SudhirNaib
Privatisation in India: Journey and Challenges
Privatisation in India: Journey and Challenges
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This book provides a comprehensive analysis of India's journey from partial divestiture to privatization, accompanied by case studies of enterprises being privatized in FY 2022. It discusses the economic role of the state, public sector in India, global experience with privatization, and India's journey from partial divestiture to privatization. It also examines big-ticket privatization and asset monetization proposed in FY 2022 and presents six instances of big-ticket privatizations.
Format: Hardback
Length: 158 pages
Publication date: 14 January 2022
Publisher: Taylor & Francis Ltd
This comprehensive work delves into a thorough analysis of India's transition from partial divestiture to privatization, supported by case studies of enterprises undergoing privatization in FY 2022. The author, Naib, begins by exploring the economic role of the state, followed by theoretical and empirical evidence on the state versus private ownership in the first two chapters. The book then provides an overview of the public sector in India, including the New Public Sector Enterprise Policy for Atmanirbhar Bharat-2021. This is followed by a broader examination of the global experience with privatization.
In the subsequent chapters, Naib examines India's journey from partial divestiture to privatization across four time slots, based on the political party in power. The book also explores big-ticket privatization and asset monetization proposed in FY 2022. While some criticized the design of the National Monetization Plan, arguing that it could lead to wealth concentration, increasing inequalities, asset stripping, and higher consumer charges, the book concludes by presenting six instances of big-ticket privatizations, encompassing airlines, airports, banks, insurance, petroleum, and telecoms industries.
The timely data and insightful analysis of key developments in this book will appeal to researchers interested in the fields of divestiture and privatization in India.
Weight: 330g
Dimension: 145 x 333 x 16 (mm)
ISBN-13: 9781032201016
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