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Question
Disinvestments programme was started in ____________.
Disinvestments programme was started in ____________.
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Solution
The correct option is C 1991-92
Privatization includes ownership, organizational and operational
measures. It refers to the process of transferring or sale of the public
ownership to private ownership in part or full. It is a process of
reducing government's role in the economy. Disinvestment means disposal
of equity of public sector units in the market. Disinvestment is one of
the operational measure of privatization.Privatization in India generally is in the form of disinvestment of equity. Disinvestment programme was started in 1991-92 when New Economic Policy was introduced in India.
Privatization includes ownership, organizational and operational measures. It refers to the process of transferring or sale of the public ownership to private ownership in part or full. It is a process of reducing government's role in the economy. Disinvestment means disposal of equity of public sector units in the market. Disinvestment is one of the operational measure of privatization.Privatization in India generally is in the form of disinvestment of equity. Disinvestment programme was started in 1991-92 when New Economic Policy was introduced in India.
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