Please answer the above from an economic point of view as I have to give a presentation in Economic Applications.Please give me enough information along with sources if possible so that I can look up the sources listed if required.
The speech should last for 1 minute and 30 secs.
2006-12-17 00:18:05 · 6 answers · asked by dinoyar 2 in Social Science ➔ Economics
I my view I m against this so privatization may lead to profit in many sectors in which non privatization cannot lead to that the revenue collected by that may have a glories effect to it and many others. so well this can be the touch stone for that idea
2006-12-17 00:24:32 · answer #1 · answered by SG 4 · 0⤊ 0⤋
In your speech, you can ask the audience if anyone has seen the state of the airports and then ask if they have travelled and seen the state of airports overseas? It's 2006 and the government obviously cannot manage the airports well enough for international standards, they need to pull out and let a company run it. Because when a business takes over, they will need to make profits. They cannot run losses and ignore it like the government does since they collect income/business taxes yearly. In order to make profits the businesses would have to improve infrustructure, encourage more airlines to take off and depart from the airport and run everything efficiently. A business has much more to loose with the airport not making a profit than the government does. So making them run it for money can be very beneficial to ensuring the airports are of world class standard and a pride to your nation.
2006-12-17 08:43:25 · answer #2 · answered by Craiova 5 · 1⤊ 0⤋
Yes. India needs privatisation not only in building airports but also in many other infrastructure development projects. The requirment of money or resources for building necessary infrastructure in the areas of education, rail/road/air/water transport, forest, etc., is so huge that the government of the country can not meet fully the requirements out of its own resources. Private participation in these areas is a necessity. Railways alone require Rs.55000 crores for implementation of golden quadrilateral project of connecting four metros by four lane railway track. One can not imagine the resources required for setting up atleast one Kendriay Vidyalaya or its equivalent in every Taluka. It is high time we understand the importance of private players and encourage them in building infra structure. I would be happy if the Government thinks of inviting private participation in joining Ganga Kaveri rivers.
2006-12-19 06:04:08 · answer #3 · answered by bvgopinath2001 4 · 1⤊ 0⤋
Private companies manage every business for profit.They keep the place updated so that they can make more money.In public projects there is lot of wastage,bribes etc. at every level.No body is held accountable for anything gone wrong.Private companies will spend their own money and public do not have to keep on paying to maintain the airports.Government do not have enough money to spend on all the infrastructure we need.We need private public partnership to modernise everything.
2006-12-17 09:17:55 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Investment needed from the private sector for improvement because government can only do so much.
2006-12-20 05:55:46 · answer #5 · answered by Krishna 6 · 1⤊ 0⤋
applele - get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost get lost LOSER!
2006-12-17 11:05:45 · answer #6 · answered by Anonymous · 0⤊ 2⤋