick rules and regulations so they can't be a law into themselves.

Hi to all!

From my point of view rather to get the public converted to private the environment and the way of working should be like private. Today the people who are employed in the public sector have become lethargic as they take their duty for granted. Whereas, in the public sector there is nothing like discipline and creativity. So as per my opinion there should be strictness and target oriented as that in the private sector then only the economic growth will increase.

Further, people think that being in public sector there is no one who can kick them out from their job that is why they do whatever they want. Today the private sector is giving fruitful results just because the employees are always in fear of losing their job so for their own sake they try harder and harder to get established in that company.

So in conclusion, rather than privatization there is a need for proper and strict administration and the promotion should be on the basis of employee achievement and veterans rather than the number of year.

We are all aware that Private Companies work Only for One Purpose i.e. PROFIT, Nothing Else, Railways is Asset of the Nation this is true that there are many challenges before Railways Poor Sanitation and Frequent Accidents are few of them. Yet These issues need to be addressed within Government Domain, Apart from being Lifeline of Nation, Railways is quite Sensitive even from the perspective of national security, What can be done is lot of other works can be Outsourced to other Private Players, so that Railways may focus on its core issues.