Which among these can be the
condition for the success of
privatisation? खाजगीकरणाच्या यशासाठी
यापैकी कोणती अट असू शकते?
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Answer:
DEFINITION Privatisation means transfer of ownership and /management of an enterprise from the public sector to private sector.
Explanation:
It also means the withdrawal of the state from an industry or sector, partially or fully. Another dimension of privatisation is opening up of an industry that has been reserved for the public sector to private sector.
CONDITIONS FOR PRIVATISATION Liberalization and deregulation of an economy is prerequisite if the privatisation to take place. Capital markets should be sufficiently developed to be able to absorb the disinvested public sector shares.
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