Economics · Privatization & LPG Reforms
Which of the following statements are correct regarding the characteristics and execution methods of Privatization under the LPG reforms? I. Disinvestment of government shares in public sector enterprises is a primary mechanism of privatization. II. Privatization aims to expand the role of the public sector to reduce market competition. III. It encompasses the closure or restructuring of loss-making public enterprises. IV. Public-private partnerships (PPP) in infrastructure and services are key aspects of this process. Choose the most appropriate answer from the options given below:
- 1I and IV Only
- 2II, III and IV Only
- 3I, III and IV Only✓
- 4I, II and III Only
Correct answer
I, III and IV Only
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