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Business Environment, 2nd Edition by Shaikh Saleem

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CHAPTER 23

Privatisation and Disinvestment of PSUs

CHAPTER OUTLINE

PUBLIC SECTOR ENTERPRISES (PSEs)-THE NECESSITY

The formation of public sector enterprises (PSEs) in India was essential during the early 1950s. There were various problems confronting the country that needed a solution through a systematic and planned approach. India was basically an agrarian economy with a weak industrial base, low level of savings, inadequate investment, and an absence ...

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