Disinvestment of Central Public Sector Enterprises : An Appraisal

"Disinvestment is the process of dilution of government ownership by selling part of the equity of PSEs to financial institutions or institutional bidders or private enterprises. Whereas privatization is change of management and control of PSEs from the government sector to private sector. The new economic policies launched on July 24, 1991 have emphasized for privatization and disinvestment of CPSEs with a view to mobilize the resources to strengthen financial position of such enterprises as well as to mitigate budget deficit of Government of Indian.

This book mainly focuses the process of disinvestment of CPSEs. It has comprehensive coverage of valuation of disinvestment and recent trends in disinvestments with adequate number of graphs, illustrations, examples and case studies.

This book covers latest policies and programmes of government along with pattern, trends and process of disinvestments of CPSEs." (jacket)