private sector Vs public sector

@abheek (17)
India
April 11, 2007 12:11pm CST
which one is better according to u all? i feel privatization is very important for a developed/developing country. privatization will also decrease corruption upto a limit. the main reason for US being a super power today is privatization...isnt it?
2 responses
gaurav2985
@gaurav2985 (42)
• India
12 Apr 07
agreed privitisation is imp but to privatise everything will nt be such a fancy idea at least in our country for now.. coz there are people who can`t afford the necessary facilities if the providers profit gets included in it and as far as corruption goes scam happens in companies also bt jst tat we always hear abt those happening in the government coz companies push them down to keep their image safe ...after all they dont want to crash on stock market ...
abheek
@abheek (17)
• India
13 Apr 07
ya exactly....privatization wont b an easy job...and obviously it cant be done at once. i meant that privatization was necessary...but it will take time.
gaurav2985
@gaurav2985 (42)
• India
13 Apr 07
n more so it is nt so tat it removes corruption alltogether???
abheek
@abheek (17)
• India
15 Apr 07
nah...it doesnt but atleast it limits corruption atleast dont u think that for US,a major reason for being a major power is privatization?
ruhiagrawal
@ruhiagrawal (105)
• India
11 Apr 07
my vote goes for privatization cos privatization provides all d essential ingredients for developement of any sector