
19
Privatization and
Disinvestment
of PSUs
533
CHAPTER OUTLINES
•
Public Sector Enterprises (PSEs)—The
Necessity 533
•
Concept, Meaning, and Objectives of
Privatization 534
•
Disinvestment Strategies 535
•
The Board for Reconstruction of Public Sector
Enterprises (BRPSE) 542
•
The UPA government disinvestment policy and
program 544
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 ...