Should the public sector be privatized?

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.

Why today Reliance Mukesh Ambani, kingfisher Vijay Mallya, Rajesh Exports etc. Became billionaires in a country where many people lack basic resources and die of hunger daily?

Privatization is a concept of exploiting middle class and poor people of India. They will suck the blood of the innocent like leeches. They are paid minimum wages and will be thrown out if they fail to perform at their later stages of life without providing any compensation.

From outside, people may feel like the private sector making profits. But it is at the cost of exploiting the innocent. Many people prefer to work in private sectors if they fail to get a job in PSU/Govt sector.

How are the working conditions of Reliance Oil Refineries or Jamshedpur Tata Steel plant or any private mining areas when compared to the government sector? No one cares about the worker even if he dies.

Unfortunately, The culture in PSUs is also getting degraded day by day. Public sectors reduced the recruitment of permanent workers. They also started exploiting the contract workers by giving fewer wages without any increments.

In a democratic country like India, people should realize that natural resources like oil, steel, coal etc are the assets of every individual in this nation. Ideally, the profits accrued by private PSU's should be distributed to the public in the form of dividends.

I would request the government not to privatize any PSU further. Rather try to adopt techniques to improve the working conditions which makes the employee more efficient. Govt should bring transparency and accountability in the systems. Every citizen should feel proud to be a part of a PSU employee.

The public sector should be privatized with some terms and condition should be followed and work with the suggestion of the public sector.

It is both good and bad for people of any country. For example, it provides more employment but not thinks so much about the employer's health and death.

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.

Public sector should not be Privatized.

The public sector is the government industries which instead of making money from the innocent people, it tries to serves for them voluntarily while many of the private industries main concern is making a profit. For this, they may exploit their workers or their product consumers. By Privatization so many people losses their jobs and also their dues salary remain under uncertainty which makes their lives miserable.

Instead of privatizing industries, if government Of India take control of a public sector like DRDO, ISRO then there will be no such problems will arise. It shows the govt of India has the best technologies at a reasonable cost which private one do not have.

So, govt have to make strict rules and regulations also for their sectors and make everyone to follow the same and hiring the capable ones.

Partial privatization of the public sector is the need of the hour.

With the increasing corruption and vanishing transparency, the private sector needs to be brought back to pious working. The entire focus of the private sectors is concentrated at profit. Because of this orientations, it is known to overlook the needs of its employees thus exploiting them. There is lack of insurance of health and assurity of increment. There is a constant fear of being wiped out during downsizing in this sector. Thus making it unfavorable to completely privatize the public sector.

There is no denial in the presence of flaws in the public sector as well but their idea of caring for those it is comprised of is what makes it the choice of the majority. It only needs to be disciplined which can be done by partial privatization as it is known the private sector is best at monitoring its working efficiently without any compromise.

No public sector should not be privatized. As in private sector jobs are not secured if the economy goes down private companies have the right to dismiss an employee but in public they cannot.

No, because,

1. In the private sector, there is no safety for their jobs. They can get dismissed at any time.
2. In the private sector, employees could not get pensions after their retirement.
3. The working hours will be high in the private sector and no proper security for them.

No, because in private sector jobs are not safe and they can dismiss the workers and employees at any time. In private organization employees could not get pensions after their retirement.

PSU should not be privatized because if government do so there will be no control over the prices in the market by government and private sector can increase prices as there is no psu as competitor to hold price. Rather than selling psu to private sector government should work to improve for the growth of psu.