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Concept and International experience of privatization

Concept and International experience of privatization Bhakit Ram Ghimire Advocate call: 0977 9851044189 Concept: Privatization is the process of transferring an enterprise or industry from the   public sector to the   private sector . The public sector is the part of the economic system that is run by government agencies. Privatization may involve either sale of government-held assets or removal of restrictions preventing private individuals and businesses from participating in a given industry.  [1] Privatization is an ongoing trend in many parts of the developed and developing world. Proponents of privatization maintain that the competition in the private sector fosters more efficient practices, which eventually yield better service and products, lower prices and less corruption. On the other hand, critics of privatization argue that some services - such as health care, utilities, education and law enforcement - should be in the public sector ...

The Doctrine of separation of power and its Requisite Check and Balance

The Doctrine of separation of power and its Requisite Check and Balance   Bhakti Ram Ghimire   Advocate 0977-9851044189    Introduction: The government is universally accepted to be a necessity since men cannot fully realize himself his creativity, his dignity and his whole personality except with an ordered society. [1] Yet the necessity for government creates its own problem of how to limit the arbitrariness inherent in government, and to ensure that these powers are to be used for the good of society [2] . It is the limiting of the arbitrariness of political powers that is expressed in the concept of constitutionalism. Constitutionalism recognizes the necessity for the government but insists upon a limitation being placed upon its powers by way of dividing the government powers into their three constituent functions, and under three arms. Thus constitutionalism connotes in essence a limitation of government powers through the doctrine of sep...