privatization of public enterprises has generated much debate

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  • 8/3/2019 Privatization of Public Enterprises Has Generated Much Debate

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    Privatization of public enterprises has generated much debate; developing economies,

    which had previously opted for planning as a strategy and system for national socio-economic

    development.Privatization is no way related to corruption. It ll neither increase or decreases the

    corruption which growing rapidly day by day. And another thing to discuss is Government, we choose

    the Government, we vote for them, and when government is doing some mistake it means we have

    given them the chance to do the mistake because we have chosen them. Therefore one must alwaystake right in choosing the government which can reduce the corruption problem.

    Rate this: +2 -1

    Ms Khan said: (Wed, Oct 12, 2011 09:12:21 AM)

    Privatisation is not the solution of corruption in our country. The problem is the way our bearucracy

    and govt offices functions. They are not bound by any timeframe and deadline. If their job beacame

    result oriented with time frame and performance in a particular month that the problem will be

    sorted out. If certain deadlines are given and they have not mathced up the same their must be

    some deduction in their pay and perks. The competion should exists always which inspires a personto put his best. In private sector the companies and the employees compete with each other. They

    focus on ultimate goal and not on passing the time. If they will pass the time some other company

    will make merry and gain the profit. But we can privatise all the things since govt is not a profit

    making body. It is there to serve the people. So bit changes in the govt policy on fucntioning of

    govt offices can make a huge change in the whole scenario and lead us to corruption free India.

    Rate this: +4 -2

    Rajesh said: (Tue, Oct 11, 2011 08:27:49 AM)

    Privatization is not a correct solution. Everyone knows what is happened in 2G&3G in India?Corruption is not only depending on any organization, it dependents in person too.

    Rate this: +5 -0

    Ajit Sahoo said: (Tue, Oct 4, 2011 09:59:32 PM)

    No different between privatization and government but how to handle to one organization.

    Government is more exeprence than private owner. Private organization basically mode of profit

    making and some time misguiding to customer. Government organization not making profit they

    emphasis on there employee welfare and customer service.Privatization is not solution to make

    better way handle organization.For a organization always required better management.

    Rate this: +8 -3

    Ashish C said: (Wed, Sep 21, 2011 08:59:21 AM)

    Yehh... Privatization will put a check on corruption. More of it... it is a way of thinking of the

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    employees who work in a Government or a private concern. But lets not blame the employees who

    do this unethical act of taking bribes / unwarranted considerations..!! It is bcuz such employees

    nurtured or groomed in the wrong ways. The whole responsibility comes on the governing/

    controlling bodies. Controllers of Govt offices fail to influence ideologies of their employees on

    ethical lines like...creating a sense of sincere accountability and clean competition to achieve

    personal growth in professional life...!!! Employees see no scope of growth in their jobs so theybehave like that... The scenario is totally different in private jobs..!!

    Rate this: +7 -2

    Sumit Kapoor said: (Tue, Sep 20, 2011 11:20:05 PM)

    Having heard all the above comments, my perception is that ""Privatization will lead to Less

    Corruption" keeping in view the present situation of the country. There is no doubt that the main

    motive of the companies is PROFIT but at the same time we shouldn't forget that India has

    achieved at a lot in the field of IT Industry. INDIA is well known for its economy and at the same

    time India is well known for the corruption in Govt offices too. So, privatization is a pride to ourcountry.

    When people are getting more money and they know one simple funda"To earn more we have to

    work more" irrespective of "To earn more we have to take more (Bribe) ".

    These days in Privatization also, we are getting a lot of extra facilities so we need not to afraid that

    we will not get pensions and all. Moreover in private sectors one can change its taste ie if one wants

    to change a company he can, but in Govt sector one has to marry his job even though he doesn't

    love it. :).

    Rate this: +18 -2

    Tamil said: (Thu, Sep 15, 2011 01:03:43 AM)

    In my point of view privatization leads to corruption only. For eg: privatization in educational sector

    they give quality of education, facilities, everything;but money their will be more. So all of us need

    quality in everything;so for quality we turn back to privatization and that may lead some parents to

    get bribe for getting quality of education for their children. So by developing the quality in

    everything means both government as well as private sector only corruption reduced to be better.

