Disinvestment Subject – Economy Context – Govt allows disinvested PSUs to set off previous losses Concept – Disinvestment means sale or liquidation of assets by the government, usually Central and state public sector enterprises, projects, or other fixed assets. The government undertakes disinvestment to reduce the fiscal burden on the exchequer, or to raise money […]

Subject: Economy Context: The strategic sale of four public sector units to other public sector entities in 2018-19 by the Central government has been sharply criticised by the Comptroller and Auditor General (CAG) of India in an audit, tabled in Parliament. Concept: Disinvestment means sale or liquidation of assets by the government, usually Central and […]