Question

What is Privatisation?
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Answer 1

✳️HeRe iS uR AnSWeR✳️

The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people is also called privatization.

Answer 2

in simple words privatization means transfer of ownership from public sector (or) government to the private sector. or in other words allowing private entities in businesses...

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