Privatization means transfer of ownership and/or Management of any enterprises from the public sector to the private sector. Privatization is a way in which private enterprises involved in the ownership and management of the public enterprises and economic democracy started by reducing interference govt. control in any economic activities. Privatization is based on this thought that private sector is more efficient than the public sector. In India public and private both the sector are play a significant role for development of the country especially in infrastructure of country like communication, health, banking. This study refers to that how privatization impact on public sector. What are the benefits of privatization and how does it given negative impact on Indian Economy. Experts give their view that privatization is helpful for economic growth and development of country. It creates revenue for the govt. It is digitally a good way if the government feels that some particular sectors like Railway, Banking can be opened for the competition and it will benefit the public. Experts also state that by allowing the public sector enterprises into private sector FDI also attract and invest into the private sector. It resulting increases the money supply. Whereas some experts state that privatization create more problems like unemployment, cut throat completion etc. They said that private sector established monopoly and the concentration of power in few hands. India also moves on the path of privatization of the public enterprises to achieve economic growth and increase the productivity.

KEYWORDS: Privatization, Economic Growth, FDI, Unemployment & Maximization.