Privatization is the process of transferring ownership of a business, enterprise, or public service from the public sector (a government) to the private sector (a citizen, group, or corporation). Forms : Sale of state-owned enterprises: The government sells all or part of a state-owned enterprise to private investors. Concession: The government grants a private company […]
Indian railways have been the lifeline of India’s growth story. Analyze the challenges, advantages, and disadvantages of its privatization. Bibek Debroy committee had recommended that the rail industry needs to be liberalized by allowing the entry of private operators to provide services. After the privatization of the Tejas Express, the government is planning to privatize
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