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Showing posts from March, 2021

Privatisation : Experiment To Boost Economy ?

                     Meaning of Privatisation It means a transfer of ownership, management, and control of public sector enterprises to the private sector. As the definition of privatization is so very diverse let us take a look at the three main features of privatization. Ownership Measures : The ownership of all public enterprises ultimately shifts to private owners. The denationalization can be complete or partial. Organizational Measures : This is where we limit the control of the state in public companies. Some methods include holding company structuring, leasing. restructuring of the enterprises etc. Operational Measures : Public organizations and companies were running into huge losses. So the efficiency of these companies was to be increased. PUSH OF PRIVATISATION IN ANNUAL BUDGET 2020-21: The government will maintain a bare minimum presence in only four strategic sectors, Finance Minister Nirmala Sitharaman said in her budget speech. The four sectors are atomic energy,  space,

Things To know About Placebo Effect

  What Is the Placebo Effect? The mind can have a powerful influence on the body, and in some cases, can even help the body heal. The mind can even sometimes trick you into believing that a fake treatment has real therapeutic results, a phenomenon that is known as the placebo effect. In some cases, placebos can exert an influence powerful enough to mimic the effects of real medical treatments. The power of the placebo effect Your mind can be a powerful healing tool when given the chance. The idea that your brain can convince your body a fake treatment is the real thing — the so-called placebo effect — and thus stimulate healing has been around for millennia. Now science has found that under the right circumstances, a placebo can be just as effective as traditional treatments. "The placebo effect is more than positive thinking — believing a treatment or procedure will work. It's about creating a stronger connection between the brain and body and how they work together," sa