answersLogoWhite

0

What is Divestment?

User Avatar

Anonymous

17y ago
Updated: 8/16/2019

The process of disinvestment in India began in 1992, under the aegis of new economic liberalization policy put forward by then Finance Minister, Dr. Manmohan Singh. Disinvestment was supposed to be the tool in the hands of government to improve the functioning and profitability of public sector enterprises and also raise funds to mitigate its fiscal deficits. However, over the past decade, this exercise has been plagued by criticisms and controversies and has not achieved desired results for the government because of political bickering.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

What is an antonym for investment?

divestment


What is the antonyms of investment?

divestment


What are the benefits of divestment?

An advantage of a divestment is that it is a way for a company to sell off parts of the company it no longer wants. Another advantage is that itÕs a public process.


What term refers to the process of discarding former behavior patterns and accepting new ones as part of a transition in one's life?

role divestment


What are the release dates for Web Therapy - 2008 Divestment Opportunities 5-26?

Web Therapy - 2008 Divestment Opportunities 5-26 was released on: USA: 27 May 2013


Disscus the different types of divestment stretegy?

spin offsell offequity care out


WHAT ARE THE DifferenceS between divestment and privatization in India?

Privatization is the process of transferring the ownership of a business of a public sector to the private sector. In a broader sense, privatization refers to transfer of any government function to the private sector including governmental functions like revenue collection and law enforcement. Divestment is said as the opposite of Investment. Investment means acquisition of certain assets; divestment means the release of assets. A business may be that a particular arm of its is not compatible with its core business and hence may decide to shelve or divest this business. Divestment may be done for various economic or social reasons.


Who was the first minister for divestment under NDA government?

In 1999, after the Vajpayee Government came to power in India under the umbrella of the National Democratic Alliance, Arun Jaitley was appointed Minister of State for Divestment, or Disinvestment, a new Ministry created for the first time.


What actors and actresses appeared in Divestment - 2008?

The cast of Divestment - 2008 includes: Sharon Coade as Audrey Alan Howley as Brendan Art Kearns Dan Madden as Junior Executive Audrey McCoy as Caroline Shona Weymes as Denise Johnny Williamson as Rory


What has the author Frederick A Lovejoy written?

Frederick A. Lovejoy has written: 'Divestment for profit' -- subject(s): Corporate divestiture


What are the release dates for Full Court Press Israel Berkeley and the Divestment Resolution - 2011?

Full Court Press Israel Berkeley and the Divestment Resolution - 2011 was released on: Jordan: 14 December 2012 (limited) USA: 5 April 2013 (Fallbrook International Film Festival) UK: 5 May 2013 (London Palestine Film Festival)


What is the definition of the term divestiture?

Divestiture is a noun meaning the action of or process of selling off subsidiary business interest or investments. Its synonyms are divestment and deprivation.