In the 2021–22 Budget speech, the Finance Minister announced the disinvestment of a few companies. In this context, which of the following option is right?

The government is planning to sell the shares or stakes of private companies.

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The government is planning to buy more shares or stakes in private companies.

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The government is planning to buy more shares or stakes in public companies.

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The government is planning to sell its shares or stakes in public companies.

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Solution

The correct option is D The government is planning to sell its shares or stakes in public companies.
Disinvestment means selling of the government's share or stake in public companies. Through disinvestment, the government receives more money to finance its expenditures. In the financial year of 2022, the Government of India is aiming to generate ₹1.75 lakh crore through disinvestment.

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