Privatization direct corporate restructure in the management in case of general Insurance Corporation of India

The ideological debate on privatization has evolved substantially in response to the growing globalization of the economy and end of confrontation between socialist and capitalist models of development. This narrowing has resulted in a more pragmatic approach to economic reforms, of which privatization forms apart. Due to globalization there has been a growing investor interest in developing countries. This has resulted in a flow of foreign investment to these countries. There exists good degree of relationship (55%) in all the period of analysis. But it is not so in case of BSE Sensex. The relationship between the returns from GIC shares and the Market has been very low. The problems which are pertain to Public Enterprises in India. Their interest, in the management of public sector in India stems from their concern regarding the conditions of repayment of financial assistance given to India, redundancy of surplus manpower in public enterprises, disinvestment etc.