Essay writing
Effects Of Privatization On Government Economics
Introduction
Privatization is the process of shifting the public sector industries to the private sector. The decision for privatization is taken to lower the burden and role of the government in different industries. It affects the government in various ways. Government economics are impacted a great deal by way of privatization.
Effects of Privatization on Government Economics
The effect of privatization on government economics is largely positive. This can very well be judged by the speed at which the government is privatizing various industries that were once governed by the public sector. Many industries under the public sector in our country had been suffering major losses owing to poor management, inadequate knowledge of the owners and lack of proper resources. The brunt of this loss had to be borne by the government as public enterprises were funded by the government. It affected government economics adversely.
The decision of privatizing various sectors has come as a relief to the government. This has reduced the wastage of government resources and wealth. Privatization has led to power in the hands of more learned and skilled professionals. The government tests the efficiency of the prospective private owners before handing over the responsibility of a particular sector to them unlike when it is in the hands of the public sector. Until an industry is under the public sector it is governed by the government and there is a lot of interference from the political parties.
A lot of politics and corruption goes about in such cases. A number of scams related to various sectors that have been revealed in the past are an example of the high level of corruption that takes place in the public sector. The finances that must be used to improve and enhance different services under the public sector are misused by the corrupt government servants and politicians.
Conclusion
This corruption involving the misuse of the government’s wealth has subsided with the initiation of privatization. Hence, privatization has had a positive impact on government economics.
Letter writing
Letter to a national daily about the neglect of priceless historical monuments in and around your city
Mohit Tyagi B-12, Adarsh colony New Delhi 110031 Date …………….
The Editor The Hindustan Times New Delhi
Sir,
I being a responsible citizen of free India, consider it my duty to attract public attention, through the esteemed columns of your prestigious newspaper, to the neglectful and miserable condition of historical monuments which are symbols of our past glory grandeur and are our national heritage. They are priceless records of our history but have fallen victim to the criminal neglect by the officials. I had also brought it to the notice of the Archeological Survey of India, Government of India, but there was no response. This callous indifference on the part of authorities concerned has compelled me to approach you through this letter.
Sir, if you personally visit some of the monuments like the Humayun Tomb, Tughlak Kila, Qutab Minar, etc. You will realize that they are losing their shape and are getting dilapidated day by day with the passage of time. Their walls are moldering, their roofs are getting cracked, their bricks and stone pieces are losing plaster and top corners of walls have already crumbled. All is due to the lack of proper maintenance. We must realize that even the present will be passed one day.
I was shocked to see the deteriorating condition of our monuments. I request you to oblige me by publishing this letter in your paper so that the authorities concerned are awakened in time, and the priceless historical monuments are saved and preserved.
Yours truly