disinvestment policy in india project class …
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Meghna Thapar 4 years, 8 months ago
Disinvestment in India is a policy of the Government of India, wherein the Government liquidates its assets in the Public sector Enterprises partially or fully. The decision to disinvest is mainly to reduce the fiscal burden and bridge the revenue shortfall of the government. Allowing the private sector to pump capital into these ailing PSUs would, of course, go some way in turning around these entities even as it provides the government with funds to bankroll welfare programs. Hence, the process of disinvestment in India was started in the year 1992.
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