Should the public sector be privatized?

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.

In my opinion, the public sector shouldn't be privatised, if they get privatised many products will get high cost and there will not be more careful of the employee as compare to government Public sector.

There is less security of workers and employers as compare to govt sector.

In govt sectors working time is also limited and good salary than the private sector.

An employee may work without any stress and tension in public sector.

Whatever money will be earned by the company it will directly go for government This money can be helpful to our development and economy.

It should not be privatized because privatization would give ultimate sole power to the managing Head, and this would pressurize the employees too much extent.

In privatisation, authority comes into play. And moreover employees due to even their minor mistakes get might be sacked at the authority of Boss. And everybody might be aware of the motto:"Boss is always right", this comes into play. And to keep up your job you have to be loyal to your boss and are bound to take risky projects to show your expertise. And in doing so, sometimes you might end up losing your job.

Hello every one.

No matter what ever bank it is service is important the most hell banks in India
1. Andhrabank worst service they will make you cry.
2. Canara bank famous for its charges storage bank.
3. Central bank of India and Indian bank 0%support from bank officials first of all these banks has to be privatized remaining banks are ok SBI IS PROVIDING satisfactory service/ ICICI, HDFC, KOTAK, HSBC CITI are providing good service when it comes to axis bank some employees are head strong all in all Private sector is more customer friendly than the Public sector.

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.

Of course there is a need for public sector to protect the interest of the poor people. They aim at social welfare. Their aim will always be to promote welfare. But nowadays private firms are also promoting social welfare. They want customer satisfaction.

They can never only focus on profit. After all these days we can see how marketing factors involve social welfare. The government has taken good decisions. It has neither given the whole control to private sector nor to itself. So I support the policies our government has taken. The mixed economy is the best.

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.

Use according to me, public sectors must be privatized, becau6we you visit places like BBMP, water board, BESCOM etc. So GOVT employees ruling with a bribe, for an eg I am an Electrical contractor use to visit BESCOM offices in several places like going for office work without money like going hotel without money, what the hell man, even D group employ ll ask for bribe, if we convert these sectors as private then everything go fine. Because we can't change society now we can change the system, please all share your hands and thoughts on progress.

Thank you.

Hello everyone.

In favour of - public sector is good for all class of people. Just govt should take a note of d employers to how much extend they are working for people in less time and try to work efficiently for d customer. If there is no complain with the public sector than why to make it private.

In against of-there is more corruption in public sector. And they are not working in a efficient manner. If people will not work in a private company they will thrown out the company. So many of the public sector which are less efficient can be privatised.

From my point of view, yes public sector should be privatized. Because of public sector employees are very irritable, means they don't like to give time to others as well as responses are not very good. It is because of their attitude.

I would like to share my own experience, I went a public company to take interview for the certain project in one month back. Unbelievably I was waiting two and a half hour to met the concerned person. So this is the scenario of the public sector. But in the private sector, they well understood the value of time.