Question

What are the objectives of privatisation?

Answer 1

The most common and important objectives of privatisation are:
(i) Improving the financial condition of the government.
(ii) Raising funds through disinvestment.
(iii) Reducing the workload of the public sector.
(iv) Increasing the efficiency of the government undertakings.
(v) Providing better goods and services to consumers.
(vi) Bringing healthy competition within an economy.
(vii) Making way for foreign direct investment (FDI).