Disinvestment of Public Sector Undertakings
This chapter will enable you to develop an understanding of the following:
What is disinvestment
Why disinvestment of PSUs in India
The PSU sell-off methods
Proceeds realised from disinvestment
Evaluating the disinvestment programme
Disinvestment of PSUs in different countries
Central public sector undertakings (PSUs) are organisations established by the government of India as government companies under the Companies Act or as statutory corporations under specific statutes of parliament.
After independence, the government realised that the process of industrialisation needed enormous amount of capital which was beyond the financial capability of the private sector. ...