Should the public sector be privatized?

No, it should not be privatised because government Works not only for profit perspective but also for social obligation. Every welfare schemes are implemented by government Banks in a better way and deal with mix standards of people.

According to me,

Public sector should not privatize. If all public sector would be privatized then rich will be richer and poor will be more poor. All public sector should be under government. And government should take a strong action to control public sector.

Nowadays our government is going on privatize all public.

Public sector privatisation is a big loss to People of Nation.

1. Services get worse.

2. Costs go up.

3. You can't hold private companies accountable.

4. Staffs are undermined.

5. It is risky and difficult to reverse.

6. Our Public profit goes to private companies.

7. Our Country goes in loss.

8. Any Company will think for its own profit.

No, the public sector should not fully privatise, it should public-private partnership basis i.e. PPP because it will also give better facilities and as it will base on PPP government is also involved in it. So, it will be the better solution for all.

No, it must not be privatised because it is the property of government and public. No-one have right to capture it for his sake. Private facilities are always expensive and special. But some public facilities are cheaper than private facilities. So, we should not privatise public facilities as private.

Yes and no. After reading many comments from others view. I feel both should be equally. Our India is still developing. Not only govt. Not only private. Both should work together. Every coin has two sides. We cannot ignore anyone.

We should not be blind to the global economy and to the typical Indian mentality of salaried employees. The Bank, the state and the economy shall grow only when it is privatized, else not. Glaring example is UTI Bank being now converted to Axis Bank. Why are people and government talking about privatization of PSU/govt? Undertakings and not the vice versa? Do you see the vice versa in Global Economy?
The answer is - NO.

Axis Bank today is nowhere comparable to erstwhile UTI Bank or even any Government banks of today. People and govt. Knows --- YOU CANT PREVENT PRIVATISATION, if you are actually thinking of the benefit of the nation. If you are ready to think selfishly about few thousands of govt. Employees at the cost of the nation, then the matter is otherwise. THERE CAN BE NO DEBATE. You can not debate to stifle the economy. Privatisation is sure to happen. Open challenge to all -- prevent it!

No, you can't.

I think the PSUs should be run on Public Private partnership Basis i.e.(PPP). Since we have entered in liberal economy by 1991, there is a strong need of quality services provided by the Enterprises. But unfortunately sometimes fully public owned firms can't do that due to their poor strategy and workability and hence govt incurs loss. So the solution that I think is PPP, by which the investment and administration policies would be handled by private body and Govt would play a monitoring role. By this, the job security of the employees would also be ensured.

Hi friends,

In my opinion converting of public to private is not a good suggestion. It effects a lot of poor peoples.

Comparing with private Govt works for the welfare of our people, and for social justice.

My dear friends,

In my point of view, the public sector should be privatized, because of not to be the job security, but to be like the 4s & 5s of the TPM rule. We should apply this by hook or cruck. We know government sector has a big platform for career building with finance and job satisfaction. But one thing should be remembered that privatization has its own potential to recover with a planned culture of motivation, communication, self-development, innovation, creativity &also various personal development by conducting various training programs as HR activity.

Thanking you all.