what is disinvestment? and what were its effects on Indian public sector enterprises after announcement of NEP 1991?
Answers
Answered by
2
Answer:
In simple terms, Disinvestment is taking your money out of the companies you invested in.
Ram invested Rs. 1,00,000 in ABC Ltd. for the last few years for 500 shares in the company. Today, he plans to sell his shares to Shyam.
Here Ram is disinvesting in ABC Ltd.
The word, disinvestment is generally used in the context of Public Sector Undertakings (PSUs).
When the government sells its shares in PSUs (Companies where the government has more than 51% ownership) to Private Entities, it is called disinvestment.
Answered by
1
Answer: Privatisation of the public sector enterprises by selling off part of the equity of PSEs to the public is known as disinvestment.
Explanation:
Similar questions