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What is meant by ‘Privatisation’?

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प्रश्न

What is meant by ‘Privatisation’?

लघु उत्तर
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उत्तर

Privatisation refers to the process of gradual transfer of ownership or management from the state/public-owned enterprises to individuals or private units, i.e. from the public sector to the private sector enterprises.

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पाठ 6: The State and Economic Development - QUESTIONS [पृष्ठ १८५]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 6 The State and Economic Development
QUESTIONS | Q 8. (ii) a. | पृष्ठ १८५

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