Should the public sector be privatized?

Public sectors shouldn't be privatized because the sectors like education, health, transport, Oil & Gas, are serving the poor people a lot. If these sectors are privatized the poor people cannot afford the prices of private sector.

And some say, public sector should be privatized as government is not efficient, and also, is embroiled in corruption in nearly every department, whether it education coalfields, sports, telecommunication, railways etc. And also many of these departments are under heavy losses.

As per my point of view, privatization is good because

1. As we talk about the education sector private institutes provide better vocational training and skills which are more valuable for the growth of the economy.

2. It should be free from political interference and help in increasing the GDP of a country. It generates more and more employment.

3. I f we take about that private company charging more price for better goods and services so for this I think in privatisation is increasing monopolistic competition as from this any firm or an individual is free to enter in the market and do a business or create more competition by selling there own differential product through this it increases the competition because of the competition is to increase the private sector companies also start providing better services in lower price.

4. In private companies the employees work more efficiently and effectively than in the public sector. Here we get jobs on the basis of technical and managerial skills we had or we are developing not only on the basis of degree or by using our source (jugaad) and all.

So WHEN NOT TO PRIVATIZED?

1. When there are high chances of monopolistic forming.
2. When profit motive can destroy an industry.
3. Where is too complex to make regulations.

WENT TO PRIVATIZED?


1. When proper regulations are made.
2. Where to create a pressure they can't increase the price up to the limit. (Gov. ).

Hello Friends,

As per the view of all my friends stated above, it is true that privatization of public sectors will lead in high prices for all things and ultimately middle class (common man) has to repay for it heavily.

As per my view, instead of making public sectors totally private, we should adopt the methodology of private sector that in public places. For eg: In Govt. hospitals there should be a keen watch on activities of the workers and doctors. Timelines and targets should be set for everyone. Regular feedbacks from patients should be taken. In this case it might be possible that sometimes public may also misuse the liberation. At that time the case should be verified and necessary actions must be taken.

The very basic thing of public sector that needs to be changed is the way they interact with the common man. If politeness is taught to every public sector employee most of the work will be simplified. Rudeness, irate, arrogance is the main symbol of public places, due to which most of the people prefer private hospitals etc. If this picture is changed, there are good hopes. Similarly, Govt. should start taking hold of private sector, as though they provide good facility, common man is deprived of all the facilities due to money.

India is a developing country. And if Govt. does not take necessary actions for solving basic needs of Indians, poor will remain poor and will have no chance for further development.

Afterall, Govt. of India levy's heavy taxes in all the sectors and thus is liable to provide good facilities as per the money paid by common man.

Equality, politeness, humble-service, co-operativeness are the things that needs to be nurtured for India to grow at faster rate.

The statement leads to a thinking that a public sector which is owned by the government body be privatized, which must never really happen if the economy and stability of a country be sustained. Instead, as everywhere, private players can chip into the business. This is what is happening in sectors that make a balanced, stabilized and profitable output. As far as banks are concerned, a public sector bank is and must be with a sole aim of servicing and helping the citizens of the country economically, profit being the second motto. But this is not the case with private banks whose motto is to make as much profit from the economy.

Recently there is a lot of discussion going on about privatizing railways. This must not be done at any cost just like how the government did for airways because the majority class of people traveling in railways has to be taken into consideration. Indian Railways is supposed to be the largest transporter across long distances for the middle and poor class. The advantage of bringing private competitors into the field is mostly to improve the quality of business with reduced rates. But as far as railways are concerned, bringing a third party only increases the burden on the people who use the service.

I encourage private parties playing on the field but not at the cost of handing over a government-owned system to a private machinery.

There are two ways to explain it.

First, it should be happening and second, it shouldn't be happening.

First thing if the public sector will be privatized.

Many employment opportunities will be created in every sector I think And that is enough to develop a country.

The Second thing is that if the public sector be privatized then the private company would increase his price value government cannot control its price we could take the example of jio/Airtel/vi company there are an increasing amount of recharge.

This is my point.

Hi each and everyone,

First of all why the Public sector should not to be privatized?

The absence of private sector in many departments makes the public sector so lazy. The people working in the public sector is as not so informative to the people as the people working in the private sector. The one and only reason for this fact is that mostly the one who works in the private sector is not an permanent one but the one who is in the public sector is so. It is the major reason which makes them more lazy.

The second thing is that the higher officials of the private sectors are more strict than than an public one because there are under the compulsion to finish the work at the fixed time and in the fixed manner. But the higher officials in the public sector due to political reasons and many there are not as strict as in the private sectors.

I have many reasons for why the public sector to be privatized. They are:

1. Private sectors avail the same facility as that of the public sector in the low cost.

2. Private sectors is more customer friendly than the Public sector.

3. Private sector finishes the job more faster than the Public sector.

4. Negligible amount of corruption in the Private sector. But the Public sector is full of corruption.

5. Private sector people fears on the customers. But the customers fears on the public sector.

We can come to the conclusion easily by seeing the following details:.

The public sector is for people but mostly the people is not preferring the public sector. The ticket fare of the Government express bus is higher than the Private Express bus. Though it is not safe the people prefer the Private Bank than the Government Bank because of the worst service of the Banker in the Government Bank. Likewise there are many reasons why public sector to be privatized.

The Private sector is more customer friendly than the Public sector. So the Public sector should be privatized for the best results.

The Private sector can bring Wealth and Prosperity to any of the nation.

Be corruptless.

Work for the nation.

Jai Hind.

Someone here posted about corruption in public sector. It doesn't mean that private sector is free from corruption scams like Satyam has costed a lot of people. So privatization is not panacea to all Problems, If That would be USA wouldn't have faced such a worst economical slowdown.

It makes me feel bad about converting public to private sectors. Not only in banks all other fields also facing these problems like schools, colleges, and hospitals etc. What have we achieved in making private sectors? We have to pay more money than the required for getting customer friendly environment. We have got a lot of talented people in Govt sectors but they are not properly used. It's the fault of management and government has to take necessary actions on those who don't do their duty properly. It makes no sense in just making everything Private from Public for not Managing the Resources properly and showing the loss percentage. If the Management is good and takes the responsibility all the problems will be solved.

Thanks.

Hello my friends.

I read all points mentioned above. Only one thought striking my mind that every one was saying that public sector employees are lazy, corrupt, inefficient so agreed to change public to private sector not thinking of our poor brothers and sister who would not be able to afford private sector services. In present scenario max youth is joining public sector (reason could be job security). So stop blaming others but put your best and change this mindset that government employees are lazy and inefficient.

And at the end I would only say that it is not the matter of private or public, it depends on person to person ethics. If you are a dedicated person towards your work you would work whether you are in public sector or in private sectors.

According to my opinion, The Public sector does not need to be privatized as talking about the services of both sectors that no doubt private sectors are good in eyes of their customers for their services but think about the middle-class peoples who cannot able to afford the cost of services by private sectors. Let's see that the same services are also given by public sector but we are not gaining those services just only because of our negligence in gaining our right "Right to know". If we collectively find the alternatives solutions and take some steps and help the government then public sectors will be a far better than private sectors.