    Rate this: +5 -11

    Mayuri said: (Thu, Sep 8, 2011 09:10:38 PM)

    According to me, in goverment sectors, emplyoers are not bound by strict rules and orders. They

    hardly have to work to meet with any deadlines. So they obviously take their jobs for granted. Now

    in such situation if a common man goes to a government office he has to bribe that person to get

    his job done. Because until and unless you bribe them they won't take you seriously. This is

    corruption which takes place at any level in the industry. In the private sector, employers are

    bound to strict rules and have to think twice before taking their work lightly. Here they don't have

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    job security so they have to keep on giving their best performance. Also at each level in a private

    sector people have to answer their seniors and also have to maintain good name of their company

    which will restrict them from doing anything wrong, because it will indirectly affect themselves. So

    obviously privatization will lead to decrease in corruption.

    Rate this: +45 -3

    Pankaj Virdi said: (Wed, Sep 7, 2011 04:33:30 AM)

    Privatization will lead to decrease in Corruption But then the private Companies will only

    concentrate on the area where profit is maximum .But Govt. Company provide services also where

    there is not much profit. For eg. Civil Hospitals are in villages also ,but if that department is

    privatized then the private Company will not concentrate on each village.

    Rate this: +10 -6

    Arti Rajput said: (Tue, Sep 6, 2011 12:32:00 AM)

    Privatization can result into less corruption as there are transparency at different levels of

    hierarchy, but keeping one thing sure that greed of owner of organisation does not come into

    picture. Owner of an organisation want to run the organisation for their own profits, they are least

    concerned with the social benefits until or unless they are forced by the government. In

    government sector social benefits are at the higher priority by legislation etc. But actually not

    followed as it should be. Many a times people don't perform their duties honestly, job assurety is

    of-course plus point of government sector but this make them treating it for-granted.

    In my point of view some strict policies and management should be enforced in a government

    sector some what like private sectors so as chances of corruption can be reduced.

    Rate this: +4 -3

    Rajesh Kumar said: (Thu, Sep 1, 2011 08:25:42 PM)

    Privatization completly will not reduce the corruption rather it would lead over the

    corruption.Because in greedy of money the owner of any organisation will perform his duty on their

    own way.He dont think about any rules and regulations.Every person working in the orgation will

    depend on the owner and he will be able to remove any worker without any difficulty in

    anytime.Thus this is a major drawback of privatization of any company that there is no any security

    of job in private sector.But on the other hand there is a security of job in governmentjob.Government pay their worker even after they are not able to do their work.Demerits in

    government job are that the worker did not perform their duty.So a strict rules should be applied

    for these things and this can be happens only it is taken under private sector.So it is better to

    handle any orgationation by both private and goernment for their well performance and reduction of

    corruption.

    Rate this: +9 -4

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    Shanu said: (Thu, Aug 25, 2011 10:11:02 AM)

    Privatization is certain sectors is inevitable as government agencies are not too efficient and

    plagued by various scam and scandals. But privatizing all and every sector can backfire for our

    economy as well as the human development index.

    After all the bottomline of all companies is maximizing PROFIT. Dominance of a company in a sector

    can result in its wielding a lot of power which can result in no regulation of prices of commodities

    and services as well as compromise on quality and quantity.

    In government run institutions corruption is at various levels but in private companies corruption

    would be at the highest level. In my opinion there isn't any difference.

    Thus privatization would result in a small section of society using the society as a medium to mint

    money rather than fulfilling its needs.

    Rate this: +6 -3

    Snreddy said: (Wed, Aug 24, 2011 10:04:32 PM)

    Although Privatization will ensure more efficiency and honesty in certain sectors. But, the profit

    motive of most organisations will counter-act the social aspects of the Public sector.

    Govt benefits like pension and no fire policy will be removed and private companies will not think

    twice about increasing prices or cutting corners to improve profit. The fear among employees in

    private companies and make them work better.

    Rate this: +1 -1

    Deb said: (Thu, Jul 21, 2011 10:17:26 AM)

    Indeed privatization will reduce corruption to certain extent again if and only if the regualtory

    bodies controlling it are orthodox. We make thousands of rules but what is the use if it is not

    followed. It all depends on the mentality of people which doesnt only come through education but

    through good practice and culture along with strict laws. For eg:"two people are walking on road,

    eating bananas and peeling out its skin and throwing on the way, despite of taking a look on the

    Dustbin borad just lying nearby.

