vol tion o the ndian onom 3.13
of the recent times should be seen in the light of and enhanced profit from the PSUs (by selling
certain important contemporary realities—need majority stakes in the PSUs at one hand the
of promoting investment in the economy; need government will de-burden itself from the owner’s
of the government to quit undesirable areas of responsibility, while on the other hand its share of
economic activities and expanding in the areas revenue from the divested PSUs will increase as
of need and where private sector will not enter the new owner will run the enterprise on market
(welfare actions); revenue generation by stake sale principles); etc.