Privatization of the public-sector banks. is it the right time for this reform?
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Privatization means that all the industries are owned by the private businessmen and the government has no say in it
Explanation:
- While nationalization means that the government owns all the industries and banks
- In the present scenario, the privatization of industries means that the government will not interfere in the economic market
- But through nationalization, it will control the circulation of money
- learn more about privatization here:
Learn more about Privatization here:
What is privatisation?
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