Should the public sector be privatized?

Hello friends.

In my opinion the government Should promote the privatization but it should not be in all sector, because there are some sectors are present that can be affected by the privatization.

E.g. Defense ministry.

So here we can say that the privatization must be done in a limit no.of sector that may provides help to our life not affect to our country secrecy.

Privatization good because the public businesses might not have all the resources in running the business, so if It's been privatized there will be enough good and services through the introduction of more shares.

It should not be privatized because privatization would give ultimate sole power to the managing Head, and this would pressurize the employees too much extent.

In privatisation, authority comes into play. And moreover employees due to even their minor mistakes get might be sacked at the authority of Boss. And everybody might be aware of the motto:"Boss is always right", this comes into play. And to keep up your job you have to be loyal to your boss and are bound to take risky projects to show your expertise. And in doing so, sometimes you might end up losing your job.

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 :).

Yes, due to privatisation, people will get more facilities in all govt sector like railway govt school dispensaries etc. The private sector is more focused on own goals.

HELLO Friends I want to share my views with you. During independence all the powers are in government hands there are no such thing like private sectors even its quite difficult to open up a new private organization due to strict legal measures. But when public sectors privatized there was drastic change occurred in progress, development, innovation, competition, quality of products.

Like if we take an example of Indian banks before privatization, employees like women working there seem to be doing their own work like knitting etc. They were less interested in doing their work properly but after privatization huge change occurs they seem to be focussed in their job because of less security and competition. So to make our nation a developed from developing this could be a one method but also completely making all the public sectors privatized would also deviate from its goal. Because they more involved in money making processes.

And now some public sectors are doing well but in some sectors there is a need of change.

SO PUBLIC SECTORS SHOULD BE PRIVATIZED BUT UP TO SOME LIMIT.

Keeping the current scenario in mind the Psu's making profit should be left untouched on the other hand psu's which are dealing in a loss should have a public-private partnership so that it can reap the benefits of both work ethics of private and keeping social obligation in mind of the public sector.

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.

According to me, public sector to be privatised as an agreement with gov that salary and working system not diminish and criteria eligibility related to being.

Yes I agree with you you all, in Public sector Organizations workers have a fixed job and get a fixed salary. Also they having some allowances with it. The reason for Public sector should privatized because by having a few reasons such as lack of Skilled Management, improper Vision on Production and lack of quality I their work, without having a good vigilance network on their activities it leads to corruption.

By doing privatization we can have good trained employees we can utilized them in proper way, prevention of corruption and doing fair business and without having obstacles on decision making and implementation of new ideas. etc..