Government Sectors are better than Private Sectors
by
Ashok Goyal
·
12/06/2015
Government Sectors are better than Private Sectors
August 7th, 2021
Ashok Goyal
It is a hard fact that in a country like India Government Sectors are better than the Private Sector. Liberalization Process started in 1991 that is after 44 years of independence. If we calculate the same term that is 44 years after 1991 it will be the year 2035 that is 22 years hence. You might laugh at the first instance but I am sure that after that 22 years hence our future generation may feel the heat of privatization and the then Governments in our country may have to nationalize the major sectors again as Capitalistic Economy can not survive for a longer period in densely populated India with the type Indian Democracy as strong army of more than 125 crore Indians will not allow the capitalists to exploit them unless and until there is some dictatorial rule in India to end disparity in distribution of income and wealth. While the
Indian Economy will be discussed by the author separately, a Real Life Story with worst experience with ICICI Prudential in private sector and still the Best Insurer in India that is Life Insurance Corporation of India will be posted within next few days after collecting evidences. Stay Connected and trust and only trust the Life Insurance Corporation of India. Companies like ICICI Pru Life neither bother about the Insurance Regulatory Authority of India nor they have any fear about Insurance Ombudsman, when the most of the clients in India are illiterate. Read
Google Review about ICICI Prudential, the subject matter of which is being followed with IRDA, Insurance Ombudsman to warn the ICICI Prudential about their business malpractices as individuals can not fight with big companies without resources at their command.
Latest Update: About one hundred mails were received from ICICI but all were auto generated mails. Office of Ombudsman informed telephonically that even their Head i.e. ombudsman himself or herself and big officials in judiciary or bureaucracy could not get justice as it was a cumbersome exercise to fight with big corporate in private sector whereas Public Sector employees, managers and executives could be taken to task very easily. Even a small postcard written to the grievances redressal system of government machinery or public sector can result in immediate action, minimum transfer, on the concerned employee. But in the private sector the employees are on contractual basis and are not answerable for their attitude and the big corporate just take the excuse that they are bound by
terms and conditions which are never read by the customers.
Tags: Government UndertakingsPublic Sector Vs Private Sectors
Ashok Goyal
Hi members, I am Ashok Goyal from Rajpura - Punjab, a town near Chandigarh. I am a retired Chief Manager from a Top Nationalized Bank in India with 35 years of experience. I am the CEO-cum-Founder of this site made for Young and Old, Technical and Non Technical members to spread their knowledge across the Globe. I am a Science Graduate with an M.A. in Economics and C.A.I.I.B. (Certified Associate Life Member of Indian Institute of Banking and Finance since 1980 and a Social Worker authoring many Blogs for the benefit of the Public in General. I Graduated from Patel Memorial National College, Rajpura - 140401 and secured a Master's Degree in Economics from Punjabi University, Patiala - 147001 Punjab, India. Expert in Legal and Money Matters, may it be Banking, Investments, and Insurance or Fraud investigations. My Hobby is to share Knowledge and alarm the younger generations about the practical implications of transacting online. I am available at many Social Networking Sites. I am health conscious and like reading deeply about anything related to health and nutrition. In the case of any violation of objectionable content, the images on my authored links or on this site, you can either report me directly or you can file a DMCA complaint about the removal of the content. I do not like spammers and never hesitate to report the abuse of my profile information. I am the owner of the WQAINDIA Brand hosting self-hosted Question Answers Site at Web Question Answers. In Jan 2016, I founded Samadhan Kender at Rajpura - which is now talk of the down. In January 2017, keeping in view the Identity Crisis in India I found that the Public was facing difficulties in their CIBIL Reports - I started my best ever venture at CIBIL Consultants to solve the CIBIL Problems of the Public online. CIBIL Consultants is having its client base in all 17 states in India.
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It is a hard fact that in a country like India Government Sectors are better than the Private Sector. Liberalization Process started in 1991 that is after 44 years of independence. If we calculate the same term that is 44 years after 1991 it will be the year 2035 that is 22 years hence. You might laugh at the first instance but I am sure that after that 22 years hence our future generation may feel the heat of privatization and the then Governments in our country may have to nationalize the major sectors again as Capitalistic Economy can not survive for a longer period in densely populated India with the type Indian Democracy as strong army of more than 125 crore Indians will not allow the capitalists to exploit them unless and until there is some dictatorial rule in India to end disparity in distribution of income and wealth. While the Indian Economy will be discussed by the author separately, a Real Life Story with worst experience with ICICI Prudential in private sector and still the Best Insurer in India that is Life Insurance Corporation of India will be posted within next few days after collecting evidences. Stay Connected and trust and only trust the Life Insurance Corporation of India. Companies like ICICI Pru Life neither bother about the Insurance Regulatory Authority of India nor they have any fear about Insurance Ombudsman, when the most of the clients in India are illiterate. Read Google Review about ICICI Prudential, the subject matter of which is being followed with IRDA, Insurance Ombudsman to warn the ICICI Prudential about their business malpractices as individuals can not fight with big companies without resources at their command.
As I’m unable to add image to this post, I will try to show you the image in text from…