    After doing this they say hey this is not America so don't bother just relax". What does that mean

    people are taking things granted because they are not dealt with strict laws. If the same happens in

    America, those two will be heavily penalized by traffic police in form of fine or imprisonment. "If thecrowd is enough conscious and literate this scenerio won't ocur at all. Use the dustbin when it has

    ben provided to you. So, both people (first) as well as goverment (second) has to change in their

    way else we should stay hopeless that's it. This just a small example.

    Rate this: +54 -6

    Koteswararao said: (Wed, Jul 20, 2011 02:34:56 PM)

    http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/http://void%280%29/
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    My suggestion is privatization is need fifty percentage another fifty percentage is government sector

    is need. Because only privatization is most properly community feeling and relation ship feeling

    making good result. In government sector notification is issued by government and qualifying

    person only selected. But in private sector recommendation persons only selected. So we are

    required fifty chances to private and government.

    Rate this: +3 -10

    Rachna Malodia said: (Mon, Jul 18, 2011 12:13:35 PM)

    I don't think the issue of bribe will get vanish. NO. Because the people working over their would

    remain same. The problem of bribe is present not only at the higher level but also at the lower

    level. Keeping everyone in control could be a difficult task.

    Facilities offered by the government like.

    1. Pension.

    2. Retirement benefits.

    3. Other perquisites.

    4. Job security.

    Would not be available in privatization.

    But yes JOB SECURITY is the main reason which bounds government worker to do their with

    loyality. They don't affaird of loosing their jobs. But that doesn't mean that privatization is the onlyoption left.

    What is require is the PROPER MANAGEMENT and punishing of the culprit employees.

    Rate this: +18 -5

    Tammanna said: (Sat, Jul 9, 2011 12:28:18 PM)

    According to me, privatization is not so important. Because For example, Private companies as well

    as government companies gives the security but in some private companies if the employees are

    working, then they get salary until they are working in that firm. One thing is that they get highsalary compare to government jobs and they are promote to a best position. But as we compare to

    government jobs then there we get pensions which we get after we are retired. And that is the

    main advantage where we feel secure when we are in our old age. So according to me I don't think

    that it is important that we should have only privatization but only is the thing that people should

    satisfied and they should get right jobs according to their capabilities.

    Rate this: +15 -10

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    Mohammad Rehan said: (Wed, Jun 29, 2011 12:06:00 PM)

    According to my opinion privatisation is not the last stage to fight against the corruption. I think all

    the national transaction, policy and expences should be transparent. I think public also shoulld be

    cognizant all affair of the country. We must have to make strong law against corruption and punish

    the corrupted people badly so that it could be example to the next.

    Rate this: +10 -2

    Devendra Negi said: (Wed, Jun 29, 2011 12:44:39 AM)

    According to my point of view privatization will lead less corruption becouse of time availabilty other

    employee have more time then pvt sect so the other employee use their mind to do other thing

    which lead to more corruption,and second one option job in a pvt sect employee can do two and

    three job in a day somwher full time and somwher part time there are no any boundation to do any

    no of job thus employee of pvt sect are busy to perform their job which option is not in govt sectore

    so govt sect employee can not utilise their time any where eccept their specialization its the fact ofencresing corruption from govt sect side......../

    Rate this: +5 -1

    Ashish said: (Wed, May 25, 2011 06:09:35 AM)

    Corruption is something, where person is using his/her office for personal benefit or malformed

    intention. This comes through grid or with other bad intention.

    Privatization, where employees are normally paid as per market rate and normally companies are

    taking care of other requirements. Privatization also have better management control, system andpractices. These all will help to curtail corruption, if not eliminate.

    Rate this: +3 -1

    Santosh Kumar said: (Tue, May 17, 2011 03:04:55 AM)

    Yes, according to me privatisation will lead to less corruption because if a sector is get privatised

    then it will compete with other sectors and try to be better. And if a person employed in private

    sector were caught in any offence will be immediately dismissed, so a employee have fear of that

    and this curb him to do offence. But on the other side in a government sector if a employee were

    caught in any offense then it take so many time to dismiss him. And a employee in pvt. Sector tryto improve thier efficiency for getting promotion in thier field. As we can see as an example of

    mumbai airport (privatised) remains clean but if you see kolkata airport (govt. ) is not well

    maintained as mumbai airport.

