In context of Public Sector Enterprises in India what do you understand by lsquo Strategic Disinvest...........

Economic Affairs Public Sector Enterprises

In context of Public Sector Enterprises in India, what do you understand by ‘Strategic Disinvestment’?

It refers to sale of shares/assets of Public Sector enterprises with government retaining the majority shares.

It refers to sale of shares/assets of Public Sector enterprises in a manner that management control is transferred to the private player.

It is the compulsory liquidation of all assets of a poorly performing Public Sector enterprise.

None of the above

It refers to sale of shares/assets of Public Sector enterprises in a manner that management control is transferred to the private player.

Strategic Disinvestment refers to the sale of a public sector holding/undertaking to a non-government entity and in most cases, to the private sector.
It is done so by the government in order to relieve itself the burden of maintaining a non-performing public enterprise.