Benefits of Privatisation

Q. In 1991, the policy was adopted to improve the performance of public sectors companies in India.

1. liberalisation
2. privatisation
3. globalisation
4. disinvestment

Q. 'The Government of India has a plan to privatise a few government-owned companies in the next few years.'

Which of the following statements highlight(s) the impact of such a move?

1. It will improve the performance of other government-owned companies.
2. There will be an increase in the number of industrial units in the country.
3. The products of the privatised company will be available at lower prices and in better quality.
4. The government will lose the revenue from the privatised companies.