2. What is privatization
Privatization: It refers to a mode of doing things of his
own without any control of the Government.
This practice may be at an individual level or at
organizational level.
3. Privatization can be categorized in
to three parts
1-Delegation: Government keeps hold of responsibility
and private enterprise handles fully or partly the
delivery of product and services.
2-Divestment: Government surrenders the responsibility.
3-Displacement: The private enterprise expands and
gradually displaces the government entity.
4.
5. Privatization in Education
transferring the ownership of education to the private
sector
In case of , privatization in higher education can be one
alternative since it needs huge funds for developing
physical infrastructure and conducting basic
researches.
6. Advantage of privatization
Reduced the burden of money on the government
Absence of political inferences
Increase working efficiency
Use of modern technology
Innovation in teaching and institution
7. Disadvantage of privatization
Exploitation of labor and unemployment
Increases student mobility
Miss-use of power by educator and education
administrator
Increases inequality and unequal distribution of education
Lack of job security