    Rate this: +37 -4

    Anurag said: (Wed, May 11, 2011 02:51:56 PM)

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    Yes of course privatisation is needed to curb the corruption because the private companies believe

    in performance more than anything. The PSU's really lack in performance because a lot of people

    (state, union authorities n finally the politicians) can interfere with the working and these people

    are not at all worried about performance, on the other hand private companies are controlled by a

    handful of highly skilled people which will never let down the company name at any cost soprivatisation is unavoidable.

    Also complete privatisation is not a solution because it will again form a parallel government with

    no one to watch them and again all the corruption and non performance will be induced in them.

    Rate this: +12 -3

    Aadya Yadav said: (Tue, May 10, 2011 12:45:30 PM)

    Privatization is not the means to curb/reduce corruption. Privatisation of certain sectors like

    Oil/petroleum manufacturing, power generation, education will lead to increase in the prices of dfinished goods. The country is already suffering from inflation and affording d basic amenities will b

    difficult for a major class of Indians. Instead of privatisation increased vigilance, supervision of

    documentation and auditing should be considered. In government sector, rules should be made

    stricter where an employee is responsible for answering his superiors and organisation in an

    element of doubt. Vigilance should be their on d assets possessed by each employee in government

    as well as private sectors.

    Rate this: +11 -4

    Chrissypinto said: (Mon, May 9, 2011 12:59:23 PM)

    Although Privatization will ensure more efficiency and honesty in certain sectors. But, the profit

    motive of most organisations will counter-act the social aspects of the Public sector.

    Govt benefits like pension and no fire policy will be removed and private companies will not think

    twice about increasing prices or cutting corners to improve profit.

    Also, there is a threat to homeland security as the public companies could get full access to

    sensitive areas like airports and power generation, if these civic facilities were in the hands of the

    foreign companies it could seriously jeopardize the safety of the country.

    Rate this: +9 -2

    Tejashree said: (Wed, May 4, 2011 01:33:10 PM)

    In my view complete privatization may not control corruption .... as one said its a two way process

    ...giving and taking. important resources like power and fuel cannot be given for privatization where

    the chances of misuse is grater but the partial privatization can be encouraged where it will check

    the govt agencies as well as govt will check the private agencies. apart from this right to

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    information should be given to the citizens where the both govt as well as the private agencies can

    check upon.

    Rate this: +7 -2

    Deepak said: (Wed, May 4, 2011 04:46:14 AM)

    More or less it seems that exixsting situation demands for privatisation but at the same time it also

    means GOVERNMENT FIRM is meant to be corrupted and no improvement can be recorded by any

    means. If it is so, goverment sector is more challengening area that to be auditted. And first and

    foremost thing is that. People work in government sector and same in private sector if they are

    corrupted they will find their way and to stop this the flexibility and responsibilties in weaker area

    need rigidity in governing laws. The same sort of procedure and responsibilty in private firm may

    beimplemented in government sector. It all all needs proper documentation, responsibility list and

    monitering cell. Anybody may be corrupted weather in government in private. Just supportive

    environment that encourage corruption to be removed. Then even in government sector degree of

    corruption may be reduced.

    Rate this: +4 -0

    Dheeraj Bajaj said: (Thu, Apr 28, 2011 03:16:28 PM)

    According to my point of view if there is a thinking that government officials are more corrupt than

    those in private sectors then this is not true.Corruption actually depends upon the thinking and

    mentality of any person.Privatization in some areas is useful because of the limitations and rules

    are defined under which the person works.They cant think of taking bribes.On the other hand

    private schools are bounded with some limitations in which they take huge fees.A below average

    student cannot afford that in this case government schools are helpful.Finally i want to say thatprivatization can curb corruption a bit if done at right places.

    Rate this: +2 -1

    Nilesh said: (Sat, Apr 23, 2011 02:00:55 PM)

    Why privatization? In my opinion, privatization can make some sort of difference as compared to

    that of government because in private companies every single person is responsible and

    accountable for the work they are doing. Private companies have to maintain their goodwill in the

    market so at least they will try to do a fair enough job.

    Rate this: +1 -0

    Vikas said: (Thu, Apr 21, 2011 11:45:57 AM)

    I would like to add something, privatization is not the complete solution for the development,

    private sector take the advantage of government laziness do their malpractices and generating

    economy of scale, but somehow it is better for country for developing their infrastructure rapidly,

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    pre-privatisation has done lot improvement in many sector like power, aviation.

