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.
Similar Practice Questions
Which plan gave prominence to the Industrial Policy Resolution of 1956, emphasizing the ‘commanding heights’ doctrine?
Which plan gave prominence to the Industrial Policy Resolution of 1956, emphasizing the ‘commanding heights’...
In which year did Operation Flood begin?
In which year did Operation Flood begin? ऑपरेशन फ्लड की शुरुआत किस वर्ष हुई थी?
India Post Payments Bank uses which technology for cashless withdrawal?
India Post Payments Bank uses which technology for cashless withdrawal? इंडिया पोस्ट पेमेंट्स बैंक कौशलेस...
What was the major characteristic of the Indian financial system before the enactment of the Banking Regulation Act, 1949?
What was the major characteristic of the Indian financial system before the enactment of the...
In which economic system are the produced goods distributed among different individuals
In which economic system are the produced goods distributed among different individuals not according to...
What is the used to refer the process of people leaving their home country to settle in another?
What is the used to refer the process of people leaving their home country to...
When was the Tata Iron and Steel Company Limited (TISCO) established?
When was the Tata Iron and Steel Company Limited (TISCO) established? टाटा आयरन एंड स्टील...