ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Privatisation and Deregulation

Privatisation and Deregulation Ashok Rudra The author advances two hypotheses and invites their refutation. First, the performance of any industry depends on various factors which do not all get determined by private or public ownership of the means of production. Second, 'abrupt removal of protection is likely to spell disaster for the economy; some amount of protection and regulation is absolutely essential for making industries competitive.

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