In 1991, the policy was adopted to improve the performance of public sectors companies in India.

liberalisation

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privatisation

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globalisation

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disinvestment

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Solution

The correct option is B privatisation
Through privatisation, it became possible for the government to share the burden of development of industries with the private sectors. The government could focus on the development of other public sector companies and other areas of the economy. This improved the performance of other public sector companies.

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