Commerce (SS)

PRIVATIZATION /COMMERCIALIZATION

PRIVATIZATION Privatization is the process whereby ownership and control of the businesses, companies, industries or co-operation are transferred from the Government (public sector) to private individual (private sector)   ADVANTAGES OF PRIVATIZATION It promotes efficiency in the business that are commercialized or privatized. Government generates more revenue during the implementation of policies. It leads to […]

PRIVATIZATION /COMMERCIALIZATION Read More »