This paper was presented at
Psychology: The Indian Contribution
National Conference on
Indian Psychology, Yoga and Consciousness
organised by the Indian Council of Philosophical Research
at the Sri Aurobindo International Centre of Education
Pondicherry, India, 10-13 December 2004

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Disinvestments of a public sector organization: Study from people perspective

Surbhi Sehgal — University of Delhi, Delhi.

Over the past decade or so, under the umbrella of economic reforms in India, there have been extensive changes embarked in the public sector with the aim of liberalization, globalization and competitiveness. In order to reduce the burden of fiscal deficits, apart from making public sector compete in the open economic environment domestically and internationally, disinvestments policy has been put in place and privatization has picked up in recent years. The present paper explores the human side of contemporary economic reforms through narratives generated in the context of disinvestments process of an organization by the employees, situated at different levels in one of the hotels of the ITDC chain. It is asserted through this paper that in the evolution of management thought, the identity of an employee as a conscious being needs to be recognized and attended to by the organization. The realm of integral psychology provides a coherent and appropriate foundation with its emphasis on an inward movement of evolving the deeper layers of self, which in turn becomes a part of an organization. A wider perspective is needed in which development in each field is viewed in relation to the harmony of the whole.

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