Final answer:
The word 'botched' in the context of a botched privatisation scheme means that the scheme was faulty. It suggests that the privatisation scheme was not successful and had significant flaws or errors.
Step-by-step explanation:
The word 'botched' in the context of a botched privatisation scheme means that the scheme was faulty. It suggests that the privatisation scheme was not successful and had significant flaws or errors.
For example, a botched privatisation scheme might involve poor planning, lack of oversight, or incorrect implementation, resulting in negative consequences such as financial losses or inefficiency.
To summarize, the word 'botched' implies that the privatisation scheme was not successfully executed and was faulty in nature.