Should the public sector be privatized?

Yeah, it should be privatised. It absolutely helps in every sectors and will help the country to develop in every sector.

The discussion regarding privatisation of public sector is easy but very subjective complex issue why there is need for privations of public sector. It does not mean that by mere privatisation of public sector will create a miracle in terms of high turnover,high productivity, good customer satisfaction etc. However, the public sector will give a good result if following measures will be done:

1. The procedure matters in making decision for critical issues like private sector should be practical rather than on various complex formalities.

2. The work distribution among staff working in public sector should be balanced distribution according to their designation, qualifications, efficiency, salary, power etc.

3. Every concerned official should be held responsible/accountable for his performance.

4. The good policy/procedure of private sector if considers fit to any public sectors, then this should be followed, which will give good results.

So it can be concluded, if above points will be considered then there will be no need to privatise of public sector. But private sector will give example of public sector in good performance.

From my point of view, India is a mix economy &there is both public and private sector exist. In some of field which should be privatized such as electric distribution which was formally fully public sector thus a lot of issues were producing such as employees not doing well and there was a huge loss but when govt give responsibility of private sector such as Reliance then there will be a better results found and which decreases the losses of electricity. That's all so there are the lot of public sectors which extremely needed to privatize for better executed.

According to me, yes public sector to be privatized for extent but not fully in control with privatization.

Govt have to control it but investment should be done by private bankers.

In my opinion, If Public sector to be privatized in India then one thing will be partial for everyone, reservation not is more, which also reform the situation of discrimination between upper caste and lower caste.

Apart Form this, It will help to increase the number of jobs and brings transparency in order to hire capable associates in the departments.

It's good to see that many of us think about the our country India. I read the discussion which was left open, and I respect every point discussed over here, but I personally feel that if the Government of India goes for Partial Privatization in the sectors like Indian Railways, our railways system can grow much better then is is right now; full privatization will lead to monopoly of the private players in the market which will lead to hike in prices for the customers, we say 80% of India's GDP comes from the 20% customer then by privatizing we are neglecting those 20% customers or the citizens of India.

Let's go for the partial privatization or for the outsourcing of the product(s). As we all know the IRCTC is already been passed to Google to handle, Jindal steel is providing the best of the railways tracks.

If not Privatization, then we do have another option to increase the rail(s) for the cargo industry rather than increasing in the passenger. I'm not saying no to increase in train for passenger but after some period of time when the Railways get in to some good profits.

Hello friends,

The need for privatization is the functioning of the organisation and political interference in administration. The government has spoiled the working culture through trade union and privileges to certain people. Now the govt is not able to withdraw it such as maternity and parental leave of 8 months to ladies and 15 days for males. We have to contain the population explosion but the government is promoting the population growth.

The privileges to a certain class of people as a vote bank and they think that they are born to enjoy the benefits and not to work. For example if a driver works in private firm he is sincere and hardworking irrespective of timings. If the same person gets the job in government organisation his full attitude changes of started taking rules in hands and becomes lazy and fat bellied. There are so many examples. Compare road transport, telephones, schools and colleges etc.

But in every department too many private organisations should be allowed. Otherwise the services will only be commercial with poor quality. So healthy competition is a must in every field. Naturally our country will emerge as a super power. So hurry up in privileging with multiple competitors.

It is better to privatised all the government sector unions. Because almost all the company is running in losses. Proper administration is not there in all those companies. And all the company not showing their real profit they are showing at loss. If it is privatised all company will run on profit, the debts of our country will be reduced and India would become a developed country. And increase their production and increase employment opportunities. And there is a chance of much new company starts in India and many employees. Since it is public all are not working sincerely if it is privatised all will work properly and India can move a step ahead. Jai Hind.

I think that Public sectors shouldn't be privatised because it can lead to many wrong things:

1. There will be an effect on regional flavour and it may end regional focus.

2. There should be some target based work and in which employees should be attracted with some interesting incentives which will result in good efficiency.

3- Public sector banks are the backbone of our economy and if they will be converted into private organisation then it will affect our economy so badly. So that's why they shouldn't be privatised.

No, PSBs should not be privatised as it will harass Indian boosting economy.