Privatisation Debate: An Alternative Framework Ramaswamy R Iyer I AM delighted that T L Sankar and Y Venugopal Reddy have responded at some length (February 17-24) to my review of their book on 'Privatisation'. I do not propose to join issue with their questioning of some of my comments and criticisms. The purpose of the present reply is to explore certain general conceptual and theoretical questions further.