Back to Course

SS2: GOVERNMENT - 1ST TERM

0% Complete
0/0 Steps
  1. Electoral Process | Week 1
    5 Topics
    |
    1 Quiz
  2. Types of Electoral Process | Week 2
    5 Topics
    |
    1 Quiz
  3. Electoral Process Continues - Proportional, Representation, Repeated Ballot, Direct and Indirect Elections | Week 3
    5 Topics
    |
    1 Quiz
  4. Ballot Systems | Types of Voting | Week 4
    3 Topics
    |
    1 Quiz
  5. Organization of Election | Week 5
    4 Topics
    |
    1 Quiz
  6. Electoral Commission and Electoral Officers | Week 6
    4 Topics
    |
    1 Quiz
  7. Public Opinion and Mass Media | Week 7
    6 Topics
    |
    1 Quiz
  8. Civil Service | Week 8
    6 Topics
  9. Personnel Administration in the Civil Service | Week 9
    5 Topics
    |
    1 Quiz
  10. Public Corporation | Week 10
    9 Topics
  11. Commercialization, Privatization and Deregulation of Public Corporations | Week 11
    4 Topics
    |
    1 Quiz



Lesson Progress
0% Complete

Topic Content:

  • Meaning of Privatization
  • Reasons for Privatization of Public Enterprises
  • Merits of Privatization
  • Demerits of Privatization

What is Privatization?

Privatization is the transfer of government ownership rights of a public enterprise to private investors. This transfer may be wholly or partially.

The shares are transferred either through any of these strategies: Sales of Shares, Control or Management of State-owned Assets, Encouragement of Private Sector Involvement in Public Activities, Shifting of Decision Making or Enterprises Operation in Accordance with Market Conditions, etc.

Government Privatization Policy is a deliberate attempt to stimulate economic growth and efficiency, reduce political interference, and wastages and increase the tempo of private sector activity. The Bureau for Public Enterprises (BPE) handles and controls the Commercialization and Privatization of Public enterprises.

Reasons for Privatization of Public Enterprises:

 

You are viewing an excerpt of this Topic. Subscribe Now to get Full Access to ALL this Subject's Topics and Quizzes for this Term!

Click on the button "Subscribe Now" below for Full Access!

Subscribe Now

Note: If you have Already Subscribed and you are seeing this message, it means you are logged out. Please Log In using the Login Button Below to Carry on Studying!

Responses

Your email address will not be published. Required fields are marked *

error: Alert: Content selection is disabled!!