Good speech on “Against Privatization of Public Sector”

Good morning..

Today I have got the proud privilege of talking against the motion on topic “Privatization of public sector”.

I disagree with the idea of shifting burden of all public sector enterprises from the government to private groups or individuals.

Privatization offers benefits like quality services, quick response to the customers, more varieties and innovations in the market and one-off cash boost to the government. Thus, from one angle to the idea of shifting burden is tempting, but does not have practical applicability. Looking at the scenario in my country, India, today government is handling almost all services. It will not be harsh to state that it faces hurdles and even fails on some fronts, but that cannot be an excuse for replacement. Total privatization would be a deathblow to our democracy. Increased privatization (private hospitals, private schools etc.) already has made facilities expensive. New laws are required to regulate the private bodies. Corruption at top posts remains undetected. Dictatorship and more economical differences will creep in with total privatization. The nation as a whole will be affected as private groups will target profits only and will not enter a low-profit zone. No social obligations would be casted on private groups or individuals. A complete privatization will lead to a materialistic life. Common man would be crippled and suppressed by the higher society.

According to me, the best solution is that the government allows private bodies to enter freely into public services. It would give the government a healthy competition and thus would lead to a better performance of theirs. New job opportunities will also help the government bring down unemployment ratio. Rich people will spend their money more than ever. Foreign funds will dramatically increase foreign revenue. Result would obviously be a much better economy. Parallelly, the government would take care of the common man.

I conclude by stating that replacement is not a good idea, but cooperation and/or competition between the government and private bodies would balance all sorts of instability and a new energetic system will emerge out of a corrupt and incapable system.