Question

According to the Government, the purpose of disinvestment was mainly to increase the resources only. (True/False). Give reason​

Answer 1

Answer:

true I only know true that's all

Answer 2

Purpose of disinvestment according to government

Explanation:

• Let us first understand what is disinvestment, disinvestment is the simple terms which includes taking out the money from the companies in which invested.
• Disinvestments Objective is to provide the optimization of resources to deliver the maximum return.
• It's primary aim to reduce government's financial burden because of inefficient and poorly functioning PSU's.
• The purpose of disinvestment in India is not mainly increase resources only but to finance India's increasing fiscal deficit, finance large scale infrastructure projects and implementation of health and education related social programs.
• Therefore, the given statement is false.