Should the public sector be privatized?

Dear friends,

I believe from my own view and from all investigation gathered, and from what you guys have just said, I could say unequivocally that privatization of public sector is best solution to the problem of Nigeria economy, the high rate of corruption would never allow the private sector to operate effectively, I know that the private sector is more costly, but we need to get best quality, at the right time to satisfy our needs, the private can do this under some hours because they will like to maintain that business relationship with their customers, but in public is not so.

Example: If you are feeling feverish and you go to public hospital, you must like up to 3-4 hours before you can see the doctor, but try that in private and see the way they will attend to you, very fast, another thing is the private believe on what you can offer as an individual, while public believes on god fathers, lastly, there are much nepotism, discrimination in public while private is not much, eg. Isoko will like to favour Isoko alone. I will rest my support private here.

Hi,

I think privatization should take place. The staffs in the pubic sectors are enjoying so many privileges and living a leisure life. Everybody knows the truth, there is no denial. Of course, it happens in all the government offices, but the way people are being treated by the pubic sector bank staffs are really pathetic particularly if they are illiterate. Even I have suffered a lot with the public sector banks. They will look at us like as we are worms. They will show their faces if we write a challan with some mistakes. There are some exceptions I agree, but 75 to 80% of the bank staffs are only like this. Everyone knows that. But it's not the case in private sector banks. They are very customer friendly and provides us their maximum help to complete our work. Yes, its true, privatization would impose so much pressure on the public sector bank staffs, but from the point of view of customers it's good. They will at least learn to treat people with some dignity. It's to my opinion through my experience and it's not my intention to hurt the bank employees.

Hello friends,

In my point of view public sectors should be privatised. Because,

1. The work efficiency of employees of private sector is much more high than that of public sector organisations.

2. Government Is trying to minimize the corruption. But it is just for a shouting. Practically too much corruption is there in public sector. But in private sector the organization is very much conscious about corruption. So it will be minimized.

3. The private organization are more eager to implement the advance technologies and trying to increase product value larger.

4. The employee who is loyal and efficient gets more scopes and rewards in private sector.

5. Private sector creates the environment such that the employ learning capacity improves, laziness of employ decreases. So private sector employ become more efficient than public sector. In public sector the good employs learn laziness and become less efficient.

6. Package of employee of skilled persons are too much in private sector.

7. Moreover for the same investment private sector earns more profit.

Well the straight answer would be a big NO.

Public sectors are known for selflessly serving society with no intention of profit generation, whereas it\'s just opposite in private sector.

Most of the public sector companies are loaded by the government for carrying out its social service schemes which eventually becomes the main cause of loss for company, but no problem being a PSU company this is your necessity to do social services, second thing is PSU's gives a sense of job security to their employees which no private organisations could ever give. Most of the private sector companies are fighting neck to neck to grab business as much as he can, with no proper time schedule of their employees. You can't expect job security in the private sector, once you reached your maturity age, you will be thrown out from your position to be replaced by someone younger energetic individual. Instead of Privatization government should look out for increasing efficiency of PSU's, only then we can expect a good future for this nation.

Respected All friends,

This is just a matter of discussion that which one is better. Public or Private. Should we privatise all public sectors of country like India. We all knows that there are always Pros and cons in each and every sector.

In my opinion we should not to change public into private. Rather think about eradication of existing cons of Public sector. We have to take step to rethink our mindset that we personally like to work in Public sector and want facility from Pvt sectors. This is only because our mind set is like getting a comfortable job. With good salary, working condition and less responsibility is key aim of our life.

Dear friends. Corruption is everywhere private or Public is not a matter of talk that corruption is more in Public sector. We observe that in day to day cases of Corruption is increasing in every sector. We should rather think about changing of our mind set and rather ourself to unite both sectors as a holistic view of PPP (Public private partnership) with all good things together.

Hi to all!

From my point of view rather to get the public converted to private the environment and the way of working should be like private. Today the people who are employed in the public sector have become lethargic as they take their duty for granted. Whereas, in the public sector there is nothing like discipline and creativity. So as per my opinion there should be strictness and target oriented as that in the private sector then only the economic growth will increase.

Further, people think that being in public sector there is no one who can kick them out from their job that is why they do whatever they want. Today the private sector is giving fruitful results just because the employees are always in fear of losing their job so for their own sake they try harder and harder to get established in that company.

So in conclusion, rather than privatization there is a need for proper and strict administration and the promotion should be on the basis of employee achievement and veterans rather than the number of year.

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.

According to me some public sectors should need to be privatized.

Because we all have an experience of the private services and the government services.

For example. If you talk about the healthcare which is a public sector.

And if we compare the conditions of a government hospital and a private hospital, we will definitely get a lots of differences between the services they are providing. etc

I don't know about the other cities but. Whenever I got the chance to read newspaper sometimes I see the news of such type like there is no machine for X-rays. etc. In the biggest government hospital in my city and people are obliged to go to the private clinics for those check ups.

Also I have an experience of doing training in a government industry where I see that according to the time schedule employees need to work for 8 hours but they make their own schedules and work only for 3 hours which is really bad.

That is why I am agreeing with that point, that some public sectors need to be privatized.

Hello, everyone.

My name is Lakshay Tomar and I am from Meerut, UP.

Firstly I tell what is privatization so it means selling more than 50% of the PSU stock and givinģ up ownership to private companies.

And according to me, it is an issue which has many merits and demerits.

If I talk about some merits of privatization that.

It increases the quality of service, they completed work in time, improve the economy of our country, and also reduces corruption, disciplined way of work so these are some merits of privatization.

Now if I talk about some demerits of privatization that in the private sector there is no safety of a job, they dismissed at any time, and it is not a great option in a country like India where prices is very important factor private companies may increase the price at any point in time. And the monopoly of private companies is the main demerits of privatization.

So according to me, the conclusion is that partial privatization of the public sector is the need of the hour.

Hi friends.

Private sector has its own advantage in terms of higher productivity, deliverable beyond expectation and usage of updated technology. We all needs this and which is quite justified.
But one simple question. Why do we need to privatize public sector for the same?

Why can't we make these resources available in the public sector which positively differentiates the private sector.

We need to start think on resource allocation rather than conversion.

I feel the below needs to be started immediately :-

1. Good talent hiring mechanism.

2. Procurement of better technologies.

3. Additional reward for employee on achieving the KRA.

4. Customer concentric work culture driven through leadership (Secretary or Chairman etc).

We want to protect the right of consumers by providing quality goods/services at affordable and reasonable rates and with an ease. So up-gradation of public sector with enhanced resources is a better option than conversion into private.