Should the public sector be privatized?

Hello to everyone.

We all very well aware about Indian economy and I want to add some points we have two model one in communist and second capitalism. One is great example is China another is America.

Recent scenario clarified we are going towards capitalism. Capitalism supports to privatization. If we talk about poor people Chinese have free medical, free education with highest no.of institution and America also provides all these facility.

The problem of India is mixed economy bureaucracy and private can not walk together, so India should have to make a clear vision about policy.

Hello, friends. Myself Rohit. And I think all public sector should be privatized because in the private sectors we can get better facilities and we can believe on this fully. And if we are talking about public sector. First of all, I told you as a knowledge that public sector employees are corrupt. And we cannot believe on them.

You know what friends private sector is the cheapest but their facilities are very low and qualities are low and there are many examples as like if we are talking about schools. In the government school, their students always play and runs here and there. When teachers are into the classroom than students do something and the teacher always sleeps. There are not clearly. And if we are talking about private schools their teachers are punctual of timing. Students read properly. There are many extracurricular activities. As like game, dancing, swimming, swinging, singing or many things. So all of these students can choose their aims also. So I think private sector should be privatized.

Privatisation of PSUs Surely a boon for everyone, but a bane for the lower and middle class as well.

It's like get a subscription to watch ad-free. But, when things are in the government's control, watch it for no to little charge. So, ownership transfer is not an answer. Need to strike a balance between service quality, reach, and cost.

Gone are those days when Public sector employees/executives used to relax and work according to their whims and fancies. But today the scenario has changed. Most of the public sectors are competing with pvt sectors in a better way. Even the Executives pay packages are linked to their Performance. The PSU Industry has undergone a sea change after 1991.

I think public sector should be privatized because we don't need to give much explanation about it. We know the conditions of public sectors bribery, less working these are some agendas of public sectors. So, for betterment our country it should be done.

The public sector should not be privatized. It is not needed. Our government do its work correctly with no corruption. That only enough. It is my own opinion.

Hello friends,

I think private sectors provide good services with high prices and public sectors provide low services with low prices, here we have two options either improve efficiency.

Of public sector by providing them more job responsibility and put strict control on their work activities in order to that transparency and work efficiency will improved or second option is reduce the prices of private sector by controlling over the prices by government.

Hello friends.

A good topic that we are dealing every year. Privatization has many advantages and disadvantages also. We have to extract the advantages and apply it to the public sector. I'm mainly pointing out the services that are done by the PSU are worthwhile. For example corporate social responsibility.

The central govt must transfer the control of CPSE to respective states for better control and appoint IAS officers as finance controllers to better manage and increase profitability, the process of purchasing and marketing must be done directly with supplier and customers and avoid agents to curb corruption. Merging loss making PSU with profit making PSU can also reduce govt burden.

I know it sounds weird, but doing this will eventually cause companies to state terms and conditions, which is not correct and should be allowed. Looking at developed countries yes the service is great but once the government loses control then it is very difficult to make private company public.