    Rate this: +1 -1

    Trushit said: (Sat, Apr 16, 2011 02:16:18 AM)

    To say that privatization will curb corruption is a myth. Because there has to be some authority, like

    to issue licences and permits. This power can not be handed over to private companies as this can

    be misused for their own advantage. So complete privatization is not possible. For example, in 2G

    scam, telecom ministry was the licencing authority. Along with our former telecom minister A raja

    who is a government authority, there are many private companies executives who has been

    charged. Corruption is 2 way process. One person gives bribe and other one takes it. So problem is

    that private and government people create a web of nexuses. So corruption cant be checked by

    privatization. Rather it can only be checked be preventing ones own self from indulging in it.

    Rate this: +5 -1

    Trushit said: (Sat, Apr 16, 2011 01:47:38 AM)

    To say that privatization will curb corruption is a myth. Because there has to be some authority, like

    to issue licences and permits. This power can not be handed over to private companies as this can

    be misused for their own advantage. So complete privatization is not possible. For example, in 2G

    scam, telecom ministry was the licencing authority. Along with our former telecom minister A raja

    who is a government authority, there are many private companies executives who has been

    charged. Corruption is 2 way process. One person gives bribe and other one takes it. So problem is

    that private and government people create a web of nexuses. So corruption cant be checked by

    privatization. Rather it can only be checked be preventing ones own self from indulging in it.

    Rate this: +2 -2

    Ambasht Kumar said: (Sun, Apr 10, 2011 05:13:35 PM)

    In my opinion privatisation is not the tool to curb the corruption. It is the state of mind of people at

    such position who can curb the corruption. If it comes about removing corruption by privatision, it is

    not possible because every private organisation works on concept of making money and maximum

    profitisation. They don't mind the MONEY is coming in which way either by bribe or by any other

    illegal way.

    Moreover a person working with private organisation may also be envolved with corruption because

    if MONEY or any other facility will come as BRIBE to any one then, it is only the loyality and honestyof that person whether he should accept it or not,there it doesn't matter whether the person is

    Private employee or Govt. employee.........

    Rate this: +2 -1

    Shruti said: (Sun, Apr 10, 2011 12:03:38 AM)

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    I totally agree with the statement. There are some areas which desperately need private sector

    intervention. Commonwealth games, 2G spectrum scam, Adarsh society scam etc reveal the truth

    that how political leaders are misusing their position and power. If private sector enters in these

    areas, corruption can be reduced to a great extent. Because unlike the political leaders private

    companies can not take bribe as it will affect their reputation and they will do everything to keep

    their image clean.

    Rate this: +6 -1

    Ranjan Kumar Sinha said: (Thu, Mar 31, 2011 07:28:46 AM)

    Yeah, in my point of view privatization will totally change our soceity which will be benificial for us.

    Bacause in our country India every one want gov. Job because general people think that there

    would not be more burden of work and we can work freely and they want money easily and pay

    less attention towards his work. But in privet sector there is more dicipline and every worker give

    their 100%. Cruption originates in human mind due greed and thats kind of thiking is not possible

    in private sector. Our soceity can take more benefi adn every one would work with more attentionadn they would far from greed.

    Rate this: +4 -1

    Praveen said: (Tue, Mar 29, 2011 06:12:30 AM)

    Yes privatization will reduce the corruption. Why because

    1. There is no chance to the common man to exchange hands in this sector.

    2. Deaf neatly they have rules and regulations from subordinate to superiors.

    3. No hands of Politicians, Government and common man.4. People had lake of knowledge to know how to do their works with this sectors.

    Rate this: +1 -3

    Seenu said: (Thu, Mar 24, 2011 10:46:02 AM)

    In my point of view, Privatization is the thing that creates job opportunities, but not for all sectors,

    mainly the service sector has to concentrate more so that the privatization is not maintained, like

    eduction sector, while the education sector will partly privatized to get more quality of education.

    Rate this: +2 -1

    Renju said: (Wed, Mar 23, 2011 01:32:29 PM)

    It depends.Private institutions can't be blamed always.Because if a private institution has a well

    developed technology with it, it can enjoy economies of scale and thereby offer high quality

    products at a low cost.In this they may save people from corruption.

