You pay more, both as a taxpayer and directly when they privatise public services. In such services, profits must be paid to shareholders, not reinvested in better services. And there is extra costs of creating and regulating an artificial market.
Mar 11, 2021 • 13 tweets • 6 min read
Important Thread:
फोर्ब्स मैगज़ीन के एक पत्रकार हैं निक मिलानोविक. अगस्त 2020 में इन्होंने एक आर्टिकल लिखा था जिसका शीर्षक था 'The U.S. Needs Banking-As-A-Public-Service'. इस आर्टिकल का लिंक मैं नीचे दे दूँगा, पर ये आर्टिकल आपसे ज़्यादा उन लोगों को पढ़ना चाहिए...
जिन्हें लगता है कि अमेरिका जैसे विकसित देश में प्राइवेट बैंक होने से बहुत तरक्की हुई है. उसी आर्टिकल से कुछ तथ्य आपके सामने रखना चाहता हूँ.
1. एक औसत अमेरिकन नागरिक की Per Capita Income भारत के नागरिक से कहीं ज़्यादा है. मतलब वहाँ का एक आम आदमी भी निजी बैंक में खाता खुलवा कर..
Jul 28, 2020 • 14 tweets • 8 min read
Tejas Express - India's First Private Train is a Sham!!
This is going to be a long thread so read it with utmost patience and try to grab how things are getting worse within a short span of it's much fan fared launch.
#StopPrivatization #TejasExpressExposed #IRCTCExposed
The Tejas Express hit the tracks 4 October 2019 as India’s first private train.
While the infrastructure of the train, coaches etc, are owned by the IR, services like catering and cleaning are handled by firms through the railways’ subsidiary company IRCTC under the PPP model.
Jul 27, 2020 • 11 tweets • 6 min read
10 Reasons Why Privatisation Is Bad For you.
1. Your services get worse
Public services involve caring for people. But private companies make a profit from public services by cutting corners or underinvesting.
You pay more, both as a taxpayer and directly when they privatise public services. In such services, profits must be paid to shareholders, not reinvested in better services. And there is extra costs of creating and regulating an artificial market.
