Explain the factors which affecting privatization in india
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privatization has a positive effect on the Indian economy. For starters, it helps in growing the economy even if it is not through the traditional means of the government being in control. Take the education sector, for example. Many parents prefer putting their children in private schools that offer way better quality of education that government schools. They are willing to may much higher fees so that their children can enjoy world-class education with global amenities and facilities. However, when you see the larger picture, there is a risk of short-term gains and lesser emphasis of the welfare of the society as a whole.
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There are number of factors that affect privatization in India which are related to the political factors, economic factors or and the working of public sector companies
Explanation:
- Privatization would create an enormous impact on the economy and revenues of the economy. Earlier the economy was going through debts and deficits and privatization would bring in more revenue in the system.
- Privatization would have positive impact on the economy and also improve the performance of a number of industries.
- But there are number of factors that affect the process of privatization in India and the most important of the lot is the political factors. The politicians would have their own motives to prevent privatization.
- The public sector companies would have their own problems with privatization. They would have a major task of removing the 'surplus' workers. Secondly the companies would not benefit from privatization since they would lose their dividends
To know more about privatization in India
Progress of Privatization and globalization in India
https://brainly.in/question/7380019
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