Economy, asked by Sumy85561, 10 months ago

What is the outright sale of PSU's

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Answered by Anonymous
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Explanation:

The government raised a record Rs 77,417 crore from sale of its stake in public sector units in 2018, and the disinvestment programme is headed for another blockbuster year in 2019 with planned privatisation of national carrier Air India.

The BJP-led NDA, which in its previous stint privatised the most number of PSUs ever, continues to shy away from the outright sale of bluechip state firms to the private sector in the present regime and is instead pursuing a newfound strategy of merging companies to meet its revenue targets

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