000 01053pab a2200169 454500
008 180718b2003 xxu||||| |||| 00| 0 eng d
100 _aKaur, Simrit
245 _aRoles of centre and states in disinvestment
260 _c2003
300 _ap.43-62.
362 _aOct-Dec
520 _aThe process of privatisation was begun with central public sector undertakings (PSUs) by partially disinvesting the shares in select enterprises. This continued from 1991 to 2000. However, since the sale of Modern Foods in 2000, every sale has been a strategic one. On the other hand, the states have gone in for partial disinvestments side by side with strategic sales, though the preference is for the latter. However, the states made strategic sales in a few enterprises much earlier in the 1980s, when the Centre had not even given a thought to divestitutre. Privatisation is appropriate where market failures are less serious than state failures. - Reproduced.
650 _aPublic sector
650 _aPrivatization
773 _aMargin
909 _a59402
999 _c59402
_d59402