Those public sector undertakings which are making profits

liberalisation

#1

Those public sector undertakings which are making profits should be privatised. Do you agree
with this view? Why?


#2

No, I do not agree with this view, even though disinvestment would increase the revenue of the government, the profit-making industries should be retained in the public sector since, they raise resources from the capital market which government can use for the development of PSUs and the infrastructure.
The assets of the profit-making industries if undervalued, might lead to a substantial loss to the government, if sold to the private sector.
The government should retain the strategic industries to avoid emergence of any monopoly in the private sector.