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Explain any two reasons for privatisation. - Economic Applications

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प्रश्न

Explain any two reasons for privatisation.

टीपा लिहा

उत्तर

The reasons for the privatisation are:

  1. Creation of Competitive Environment - It is argued that if the ownership of public sector enterprises is transferred to private sector, then the monopoly of public sector enterprises will come to an end. But in fact, it will create a competitive environment which is must for industrial development of a country. For example, we have allowed private sector to the insurance, electricity, telecommunication, etc. In these sectors, a competitive environment has been created which is proving a boom in increasing competitive strength and efficiency.
  2. Improvement in Managerial Efficiency - Privatisation is a means of improvement in managerial efficiency because the private sector is almost free from political interference. 
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Privatization of Public Enterprises
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: The State and Economic Development - QUESTIONS [पृष्ठ १६८]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 6 The State and Economic Development
QUESTIONS | Q 18. (b) | पृष्ठ १६८
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