i. Increase in Competition: Owing Privatisation of the Business Units of Public Sector, there has taken place an increase in competition. For example, the privatisation in telecommunication has resulted in a lot of increase in competition. Consequently, telecommunication services have become cheaper and of better quality.

ii. Reduction in Political Interference: Privatisation results in freedom from political interference. Consequently, there is no unnecessary delay in taking decisions and the work is done at a fast speed.

iii. Increase in Responsibility: Privatisation has led to the development of the sense of responsibility in the employees. The employees who used to be careless while working in Public Sector have now become honest in discharges their duties. Now, they are apprehensive of being fired from the company in case of non-performance. Such a change in the attitude/ approach of the employees has resulted in a positive impact on industry and business.