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Privatisation: gain to tax payers and employees

By: Baijal, Pradip.
Material type: materialTypeLabelArticlePublisher: 2002Description: p.1595-598.Subject(s): Public sector | Employees | Privatization In: Economic and Political WeeklySummary: The policy of the government on disinvestment has evolved over a period of 10 years. It started with selling of minority shares in 1991-92 and continues today with emphasis on strategic sale. The implementation of the present policy has shown the tremendous benefits of privatisation to the taxpayers, the economy, the stock-market and employees. This paper analyses these benefits and tries to allay the fear of the unknown amongst the various stakeholders of the public sector. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 37, Issue no: 17 Available AR52659

The policy of the government on disinvestment has evolved over a period of 10 years. It started with selling of minority shares in 1991-92 and continues today with emphasis on strategic sale. The implementation of the present policy has shown the tremendous benefits of privatisation to the taxpayers, the economy, the stock-market and employees. This paper analyses these benefits and tries to allay the fear of the unknown amongst the various stakeholders of the public sector. - Reproduced.

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