Introduction: Define privatisation and give context of privatisation in India. Body: Write the objectives, Benefits and concerns of privatisation in India. Conclusion: Conclude giving a way forward. Privatisation means transfer of firms from the Public to Private Sector through the transfer of ownership, management and control. India adopted a mixed economy model, where the Public… Continue reading [Answered] How far, in your opinion, privatisation has been able to achieve its intended objectives?
Tag: privatisation
Centre set to rejig privatisation process for non-strategic sectors
What is the News? The government of India is set to approve several changes in the privatisation process for companies in non-strategic sectors. Background Recently, the Government of India has released a new ‘Public Sector Enterprise Policy’. The policy classifies public sector commercial enterprises into strategic and non-strategic sectors. In the strategic sectors, there would… Continue reading Centre set to rejig privatisation process for non-strategic sectors
Will privatisation take off after the Air India sale?
Synopsis: Implications of the sale of Air India for the future of India’s public sector. Introduction Recently, the Tata Group emerged as the winning bidder for Air India, the debt-laden national carrier. Further, in this year’s Budget, the government unveiled a bold new disinvestment policy for even the strategic sectors. The government is also pursuing… Continue reading Will privatisation take off after the Air India sale?
India must keep the momentum of Air India’s privatization going
Synopsis: Adopting policies that boost the market valuations of state-run companies will help government to keep the disinvestment momentum. Introduction After the successful disinvestment in Air India, many want the government to build on this and carry out more strategic disinvestment, i.e., sell more government companies, to the private sector. But that is a very… Continue reading India must keep the momentum of Air India’s privatization going
Privatisation is far more difficult than consolidation
Synopsis: The government is looking to privatise the PSBs for strengthening the banking sector. But the Privatisation of PSBs is a complex one. Contents1 Introduction2 About the consolidation of Banks3 What powers does the government enjoy with PSBs?4 Is divestment of PSB can lead to Privatisation of PSB?5 What are the challenges in Privatising PSBs? Introduction… Continue reading Privatisation is far more difficult than consolidation
Privatisation of Air India – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 Why government took the decision to privatise Air India?3 What are the terms of the deal?4 The story of Air India’s privatisation and what led to its collapse?5 What is the global scenario?6 What are some post-privatisation challenges?7 What are the potential implications/impacts of the privatisation of Air India?8 What… Continue reading Privatisation of Air India – Explained, pointwise
Ordnance factories’ moment in history
Synopsis: Corporatization of OFB is the first step towards reforming it. India need to do much more. Contents1 Introduction2 How was the OFB corporatized? 3 What is the OFB corporatization plan?4 What are the issues with OFB?5 What can be done? Introduction Ordnance Factory Board (OFB) which started during the British era has ceased to exist… Continue reading Ordnance factories’ moment in history
Why India must strengthen its public sector
Synopsis: The sale of giants like BPCL, BEML or SCI would undermine India’s “Atmanirbhar” goal. Privatisation compromises India’s sovereignty and economic freedom, threatening its energy security and strategic postion. Contents1 Introduction2 How China’s state-owned industry is performing globally?3 What are the implications of privatizing India’s significant PSEs?4 What is the way forward? Introduction Today, 28%… Continue reading Why India must strengthen its public sector
