Question

salient feature of privatisation

Answer 1

$\mathbb{ANSWER}$

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The features of privatisation :-

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•Transfer of the government ownership of productive assets to the private sector. It implies denationalisation.

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•Disinvestments i.e. sale of a part of equity of public sector enterprise to private capital.

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•Entry of private sector industries into the exclusive reserved indistries for public sector.

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•Liming the scope of Public sector and no further expansion of the existing public sector.

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