Question : DISINVESTMENT IN PUBLIC SECTOR UNDERTAKINGS



(a) whether the main objective of disinvestment in Public Sector Undertakings is to mobilise resources; and

(b) if not, the extent to which the objectives of privatisation and professionalisation of public sector undertakings have so far been achieved?

Answer given by the minister


MINISTER OF STATE OF THE MINISTRY OF INFORMATION AND BROADCASTING AND MINISTER OF STATE OF THE DEPARTMENT OF DISINVESTMENT (SHRI ARUN JAITLEY)


(a) One of the objectives of disinvestment in PSUs is to mobilise resources and to put Government money to optimum use.

(b) Does not arise in view of (a) above.