Economics · Disinvestment and Privatization

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Disinvestment policies structurally alter the government's role by transitioning it from a macro-level facilitator and regulatory overseer to a direct producer and manager of goods. Reason R: Disinvestment involves the state reducing its ownership in public sector enterprises, which necessitates the creation of robust regulatory frameworks to ensure fair competition. In the light of the above statements, choose the correct answer from the options given below: