Privatize it if you can't manage!

I am neither expert on economy nor on public service.So expecting expert's view on subject itself might disappoint you. Rather, I will try to emphasize on certain business or service which Nepalese government should not restrict authority to private sector. Let me borrow definition of 'privatisation' from Wikipedia which I mean to in this article "process of transferring ownership of a business, enterprise, agency, public service or public property from the public sector to private sector." 

Today, if you want to take loan for housing or real estate in Nepal, you can get it at the interest rate of 12-14%. I can do that if I meet the criteria. But how would it sound if government ministry make loan with a bank, and construct an apartment and rent to public. Sounds ridiculous, isn't it ! Similarly how would you think if I say Nepal government is selling petroleum to public after buying from India and restricting authority to private sector. This itself is not a problem but when government is in loss since a decade or more in this business then it should be privatized. The major difference in private and government work is: in private work people/organisation has to invest their own money and if loose they will loose everything but in government sector people who is handling money are not the real investor but we (citizens) are. So even they have to face loss it doesn't matter only to them. That's why Nepal oil corporation is in loss. Corruption, incompetency and irresponsibility is major. And still why they are not giving authority to private sector for oil business, But of course under the control of government.

This is only one small example, but there are still much more in which we have to encourage the participation of private sector for the sake of competitiveness, transparency and better service quality. Provoking private sector in  road, water supply and security are also vital in Nepal. Nepal government can't supply sufficient drinking water to public, can't maintain its own road Network in its desirable quality, and can't maintain law and order and hence encouraging private sector to such service would be a better alternative.

In the other hand there are some sectors in which privatisation should be discouraged for eg.: school/education, privatization of things of basic need without powerful government control etc.