Should the public sector be privatized?

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.

I think privatizing public sectors leads to monopoly and is not good for everyone, for instance the air line in my country is in the hands of the government hands but still citizens are not affording using the air line.

So privatization of public services will really bring even a high rate of poverty and unemployment since private sectors are motivated by profit so they will need highly educated people who can produce productive outputs.

No, if PSU got privatization, then who will take care of 90% population of India whose low balance or 0 balance account maintained by PSU bank, if they privatize then they also do class banking then who will take care of mass banking whic prevails in India.

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.

As per my opinion, the public sector should not be privatization become if we talk about the comparison between public and private company both are different both are work on the place. If talk about security and safety of job when any people doing hard work they have definitely deserve better and achieve anything,

Any organisation, private as well as public both are depending on good management and faithful leader. And in another hand talk about competition, both levels have competition its totally depending viewpoint of people.

Yes, because due to various Govt policies, PSUs in some sectors are not in full pace of development facing various issues like resource crunch, investment for expansion, market strategies, product development etc. On the other side due to privatization of PSUs, unemployability raise, monopoly of market, unilateral decision in crucial issues, threat of closure etc.

How a government which can not run a PSU effectively run a government? If PSUs having problems government should rectify them i.e the duty of government. If profit making is the issue why government selling shares of PSU's that making crores as profit. Trade unions and strikes are there in developed world also.

Monopoly of private sector will create bonded labour, high prices, unsafe working conditions, pure distribution of money etc. What is the gain for general public by sending black money to outside banks?

In my point of view, this has two sides. In public sectors people thinks that they are only hired for this post to come in the office and take money. They do not give importance to how much they did part of the job and they are less responsible for their job or anything.

But in private sectors, people are very much concern what they are doing and instead of this they are getting a good amount so they are very much sincere about their work.

In other hands, public sectors are for those people who are unable to pay a good amount to get any thing. They all have no capability to meet this. In our India, the numbers of this type of people are greater than others.

So I think public not to be privatized.

Our country is at developing stage. When we talk of privatisation, it not merely includes banks. The public sector cannot alone cater all the need and wants of a large number of consumer, in such a case they have to change to privatisation. For example, telecommunications. Moreover, privatisation and globalisation improve the standard of living. But at the same time, it is not advisable that all public sector should be privatised.

Yes, of course, in public sector so many people are lazy of their works and also corrupted, even in the small village people's are now corrupted what about urban Areas? Has No government changed all these? If the public sector allows strict rules to employees no problem we will go with otherwise India still developing. In order to privatise India make the charges constant which will be useful to all the classes.