Question

what are features of policy of privatisation with explanation of each

Answer 1

Privatization (also spelled privatisation) is the purchase of all outstanding shares of a publicly traded company by private investors, or the sale of a state-owned enterprise to private investors. In the case of a for-profit company, the shares are then no longer traded at a stock exchange, as the company became private through private equity; in the case the partial or full sale of a state-owned enterpriseto private owners shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationalization. The second such type of privatization is the demutualization of a mutual organization or cooperative in order to form a joint-stock company. Privatization may also refer to a government outsourcingservices or functions to private firms, for example, revenue collection, law enforcement, and prison management. The Economistmagazine introduced the term "privatization" (or "privatisation") during the 1930s when it covered Nazi Germany's economic policy.

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