Question

Impact of privatization on indian economy

Answer 1

Answer:

Explanation:

Major impact of Privatisation on Indian Economy are as under: It frees the resources for a more productive utilisation. ... Privatization is overriding process to enhance productivity and competitiveness, as well as attracting foreign direct investment.

Answer 2

Answer:

Privatization may have a positive impact on a country's economic situation. Privatization should not be used to finance new government expenditures and pay off future debts. ... Major method of privatization is the sale of state-owned enterprises to private investors.