IMPACT OF

PRIVATISATION,
LIBERALISATION
AND
GLOBALISATION
ON PUBLIC
SECTOR IN INDIA - BY AMAN BHARGAV
- ROLL NO. 41414988817
INTRODUCTION
PRIVATISATION
Privatisation is a fuzzy concept. It involves lots of ideas, policies and programmes.

In the broad sense of the term, privatisation is roll-back of the state in the lives
and activities of citizens and strengthening the role of markets.

In the narrow sense, privatisation is transfer of ownership from the public to the
private sector, or transfer of control over assets or activities as in the case of
privatization through leasing, where ownership is retained, leaving management
of assets and activity to private parties.
LIBERALISATION
Liberalisation means a process in which a country lifts
restrictions and regulations on some private individual
activities.

Most of the developed and developing countries have

pursued the path of liberalisation for the overall
economic development of the country.
GLOBALISATION
Globalisation means
integration of world economy
through free movement across
the national borders of the
countries..

In other words it is the process

of developing international
influence or starting operations
of business at international
scale.
PUBLIC SECTOR
The public sector is that portion of an economic system that is controlled
by national, state or provincial, and local governments.

In India the public sectors are Indian Railways, ONGC, BHEL, SAIL, NHAI,
NTPC etc.
OBJECTIVES
The objectives of my study is:
1. To analyse the concept of Liberalisation, Privatisation
and Globalisation.
2. To analyse the impact of LPG on Public sectors in
India.
RESEARCH METHODOLOGY

Research Design Sources Of Data

A research design refers to an overall strategy that one It means the sources from which a person collect his
choose to integrate the various different components of required data. It is of two types:
study.
1. Primary source.
The research design of my study will be - 2. Secondary source.

1. To know the impact of LPG on public sector in My project includes secondary sources of collecting
India. data.

2. After knowing the information, analysing or The sources are:

interpreting the data collected in the form of
tabular and graphical representation etc. 1. No. of Private and Public companies in 1990s.
2. No. of Private and Public companies in 2010.
 NO. OF COMPANIES IN INDIA

PRIVATE PUBLIC
YEAR
Primary Secondary Tertiary Primary Secondary Tertiary
sector Sector Sector sector Sector Sector

1990s 100 1500 250 720 3000 600

2010 10000 20000 50000 1000 1900 700

ANALYSIS FROM THE DATA
● As from the data we can see that there is a huge
increase in no. of private companies from 1991 to
2017.
● We can also that the no. of public enterprises
decreases at a high rate from 1991 to 2017.
● We can also that the companies are more in
secondary sector ( both private and public) in their
respective periods.
FINDINGS FROM THE
DATA
From the data we can see that there is a huge
impact of liberalisation, privatisation and
globalisation, i.e., LPG on public sector in India.

After the implementation of industrial policy in

1991 the multinational companies (MNCs)
become very liberal to enter into the Indian
market as a private enterprise due to removal of
lots of strict regulations and taxation policies.
CONCLUSION

At last, I would like to conclude after by saying that, LPG is good for the economic
development of the country as it provides employment, healthy business
competition, good international relationships among the countries.

But as we know everything arrived in this earth has both advantages and
disadvantages. And the dark side is that it affects the control of government over
the market of its nation badly. With deep pockets, MNCs have ability to operate
at low margins or even losses for long periods to secure the market share. But the
same is not possible for short businesses and public enterprises too.
THANK YOU