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Chapter: 12th Commerce : Chapter 20 : Business Environment : Liberalization, Privatization and Globalization

Impact of Privatization

Privatization has a positive impact on the financial growth by decreasing the deficits and debts.

Impact of Privatization

(a) Privatization has a positive impact on the financial growth by decreasing the deficits and debts.

(b) Increase in the efficiency of government undertakings.

(c) Provide better goods and services to the consumers.

(d) Making way for Foreign Direct Investment (FDI)

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12th Commerce : Chapter 20 : Business Environment : Liberalization, Privatization and Globalization : Impact of Privatization |

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