Should the public sector be privatized?

I think now the situation is changed. There is biometric attendance system is introduced in public sector institutions. And bribery can be effectively controlled vigilance. Privatization is not possible in some areas where govt's direct contribution is required.

As my point of view, a semi government PSU sectors are more beneficial rather than fully privatization. Except some defense, research PSU. Due to this type project the small attention of our government will provide on private sector activities and problem of jobs and other issue not create.

To some extent, there should be privatization of those undertakings that do not perform well in terms of revenue, profits. Losses, savings. In pub. Sector u/takings, salaries packages, allowances etc are low.

Hello every one.

No matter what ever bank it is service is important the most hell banks in India
1. Andhrabank worst service they will make you cry.
2. Canara bank famous for its charges storage bank.
3. Central bank of India and Indian bank 0%support from bank officials first of all these banks has to be privatized remaining banks are ok SBI IS PROVIDING satisfactory service/ ICICI, HDFC, KOTAK, HSBC CITI are providing good service when it comes to axis bank some employees are head strong all in all Private sector is more customer friendly than the Public sector.

The role of public sector in India is enormous. The private sector is born out of public sector. Any leading private sector company when they are starting they have a man from public sector working for them. They recognize the enormous experience the manager has do not write off public sector employees.

There are people who are as talented or may be more talented than private sector. Due to archaic systems the performance levels may be but low.

Core and strategic industries should never be privatized. Research organisation for advancement in technology and modification in every core sector to keep pace with new scenario should be established. Private healthcare facilities who write bad economic stories of its clients should be marginalized by dispersing and opening of public healthcare facilities within every five kilometer radius. Intake of one doctor and three nurses per thousand population should be done.

Moreover, medicine-making industries should be made public higher education should not be made a private product that sells with a price tag. Lastly, the considered disposable income drained by private hospitals and educational institutions can be wiped out by low salary and more employment of its people. In these ways we may maintain the public spirit of the constitution and freedom fighters.

Ajeet Kumar.

Hello, friends, I am Ajeet Kumar, I think public sector should be privatised, because in the public sector didn't work compare to the private sector.

No, Public sector banks can easily make a profit if they charge like private sector bank for each service and stop lending to public for govt scheme and social activities. If only secured loans are lended public sector bank can easily make huge profit. If all govt sponsored schemes are stopped they make huge profit. Now, SBI is shifting towards such a platform and we can see the difference from their performance soon.

We should do away with socialist mindsets. PSU's should be sold off before they come to a state when no private player will want to buy them. It will fetch government a hefty 2-4 Cr rupees government has no business doing business. It should rather use that money to expedite all it's development projects.

Yes, is good to have private and public sector in any economy of a country, you can kill public for private to take fully place or to kill private for public to take fully place. Talking about P & P, those need any establishment but needs innovation for them to grow for enhancement thing in that particular country.