Question

Which among these can be the
condition for the success of
privatisation? खाजगीकरणाच्या यशासाठी
यापैकी कोणती अट असू शकते?​

Answer 1

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.