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प्रश्न
Give two reasons for privatisation of public sector units in India.
Give three arguments in favour of privatisation of public sector enterprises.
Explain four reasons for the privatisation of Public Sector Undertakings.
उत्तर
Reasons for privatisation of public sector units in India.
- Most public sector enterprises have become an economic burden on the national economy as they suffered losses.
- Privatization promotes competition. And competition induces upgradation of modernisation, which are very essential for growth and development.
- Private enterprises undertake production activities to the satisfaction of their consumers. So consumers are benefited.
- To promote economic growth by encouraging innovation and entrepreneurship in formerly state-run sectors.
Notes
Students should refer to the answer according to their questions.
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संबंधित प्रश्न
The policy of converting public ownership of an asset to private ownership is ______.
What is Privatization?
Mention two important differences between Public Sector and Private Sector.
______ implies an introduction of private ownership in public sector enterprises.
Explain any two reasons for privatisation.
What is meant by the Privatisation of public sector industries?
Identify the reason for privatisation:
Define privatisation.
List three ways in which the government can undertake privatisation.
Citing reasons state the superiority of Public sector over privatization.
