CHAPTER 23

Privatization and Disinvestment of PSUs

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 ...

Get International Financial Management: An Analytical Framework now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.