Disinvestment

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Context

In the Union Budget for 2023-24, the government has set a disinvestment target of ₹51,000 crore, down nearly 21% from the budget estimate for the current year and just ₹1,000 crore more than the revised estimate.

Read A to Z about Disinvestment: https://www.iasgyan.in/daily-current-affairs/disinvestment-37

PRACTICE QUESTION

Q. Disinvestment should ideally be driven by the long-term vision of the government on the extent to which it wants to privatise the economy and the sectors where it needs to retain a presence and not by the need to raise revenues. Do you agree?

https://www.thehindu.com/business/Economy/explained-the-status-and-proceeds-of-disinvestment/article66485958.ece