SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES |
VOL. 4 |
NO. 1 |
PAPER 4 |
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DISINVESTMENT OF PUBLIC SECTOR ENTERPRISES IN INDIA - A STUDY |
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A.S.Shiralashetti* and S.S.Hugar** |
* Lecturer in Commerce, K.U.P.G. Centre (ASS Commerce College), Gadag, Karnataka, India. |
** Professor, P.G. Dept. of Commerce, Karnatak University, Dharwad, India. |
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The public
sector enterprises have been playing a vital role in the development of
Indian economy. However, the performance of some public sector
enterprises has not been satisfactory as compared with private sector
enterprises in the same industry and the government is not in a position
to justify budgetary support. Therefore, the Government of India has
decided to disinvest the equity of some selected public sector
enterprises to improve management, enhance availability of resources and
yield resources for the exchequer. The present study covers the
important aspects of disinvestment like disinvestment policy, status of
disinvestment in India, state wise disinvestment, impact and issues of
disinvestment. Further, the study is purely based on the secondary data
collected from the website, daily newspapers and magazines etc. |
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