In recent years, there has been a lot of discussion and interest around privatisation in the business sector. The goal of this research is to provide a general overview of privatisation in the business sector, along with a list of its possible advantages and disadvantages and important considerations. To evaluate the effects of privatisation on effectiveness, competitiveness, service quality, and overall economic development, the research looks at numerous case studies and empirical data. The research also takes into account the probable social repercussions and difficulties brought on by privatisation in the business sector. This study adds to a better understanding of the complex dynamics and results of privatisation in the business sector by synthesising previous research and data.
Commercial Sector, Competition, Efficiency, Economic Growth, Privatization, Service Quality, Social Implications.
[Shreya, (2022) Analyses of Privatization in Commercial Sector] (ISSN 2347 - 5552). www.ijircst.org
Shreya,
Assistant Professor, Department of Law, Presidency University, Bangalore, India,