Privatisation in India | Meaning, Features & Objectives Privatisation Policy of 1991

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opic Suggestions (Privatisation in India)

Privatisation in India | Meaning, Features & Objectives

Privatisation Policy of 1991 | Economic Reforms in India

Need and Causes of Privatisation in India

Forms of Privatisation (Ownership, Management, Contracting Out, Disinvestment)

Methods of Privatisation in India | Disinvestment Policy

Impact of Privatisation on Indian Economy | Positive & Negative

Privatisation in Public Sector Enterprises (PSUs) | Case Studies (Air India, VSNL, BSNL)

Criticism and Challenges of Privatisation Policy

Privatisation vs Liberalisation vs Globalisation (LPG Policy)

MCQs on Privatisation Policy | UGC NET, BPSC, UPSC, CUET, PGT Economics

📌 Explanation Outline
1. Meaning of Privatisation

Transfer of ownership, management, or control of public enterprises from government to private sector.

Aim: To improve efficiency, reduce fiscal burden, increase competitiveness.

2. Need / Causes

Inefficiency and losses in PSUs

High fiscal deficit

Pressure from IMF & World Bank (1991 reforms)

Need for global competitiveness

3. Methods of Privatisation in India

Disinvestment: Selling government stake in PSUs (partial/complete)

Public–Private Partnership (PPP): Joint operations

Outsourcing / Contracting out

Management Buyouts

4. Impact of Privatisation

Positive:

Improved efficiency and profitability

Reduction in government burden

Attracted foreign investment

Expansion of service sector (telecom, airlines, banking)

Negative:

Job losses in public sector

Monopoly of private players

Neglect of social objectives

Inequality between urban and rural sectors

5. Criticism & Challenges

Selling “family silver” of nation

Lack of transparency in disinvestment

Political opposition

📌 SEO-Friendly Description

This video explains the Privatisation Policy in India, its causes, methods, advantages, and disadvantages. It covers disinvestment, PPP, outsourcing, and the impact of privatisation on PSUs and the Indian economy. Designed for UGC NET, BPSC, UPSC Economics Optional, CUET PG, PGT Economics aspirants.

📌 SEO Tags + Hashtags (One Para – Copy–Paste Ready)

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