Privatization is considered as an important technique for enhancing the rate of growth in India through unlocking the idel and depreciating wealth in the public sector and reduction of fiscal deficits. The economic activites in the country have been taken up both by the central and state governments which have launched privatisation programmeto to pro up the tempo of economic development. The present volume attempts to study the concept of privatisation and gives a broad picture of the public enterprises in general and the state level public enterprises with reference to Andhra Pradesh and Kerala. The main objective of the study is to analyse the practices of privatisation to understand the concepts and consequences that led to privatisation in India, to understand the policies and programmes adopted for privatisation in states of Andhra Pradesh and Kerala, to study privatisation scenario in different nations and to study the social safety net programmes in the selected privatized enterprise in the states of Andhra Pradesh and Kerala. The study summaries the main findings and suggestions.