Question

Which of the following is/are the conditions for privatization?A.political leader commitment B.freedom of entry of private sector firms C.consumer awareness about the benefits D.all​

Answer 1

Answer:

Government policy to promote private sector involvement may, therefore, ... the financial and administrative b~rden on the public sector ... As with all privatization objectives, 'such an.Governments take privatization stance to reduce its burden in terms of underutilization of resources, over and redundant employment, fiscal burden, financial crises, heavy losses and subsidies in order to improve and strengthen competition, public finances, funding to infrastructure, and quality and quantity.