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Privatization is the process of transferring the ownership of a business of a public sector to the private sector. In a broader sense, privatization refers to transfer of any government function to the private sector including governmental functions like revenue collection and law enforcement.
Divestment is said as the opposite of Investment. Investment means acquisition of certain assets; divestment means the release of assets. A business may be that a particular arm of its is not compatible with its core business and hence may decide to shelve or divest this business. Divestment may be done for various economic or social reasons.
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Why did privatization start in India?
Privatization means shifting of public ownership to private or personal. Before privatization came into being in India...Everything was under government control. Every sector, every field was under public ownership. As time passed by the country started to grow..started to develop even more...and that was a load that was sort of getting heavier on the shoulders of our the then government. It was getting difficult for the Indian Government to handle and maintain the smooth functioning. Hence inorder to curb that the government allowed privatization to be started in India
Discuss the relevance of privatization in the context of current economic environment of India?
Discuss the context of privatization in the context of current
Discuss the relevance of privatization in the context of current economic environment of India.?
Discuss the context of privatization in the context of current
When did privatization actually started in India?
1991 is the year when indian goverment actually thought for privatization through its liberalization policy.
Advantage and disadvantage of privatization in India?
Privatization has both advantages and disadvantages. It can be better working as advantage but can be more hectic as disadvantage.
What are the reason for privatization of insurance business in India?
Blame Ghandi.
What are the differences between pastoralist in India and Africa?
thir
What are the differences between Qatar and India?
What they're called.
Who was the first minister for divestment under NDA government?
In 1999, after the Vajpayee Government came to power in India under the umbrella of the National Democratic Alliance, Arun Jaitley was appointed Minister of State for Divestment, or Disinvestment, a new Ministry created for the first time.
What are similarities and differences between India's independence and America's independence?
yes it is
What were the differences between gupta India and han china?
the caste system
Is there equality and justice in our society?
There is still Caste System (social classes) in India and it puts differences between the people.
