As with all privatization objectives, 'such an approach should be devised not only with the social target in mind but should ensure that thepreferred role of the port is also achieved. Privatization is the opposite of nationalization , a policy resorted to by governments that want to keep the revenues from major industries, especially those that might otherwise be controlled by foreign interests. i. Healthy competitiveness in an economy will push efficiency and performances. Ans: In 1991 the primary objectives of privatization in India were, Privatisation – Meaning, Ways, Forms, and Objectives In a country, the business is controlled by two sectors which are the public sector and the private sector meaning of privatisation . Optimum Utilisation of Resources It has been observed that the public sector has failed in the optimal use of national resources. Increased inflow of FDI improves the financial strength of the economy. ii. PRIVATIZATION“The transfer of public assets, operations or activities to private enterprise”. The project emerges from the premise that

Objectives of Privatisation: Privatisation aims at providing a strong base to the inflow of FDI. The main advantage of privatization is to generate financial resources for the government in order to generate resources disinvestment of public sector enterprises. Privatization decisions based on social objectives will have direct implications as to the implementation approach ultimately adopted. case study forms part of a regional study concurrently commission in Zambia, Malawi, Mozambique, South Africa and Tanzania by the Southern Africa Peoples' Solidarity Network (SAPSN) in 2005. Privatization is about certain government authorities and investments to the private sector which is different from nationalism which is the process of improving the government's control and engagement in the economy.
Job losses: Privatisation often leads to many jobs being lost as profit maximising owners have different objectives from when a business / sector has state control Affordability of basic services: There are many industries which perform an important public service, e.g. The objectives, which the Federal Government of Nigeria’s privatisation programme is meant to achieve, are numerous and involve, as a basic component, the improvement of economic efficiency. The privatization has been set by the Prime Minister e) Promote Examples: Given a description of a planet, the student will be able to identify that planet, as demonstrated verbally or in writing. According to the Guidelines on Privatization published by the National Council on Privatization, are stated to be: i. 2. Deficit Privatization or Token Privatization: When the government disinvests its share capital to an extent of 5-10% to meet the deficit in the budget is termed as deficit privatization. The government has been solely responsible for developing the country. To move substantial ownership, control and operation of some key enterprises from the public to the private sector. To disengage government from economic or business activities in which it has no competence or in areas where the private sector is more competent. Privatization will also increase competition in the market. .The objectives of the privatization in Egypt is to maintain and develop a positive effect globally, also building a good competitive economic and to get more involvement of the population inside the economic process. 2.
To make the enterprises and corporations more efficient by injecting private sector efficiency into them. iii. Solved Question for You. Many refer to Bloom's taxonomy of cognitive objectives, originated by Benjamin Bloom and collaborators in the 1950's. Q: What were the two main objectives of privatization?


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