Privatisation in India: Challenging economic orthodoxy by T Ram Mohan PDF

By T Ram Mohan

during the last decade India has been venture a programme of financial reform, and while the economic climate has been transforming into at a excessive cost. As a part of the reform programme, and based on winning fiscal considering, India has been privatising its huge, ungainly public area. One assumption underlying this programme is the dogma that public zone firms are doomed to inefficiency, and that aggressive industry forces may be depended on to make enterprises extra effective after they are privatised. yet is that this fairly actual?
Combining rigorous facts research with case stories to supply a balanced review of the method of deregulation and privatisation in the total context of financial reforms, the writer demonstrates, remarkably, that, opposite to the existing view, deepest zone enterprises don't outperform public zone businesses throughout all sectors. He additionally indicates that revenue-raising concerns have weighed extra seriously with the govt. than potency ambitions. total, this learn of the reform strategy in India, with its special longstanding mixture of deepest and public sectors, might be of serious curiosity to all these learning reform and transition worldwide.

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Privatisation in India: Challenging economic orthodoxy (India in the Modern World) by T Ram Mohan

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