DISINVESTMENT
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Context
- In the Union Budget for 2023-24, the government has set a disinvestment target of ₹51,000 crore, down nearly 21% from the budget estimate for the current year and just ₹1,000 crore more than the revised estimate.
Read A to Z about Disinvestment: https://www.iasgyan.in/daily-current-affairs/disinvestment-37
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PRACTICE QUESTION Q. Disinvestment should ideally be driven by the long-term vision of the government on the extent to which it wants to privatise the economy and the sectors where it needs to retain a presence and not by the need to raise revenues. Do you agree? |
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