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    Rate this: +1 -1

    Jayesh Bhargava said: (Wed, Mar 16, 2011 02:19:16 PM)

    I won't think privatization would lead to less corruption because main motive of many privateinstitution is on profit maximization so due to this, instead of checking corruption,it would lead

    many private entrepreneur to indulge in many malpractices including corruption. No doubt private

    intervention would break the barrier of 'low standard of living' by generating more employment

    opportunity but still many of the activity should be cater by the non profit making institution i.e

    government ..

    Rate this: +1 -1

    Bikash said: (Tue, Mar 8, 2011 01:30:55 PM)

    The penurious condition of the country's economy has caused the persons with very less salary tobe bribed & scams to maintain proper family standards.

    the last but important is the lack of virtues which used to be the very important part of Indians.We

    are not aware towards the moral duties which we must follow.

    Rate this: +2 -1

    Arijit Bose said: (Sun, Mar 6, 2011 05:57:24 AM)

    First we should remember one thing very clearly that in any private or goverment sector

    corruptions is not there. Corruption is in the mind of peoples they are responsible for this we the

    people are responsible for this deases. Now we are shouting that corruption is the vital hinderencefor the country. We are so much self centered in this time that to get the work done we can do any

    thing. To get the success quickly we can take any shorcurt way thats why this growing up so much.

    We just forget about our moral values ethics every good thing we are forgotten. We need every

    thing in readymade form we don't have the patient that why this problem is takin so huge headec

    for every one. Every class of people are responsible this. So we have to find the solution.

    Rate this: +4 -2

    Anuja R. Shelke said: (Sat, Mar 5, 2011 12:45:16 PM)

    Yes, I think privatization is necessary in most of the government sectors, as we all know that our

    nation is suffering from the the corruption. All the people related to the privatization are focussed

    on the development of the whole system not only of themselves. So increase in privatization will

    definitely going make the nation.

    From developing one to the developed one.

    Rate this: +2 -2

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    Gaurav said: (Sat, Mar 5, 2011 08:13:00 AM)

    Privatisation is gud....but it should be in specific area only because where there gov. can take the

    dicision private sector can't e.g Hallate(GOv. hospital).

    so in some cases privatisation is fine.

    There is advantage is that private based activity emerged the quick result n less corrupt than gov.

    Rate this: +1 -1

    Chhavi said: (Fri, Mar 4, 2011 04:44:44 AM)

    Privatisation cannot be a panacea for corruption problem. It is not possible to privatise all the

    government sectors. But of course to an extent certain areas can be allowed for privatisation. We

    need to strike a balance between Private Public relationship to ensure smooth functinoning of our

    economy. The goverment should keep vigil on the functioning of the private firms and check any

    misappropriation of funds and money-laundering activities.

    Privatisation certainly leads to higher living standards by enhancing competition in market, but

    there can be some untoward fallouts as well. The only expedient being the profit motive can lead to

    consumer exploitation.

    Rate this: +2 -2

    Amulya said: (Tue, Feb 22, 2011 01:07:04 AM)

    Privatisation will increase the economy of our nation. And it will leads to less corruption.

    Rate this: +2 -1

    Vishal Patle said: (Sat, Jan 15, 2011 11:46:12 PM)

    privatization will not wholly curb the corrupton but it will definitely lead to less corruption.It inhibits

    the main factors which causes corruption that is Human greed ,poor economic status of the

    country,lack of awareness towards the moral duty.

    first, Corruption is act done by an employee for the benefit of his own.And this benefit is the

    consequence of the integral human behavior called "greed".People in power in spite of having a

    very good salary they have the venal attitude of fulfilling pockets of their owns.

    The penurious condition of the country's economy has caused the persons with very less salary to

    be bribed & scams to maintain proper family standards.

    the last but important is the lack of virtues which used to be the very important part of Indians.We

    are not aware towards the moral duties which we must follow.

    Rate this: +1 -1

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    Soumen Sarkar said: (Wed, Oct 20, 2010 10:46:03 PM)

    In private sector only a single person or a group of partners are owners. Government does not have

    much dealt with them. To earn more economy they are aware of the following points:.

    * they will look for skilled and talented person.

    * they will increase the quality of their product to sell in the market.

    * they maintain punctuality.

    * political background is least affected.

    Rate this: +5 -2

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