Privatization is very necessary for India’s welfare because main points are here that India public sector i.e. Govt. Corporations has lot of problems like bureaucracy , red tapism , corruptions , not good implementation of plans , lot of ignorance about work. These are some of basic problems of public sectors and in privates we experienced good quality services, product, customer satisfaction and good for social welfare and it is also good for globalization and shinning of India.

Public sectors cannot participate in country's shining. Govt. can only make some policies for better work but again the same problem of implementation of policies. On the other hand private sector makes full effort to implement the policies.

So privatization is only way by which a country can succeed. You can take the examples of America and Japan these are the countries where private market prevails and these are the most developed countries of the world also when Soviet Union tried that public sectors. Criteria they did not succeed in that process so they also have to make the changes in the market and made it private sectors.

Market that they r progressing at good pace. So in my opinion privatization is the best way for success.

Privatization will help in the economical development of the country. But private firms are generally self-centered. They don't seek their interest in the interest of all. They think only in the interest of their own company. More often they possess a selfish approach.

Only the economical development should not be considered. It's not the only dimension. There are many other issues which are generally not taken care by private firms like environmental protection, farmer's interests, poor men's interests and many more.

So complete privatization is not desirable. There should be a balance between the public sector and private industries.

Private firms are generally self-centered and they don’t care for the interest of the public. But the government can make such rules and regulations for these firms so that they are checked from indulging into malpractices.

Moreover these firms cannot totally be self-centered. They do need employees to work for them; this in turn would increase employment opportunities. Privatization would also mean end of government’s monopoly, which ensures market competition wherein the consumers benefit the most.

We have in front of us the privatization of telecom industry and the decline in tariff due to competition. As far as interests of farmers are concerned the government can intervene and ensure that they get their dues.

Privatization every option has its pros and cons y not we attempt for a midway we take good points of privatization and try to remove off the bad point of PSU just imagine how much synergistic effect this will have when the Immense power of government machinery and the financial and knowledge input of private sector with an aim to surge ahead will have on the growth of people and country.

It is necessary to remove poverty, illiteracy from country and not the poor and illiterate from country.

The Growth rate of 9% is just a computed value by a human being and not real face of status of population in our country, so just going by saying we have 9% growth is just trying to make one happy and run from reality.

Thus in my opinion the private and PSU should join hands to help the country surge ahead to become a superpower.