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Privatization of Service Sector in India - A SWOT Analysis

Author(s):

Dr. JAYADAS. S , DEVASWOM BOARD PAMPA COLLEGE, PARUMALA, KERALA, INDIA

Keywords:

Privatisation, Service Sectors, SWOT Analysis, Divestment, PSU-Public Sector Undertakings

Abstract

Privatisation of service sector has been beneficial to the Indian economy. In the recent years, many service sectors have been privatised. Privatisation has significantly improved production and services. Privatisation is a major component of development. Privatisation of service sectors is a significant part of many developed countries. India needs a large amount of investments in the service sectors for rapid development. Even though privatisation has many disadvantages, these weaknesses can be overlooked to fulfill the significant lack of funds in the service sectors.

Other Details

Paper ID: IJSRDV4I110031
Published in: Volume : 4, Issue : 11
Publication Date: 01/02/2017
Page(s): 93-96

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