K J Somiaya Comprehensive College of education. PPT presentation of CAP

1. K.J. Somaiya Comprehensive college of Education, Training and Research Topic- Privatization Standard -10 th Roll no- 26 Year – 2010 -2011 Presented by Meenaz khair

3. Privatization was introduced during the eighties by Rajiv Gandhi The government of P.V. Narsimha Rao gave actual speed by introducing the New Industrial Policy

4. Meaning of privatization Privatization is the process of participation of private sector in the ownership and management of public sector

5. Out of 16 industries, 6 industries are not reserved for private sector. They are Cigarette Atomic energy Indian railways

6. Chemical fertilizers Arms and ammunition Hazardous chemicals

8. Management control : Though not the private company the government transfers the management control to the new company to make it more accountable. Sale to employees : Employees have the first choice to buy the shares of the shares of public limited company when they are put for sale.

10. Hindustan and Bharat petroleum planning to be a part of Oman oil company to have a great supply of oil to India in lower price.

12. Helps in infrastructure development with the help of taxes received from business firms Helps the government to concentrate on social problem

14. Aims at making profit which adversely affect the interest of the community Problem of unemployment

15. Market share of privatization is increasing year by year.

18. Evaluation Define privatization. Give any two methods of privatization? According to you, is privatization necessary for a country like India?

19. Ans: Transformation of public sector into private sector either partly or fully Ans: Management control Sale to employee Ans: Yes, privatization is necessary for a country like India

20. Thank you