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Topic: Business
Number of pages / Number of words: 5 / 1125
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Basically,

* It reduces the economically-crippling government debt;

* It turns loss-making, tax-eating PSUs into profitable, tax-paying businesses, giving government more money to spend on infrastructure, schools and hospitals;

* It provides goods and services more efficiently than under government management, generally resulting in better service and lower prices to consumers;

* It expands services using access to investment capital, so that electricity and other necessities are available to more people;

* It makes better-trained young employees, building up a national talent-pool which attracts more investment to Andhra Pradesh in many new and different sectors;

* Over time, it spreads share-ownership, letting more and more ordinary families share in corporate profits and build their own wealth;

* It convinces potential partners that INDIA is a good place in which the invest their money, creating newer and bigger industries and more jobs...


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Let our businessmen and businesswomen excel at providing goods and services, and let government do what it does best – governing

WHY Privatise Profitable PSU ?

Privatisation works for profit-making and loss-making PSUs alike. Governments privatize profit-making PSUs for three reasons:

* Governments get money from the sale of the PSU which they can be better utilised elsewhere, retiring debt or building infrastructure;

* Profit-making PSUs, once privatized, tend to grow even bigger with increased access to investment and skills...


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