際際滷

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PRESENTED BY
ATUL GOPAHNE (19)
Transfer of government services or
assets to the private sector. State-owned assets
may be sold to private owners, or statutory
restrictions on competition between privately
and publicly owned enterprises may be lifted.
Services formerly provided by government may
be contracted out. The objective is often to
increase government efficiency; implementation
may affect government revenue either positively
or negatively.
1 According to the World Bank,
                Privatization is the transfer of state
  owned enterprises(SOEs) to the private sector by
  sale(full or partial) of going concern or by the sale of
  assets following their liquidation.

2 Investopedia ,
            The transfer of ownership of property or
  businesses from a government to a privately owned
  entity.
   Sale of enterprise.
   Lease of entity.
   Joint ventures.
   Public share offers.
   To reduce the burden on government.
   To strengthen competition and efficiency.
   To improve public finances.
   To fund infrastructure growth.
   Accountability to customers.
   To reduce unnecessary interference.
   More disciplined labor force.
   Ownership to the privileged one.
   Laborers would be at the mercy of the owner.
   Price and ignorance factors.
   Lack of social responsibility.
   Loss of the experienced managerial
    expertise.
Privatisation
   Airports.
        e.g.Delhi, Hydrabad, Mumbai ,..
   Aviation industry in India.
   The Mundra port in Gujarat, a private port, has
    become a highly efficient, well managed major
    port in just 10 years compared to kandla,
    Mumbai working as ports for more than 50
    years.
   ICICI,
             the country's largest private bank. ICICI
    is the country's second largest bank after only
    SBI. SBI has been in existence for more than 100
    years. ICICI Bank on the other hand has been
    around only for 12 odd years. ICICI Bank has
    revolutionized every aspect of banking be it
    commercial, retail, online banking etc. Be it
    credit cards, auto loans, home loans, insurance,
    ATM etc, ICICI and other private banks have
    revolutionized the banking sector, which has
    impacted our life to a great extent.
Privatisation

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Privatisation

  • 2. Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted. Services formerly provided by government may be contracted out. The objective is often to increase government efficiency; implementation may affect government revenue either positively or negatively.
  • 3. 1 According to the World Bank, Privatization is the transfer of state owned enterprises(SOEs) to the private sector by sale(full or partial) of going concern or by the sale of assets following their liquidation. 2 Investopedia , The transfer of ownership of property or businesses from a government to a privately owned entity.
  • 4. Sale of enterprise. Lease of entity. Joint ventures. Public share offers.
  • 5. To reduce the burden on government. To strengthen competition and efficiency. To improve public finances. To fund infrastructure growth. Accountability to customers. To reduce unnecessary interference. More disciplined labor force.
  • 6. Ownership to the privileged one. Laborers would be at the mercy of the owner. Price and ignorance factors. Lack of social responsibility. Loss of the experienced managerial expertise.
  • 8. Airports. e.g.Delhi, Hydrabad, Mumbai ,.. Aviation industry in India. The Mundra port in Gujarat, a private port, has become a highly efficient, well managed major port in just 10 years compared to kandla, Mumbai working as ports for more than 50 years.
  • 9. ICICI, the country's largest private bank. ICICI is the country's second largest bank after only SBI. SBI has been in existence for more than 100 years. ICICI Bank on the other hand has been around only for 12 odd years. ICICI Bank has revolutionized every aspect of banking be it commercial, retail, online banking etc. Be it credit cards, auto loans, home loans, insurance, ATM etc, ICICI and other private banks have revolutionized the banking sector, which has impacted our life to a great extent.