Question
Consider the following statements:
Which of above statements is/ are true about government policy of disinvestment
- Government disinvesting its share in various public sector undertakings
- Process of disinvestment is very fast
- Process of disinvestment is very slow and government always falls short of target
Which of above statements is/ are true about government policy of disinvestment
Answer: Option C
Answer: (c)
The government of India is disinvesting its share from public sector undertakings. Most of the government undertakings were incurring losses during the pre liberalization period.
Hence, after the introduction of new economic policy in 1991, the government started downsizing its share in PSU. But the process of disinvestment is very slow due to a host of legal and political hurdles.
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Answer: (c)
The government of India is disinvesting its share from public sector undertakings. Most of the government undertakings were incurring losses during the pre liberalization period.
Hence, after the introduction of new economic policy in 1991, the government started downsizing its share in PSU. But the process of disinvestment is very slow due to a host of legal and political hurdles.
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