Question

The impact of privatization on indian society

Answer 1

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Almost everything in India was under the public sector until a few decades back. The scenario had been the same ever since the country’s independence in 1947. However, the public sector soon began to suffer losses in various fields and there was a shift to privatization. Public sector units have been serving the Indian public ever since their initiation post independence. However, they have their set of limitations. Keeping this in mind, many sectors in the country have been privatized. The impact of privatization in India has been a topic of constant debate.

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