Economics · Economic Reforms
Disinvestment was adopted as a key tool for economic liberalization and privatization in India. Which of the following options best defines disinvestment?
- 1The sale of natural sovereign public assets to foreign governments
- 2The complete purchase of private businesses by the central government
- 3Selling government equity stakes in public sector enterprises✓
- 4An increase in public borrowing from external commercial entities
Correct answer
Selling government equity stakes in public sector enterprises
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