As far as I’ve read about it, Privatization is the process of transferring ownership, property, or a business from the government to the private sector. The corporation or business is no longer owned by the government then.
I think if government employees would have worked honestly and faithfully for the public, This would not have happened. The govt. is being too strict about corruption in my opinion.
According to my own perspective, our country currently has enough government positions.
Approximately 3-4 years ago, there were 1000 government jobs available, with a total of approx. 20000 applicants. However, the jobs are still the same, but there are now over 2 lakh applicants. As a result, securing a government job is becoming increasingly difficult.