Question

Is Privatisation good or bad?

Answer 1

Privatization can end up being a sour note for the Government since it can drive the Government into further debt due to transparency in accountability and turn the sector from public service to a profit-oriented sector.

Also see:

• Objectives of Privatisation
• What Is the Difference Between Liberalisation and Privatisation?
• What Is the Impact of Liberalisation Privatisation and Globalisation on Business?
• What Led to LPG Reforms?

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