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Electoral Process5 Topics1 Quiz
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Types of Electoral Process5 Topics1 Quiz
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Electoral Process Continues - Proportional, Representation, Repeated Ballot, Direct and Indirect Elections5 Topics1 Quiz
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Ballot Systems | Types of Voting3 Topics1 Quiz
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Organization of Election4 Topics1 Quiz
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Electoral Commission and Electoral Officers4 Topics1 Quiz
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Public Opinion and Mass Media6 Topics1 Quiz
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Civil Service6 Topics
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Personnel Administration in the Civil Service5 Topics1 Quiz
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Public Corporation9 Topics
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Commercialization, Privatization and Deregulation of Public Corporations4 Topics1 Quiz
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
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