Privatisation in India

Privatisation in India PDF

Author: T.T. Ram Mohan

Publisher: Routledge

Published: 2013-01-11

Total Pages: 248

ISBN-13: 1134321686

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Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. One assumption underlying this programme is the dogma that public sector enterprises are doomed to inefficiency, and that competitive market forces can be relied on to make firms more efficient once they are privatised. But is this really true? Combining rigorous data analysis with case studies to provide a balanced evaluation of the process of deregulation and privatisation within the overall context of economic reforms, the author demonstrates, remarkably, that, contrary to the prevailing view, private sector firms do not outperform public sector firms across all sectors. He also shows that revenue-raising considerations have weighed more heavily with the government than efficiency objectives. Overall, this study of the reform process in India, with its unique longstanding mix of private and public sectors, will be of great interest to all those studying reform and transition worldwide.

Privatisation in India

Privatisation in India PDF

Author: Sudhir Naib

Publisher: Routledge

Published: 2022-01-13

Total Pages: 126

ISBN-13: 1000562913

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This book is a comprehensive work which incisively analyses, from a theoretically informed perspective, crucial aspects of India’s journey from partial divestiture to privatisation, accompanied by case studies of enterprises being privatised in FY 2022. Naib begins with the economic role of the state followed by theoretical and empirical evidence on the state versus private ownership in the first two chapters. Next, an overview of public sector in India including the New Public Sector Enterprise Policy for Atmanirbhar Bharat-2021 is discussed, before a broader examination of the global experience with privatisation is done. Naib then goes on to explore India’s journey from partial divestiture to privatisation from 1991 to 2021 in four time slots based on the political party in power. The book also looks at big ticket privatisation and asset monetisation proposed in FY 2022. Many criticised the design of National Monetisation Plan as it may lead to concentration of wealth, increasing inequalities, asset stripping, and consumers paying higher charges. The book closes by presenting six instances of big-ticket privatisations ranging from airlines, airports, banks, insurance, as well as industries such as petroleum and telecoms. The book’s timely data and analysis of key developments will interest researchers in the fields of divestiture and privatisation in India.

Public Enterprise Management and Privatisation

Public Enterprise Management and Privatisation PDF

Author: Laxmi Narain

Publisher: S. Chand Publishing

Published: 2005

Total Pages: 458

ISBN-13: 9788121904926

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A number of public enterprise (PE) executives have long felt the need for a book which would provide necessary information and analysis of various dimensions of PE management and privatisation. The book provides at one place, a precise and authoritative account of the concept, policy, and analysis of major issues confronting PEs. Public ownership per se does not make PE performance sub-optimal. The operation of the Government system, of which PE is a sub-system, has not been conducive to performance. During the last six decades, inadequate political will and vested interests have come in the way of freeing PEs from excessive and throttling controls, and demoralising accountability. Not letting the managers manage with the freedom required in the liberalised and globalised set-up is the problem. The multifarious and complex managerial problems of PEs, which get compounded by faltering moves towards privatisation, cannot be wished away. These have been considered in the book at some length. The book, first published in 1980, continues to be a standard work on the subject. This latest edition has been revised by Dr. R.K.Mishra, Director, Institute of Public Enterprise,Hyderabad.

Globalization, Privatization and WTO

Globalization, Privatization and WTO PDF

Author: Deepak Srivastava

Publisher:

Published: 2003

Total Pages: 184

ISBN-13:

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"This book provides a comprehensive treatment on aspects of neo liberal economic regime with reference to India. The aim of this book is to present the basics of WTO and Globalization as a conceptual framework. Therefore, it can realistically serve the needs of [the] reader. This book essentially provides a deeper insight about the Indian opportunities and challenges under the WTO regime and process of globalization. This book also ascribes the aspects of disinvestment policy of India"--Dust jacket.

Privatization and Public Regulation

Privatization and Public Regulation PDF

Author: Simrit Kaur

Publisher: Macmillan _

Published: 2003-01-01

Total Pages: 276

ISBN-13: 9780333939222

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First Best Book, India Society for Training and Development, Indian Oil Corporation (ISTD-IOC) Book Awards, 2002-03 This book marks a major contribution to the ongoing debate on the economics of privatisation. This book is the result of discussions on th

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