Economics · Public Sector Enterprises

Arrange the following phases in the lifecycle of India's public sector evolution and reform in logical and chronological order: A. The emergence of systemic problems such as excessive bureaucratic control, overstaffing, and financial losses within public enterprises. B. The introduction of performance evaluation mechanisms such as the Memorandum of Understanding (MoU) system to improve management. C. The assignment of a dominant role to the public sector in the commanding heights of the economy to build the industrial base. D. The adoption of a proactive approach involving the implementation of strategic disinvestment in selected enterprises. Choose the correct answer from the options given below: