Privatisation will lead to less corruption
By hafiz008
@hafiz008 (450)
India
September 3, 2011 7:24am CST
The corruption is the main evil that destroy a country. As we can see corruption has increased day by day. In my opinion Privatization will reduce Corruption. As we can see corruption can seen majority in government officials because of their monopoly. If it is privatized there will be competition which lead the company to fair in dealing otherwise they choose alternative company. What do you think to my opinion.
8 responses
@hafiz008 (450)
• India
3 Sep 11
I want to say that if privatization of public sector will increase competition among companies. For example let us take bank if bank can only own and run by government there will result to corruption by asking customers to give small percent of their loan if it want to be sanction. When it privatized there are many alternative so that in order to get bank profit they have to keep good relation with customers. I hope you got my answer.
@urbandekay (18278)
•
3 Sep 11
You mean like the private banks in US and UK that have caused the economic crisis?
all the best urban
@hafiz008 (450)
• India
4 Sep 11
The corruption mainly in India because of bureaucratic rule by government official. You will understand when you go to government office. But when privatization occur there will be more company in the country so they need good customers so they have to behave properly. hence it will reduce corruption even in gov office.
@elshaddai123 (3981)
• Kottayam, India
3 Sep 11
When people become clear no corruption will be there, otherwise it is going to exist until the end of the World
@greenpeas (998)
• Philippines
3 Sep 11
Yes I agree. Privatization leads to less corruption and better business environment since government controlled businesses tend to become a monopoly at the hands of corrupt officials.
But we must also realize that private companies can also practice irregularities and corruption so it is also important that some form of government regulations and oversight are implemented.
@naseemkum (1803)
• India
3 Sep 11
Yes i agree private companies leads to less corruption. But even private companies are earning for their own purposes but government earns by serving people. I think private companies earns their target in major way not in mean of corruption. Every people interest to earn only money so if u want to control corruption private is correct. But money robbers dont get less when we change to private.
@haopee (493)
• Philippines
3 Sep 11
Well, there is a truth about this. The government wants to dip their hands in every cookie jar they could find. Privatization will lessen the outsiders who'd want to interfere in its respective sectors. My sister also works for the government and they've been battling privatization for more than 5 years because aside from the inadequate salary, most of the people belonging on top positions are not qualified but political.
It's not only the government officials that are a problem, but event the government employers who've been working for more than a decade. They see no way of fighting it so as the saying goes, "When you can't beat them, join them." Most people decide to do so.
