Should the public sector be privatized?

Hello everyone.

No doubt everyone wants a public sector job but according to my point of view there is a huge difference in public sector and privet sector, in public sector basically they have no fixed target, actually they have fixed target but no one is exactly responsible for failure in incomplete of target, for example a company name as HINDUSTAN PAPER CORPORATION this company is in the loss of almost 7,00,00,000 every year from 2008 to till 2014 but this company is still working so, that means no work pressure on the employes of public sector and also because they have fixed salary, but employes of private sector have a workload because if they do not do their work they may lose there job, so for overcoming on such types of problem I think private sector is far far better than public sector for both self and INDIA development.

Hi friends,

In my point of view, both public and private sectors playing an important role in the economic and social development of our country. But their approach differs. Private sectors are mainly concentrated on profit making where as public sectors are service oriented along with profit making.

All that we need to do is to adapt the quality of work, importance to customer service and technology from private sector organisations. In my point of view, privatization of public sector should not be done. If privatization takes place the trust and sense of belongingness of public which public sector has developed all these years will be in doubt.

Thank you.

Yes its true that privatisation is a need of hour. But the question is full or partial, according to my point of view partial. As our economy is a mixed economy, only privates and only public can't do well. As private banks were introduced to bring competetion in banking sector. In the same way it can be done with other sectors, keep it under Goverment's control upto a limit and further leave it on market forces, let them compete and exist. It will increase productivity, efficiency, cut costs, increase profits and provide better service.

Hello to everyone.

We all very well aware about Indian economy and I want to add some points we have two model one in communist and second capitalism. One is great example is China another is America.

Recent scenario clarified we are going towards capitalism. Capitalism supports to privatization. If we talk about poor people Chinese have free medical, free education with highest no.of institution and America also provides all these facility.

The problem of India is mixed economy bureaucracy and private can not walk together, so India should have to make a clear vision about policy.

On this blog who are support to privatization of public sectors give me the answer of this question: are you read the article of worse effect of privatization? One example bolivia the american state which suffer the very high hike in price of water delivery charge. After that you will think and give the answer.

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.

I don't think that public sector should be privatized because private sector main intention is profit making whereas public sector concentrates on services to the economy along with profit making.

Hi friends, our government runs because of public sector and if it is privatized then there will be no government in India. You all said that public sector people is so lazy and corrupting people.

Why should not we fight against corruption in India? Try to change our government. If public sector privatized then.

1) All our daily needs will become more expensive.

2) The people who are dreaming to work in the public sector their dreams get shattered.

3) The public sector worker will get pf, pensions etc, which will be useful for their future.

Hence, try to change India as a good working government.

Hi friends.

The need of time is to change yourself as with the technology. But our Indian PSU's are far away from the latest technology changes. So if both private and public sectors come forward to take it as a challenge the days are not far when we will become independent of more and more imports. This will also led to the control on prices in market and also development of economy.

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.