The sale of government assets is also known as:
The sale of government assets is also known as:
सरकारी संपत्तियों की बिक्री को ________ के रूप में भी जाना जाता है।
Detailed Solution & Logic
Disinvestment/विनिवेश
When the government sells its assets, such as shares in public sector enterprises (PSUs), it is called Disinvestment.
The purpose of disinvestment is:
To reduce the financial burden on the government.
To raise resources for development projects.
To encourage private participation in sectors previously dominated by the government.
To improve efficiency and competitiveness of enterprises by reducing government control.
If the government sells more than 50% stake and transfers management control, it is called Privatization.
Example: Selling government shares in companies like Air India, LIC, BPCL etc.
Therefore, the sale of government assets is known as Disinvestment.
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