Question

54. In the context of governance, consider the following:

1. Encouraging Foreign Direct Investment inflows

2. Privatization of higher educational Institutions

3. Down-sizing of bureaucracy

4. Selling/offloading the shares of Public Sector Undertakings

Which of the above can be used as measures to control the fiscal deficit in India?

• A. (a) 1, 2 and 3
• B. (b) 2, 3 and 4
• C. (c) 1, 2 and 4
• D. (d) 3 and 4 only

Answer 1

The correct option is B

(b) 2, 3 and 4

(B)
Over the past few decades, it has been the private sector that has really driven capacity-creation in Indian higher education. Serious thinking on downsizing bureaucracy had begun in the early 1990s. A sub-group set up by the Planning Commission had suggested in 1993 that the Union government should weed out at least 2,000 senior-level positions in various ministries.