"Privatisation means endorsing / assigning the ownership of a public property/business to a private

party."

Uses:

1)Development would be faster(due to competetion with the other private parties)

2)Innovative solutions (due to again competetion with the other private parties)
3)effective & time bound results
4)cost cuttings
5)improves quality in work
6)in turn more services to public are possible
7)increase the productivity
8)significant Growth in the business
9)controlled monitoring of public property gives public in turn good services

possible Losses

1)allways a threat to working staff.

2)as private parties try to extract work from minimum resources,downsizing is the common problem
3)un-employement increases
4)if the private party is inefficent, there is every possiblity of the business winding up.
5)more restrictions on many things
6)purely commercial in natrure and lacks ethical / human morales at times.

Other argument’s

1. Privatization is the implementation of a decision to sell companies owned by the State to private
individuals/ companies.
Benefits of privatization are making the erstwhile public sector commercial enterprise survive in
competitive markets through better efficiency, higher productivity, improved product quality and
customer service, and reduction of waste and leakages due to State ownership.
There are no limitations of privatization except that hitherto unproductive or less productive labor
would have learn afresh the art of servivng through hard work and excellence.

2. Privatisation does not work,proven fact,-money for shareholders only-profits-limited opportunities

for staff on low wages,when things go wrong-government are called in to bail out the supposed super
companies,-more money to the shareholders,-fatcats enormous wages,but no return to pay back what
they owe the state-[us].it is all about making profits.