El Sidd
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o bhai govt owned corporations breed corruption and reek of incompitence n political appointments n corrupt ceo's tolerated due to political affiliation due to which these institution n corporations go in massive deficit yet the politicians want to keep them afloat to keep their vote banks n hence the awam has to pay yearly in massive tax increases to keep these white elephants alive, privitization is the way to go because in a privately owned buisiness no one tolerates corruption or intolerance cause than its ur own money involved, partial privitization is the way to go with govt keeping 40% shares n becoming a silent partner n the management n 60% shares sold to private sectors in this way govt will earn massive profits n than will also tax the profits out of the share of the private owners, the taxes of the people wont be wasted in billions to keep these institutions alive n that money can be spent on development...
this is a very old and a very lethargic debate.
There are some institutions which should be state held and i will not back down from this fundamental issue no matter what.