Business Environment, 2nd Edition

CHAPTER 23

Privatisation and Disinvestment of PSUs

CHAPTER OUTLINE

• Public Sector Enterprises (PSEs)—the Necessity
• A Decade of Performance
• Concept, Meaning, and Objectives of Privatisation
• Disinvestment Strategies
• The Board for Reconstruction of Public Sector Enterprises (BRPSE)
• The New Disinvestment Policy and Programme
• Case
• Summary
• Key Words
• Questions
• References

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 ...