Government has no business to be in business

These words were told by Margaret Thatcher the then British Prime Minister. It was the time were many Industries were privitised in Great Britain. The Public Sector Undertakings (PSU) were built in India during the time of Jawaharlal Nehru, the first Prime Minister of Independent India. It was necessery those days as the Private Sector was not strong. It was like a catalyst for growth.
But, today the Public Sector is not required as many people have started growing in the Private Sector. The Government can reap the benefits of their Assets and make good with the profits. The same money can be used for Public Health and Education which is very much vital for the country. The basic duties of a Government is to provide Security of all aspects, Law & Order, Education and Public Health. The Government should act as an regulator but not an eneterpreneur. There are many other people to run Factories and businesses . Let the people run businesses and make a living. Let Profit not be a dirty word. Let the Government concentrete on administration which is of vital importance and not spend time running Factories.