Almost everything in India was under the public sector until a few decades back. The scenario had been the same ever since the country’s independence in 1947. However, the public sector soon began to suffer losses in various fields and there was a shift to privatization. Public sector units have been serving the Indian public ever since their initiation post independence. However, they have their set […]

Death by Water Privatization Where do you think all the plastic water bottles you use end up? The fact is, much of the world’s population is undereducated on the problem of water privatization, or the selling of plastic water bottles. There are many causes as well as consequences to this problem. However, there are beginning to be conservation efforts too. There are many causes as […]

According to the Business News on ‘BBC’ which was updated on 8 October 2013, the government intended in privatizing Royal Mail as this had been planned for many years. Royal Mail employees have been given 10% of the shares as part of a stock market flotation. Business Secretary Vince Cable described it as “the biggest employee share scheme for almost 30 years”. Meanwhile, the public […]

What is VSNL Initially VSNL was established to deal with overseas communications, and was functioning under the Department of Telecom, government of India. The company provides connections to over 400 mobile operators all around in the world. It is also the main provider of signaling conversion services to enable GSM roaming to and from North America. Videsh Sanchar Nigam Ltd. (VSNL) was one of the […]