
By Hetukar Jha
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Over the last decade India has been project a programme of monetary reform, and even as the economic climate has been transforming into at a excessive fee. As a part of the reform programme, and in accordance with triumphing fiscal considering, India has been privatising its huge, ungainly public region. One assumption underlying this programme is the dogma that public zone businesses are doomed to inefficiency, and that aggressive marketplace forces may be trusted to make companies extra effective when they are privatised.
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