Privatization of Water, Health and Education Sector in Rural India; Positives and Concerns
Research Directions, Volume 1 | Issue 12 | June 2014, Pp. 40 -48
Posted: 19 Aug 2024
Date Written: June 16, 2014
Abstract
India opened her doors to liberalization, privatization and globalization, sincethe introduction of 1991 new economic reforms. Government gradually began towithdraw herself from its responsibilities and moving towards the role of indicator thanprovider of socio economic services. Today the privatization has gained momentum andis hugging all the sectors, now it is taking hold of water, health and education sectors.Water is the nature's gift to mankind and hence a public good. But World Bankhas cautioned that 2/3 of the world population will be struggling to get drinking water by2025. When the demand for water is expected to rise, how do the private companies befar away from encashing it? The irony is the World Bank itself is lobbying to privatizewater as solution to water crisis! As a boost to increase profits for MNCS, of developedworld!Commercialization, corporatization and marketization of health care haveemerged as the order of the day. MNCs in order to increase their market share in healthbusiness; they are pumping in the money on research and development in health sector.Many end results are prefixed and the research begins! Education sector is graduallygetting commercialized. These edupreneur aims at accumulating huge profits in thename of world class quality education. They bring in variety of syllabus branding themas international! The Government should not go back from providing the basicresponsibilities of water, health and education to its citizens. If privatization can dobetter everywhere, then our redundant government and bureaucracy should also beoutsourced to bring in efficiency. Probably private persons from USA or Europe can runthe Government and bureaucracy better!
Suggested Citation: Suggested Citation
(June 16, 2014). Research Directions, Volume 1 | Issue 12 | June 2014, Pp. 40 -48, Available at SSRN: https://ssrn.com/abstract=4897234