differentiate between privatisation and disinvestmeant.
Privatisation is the process of withdrawal of managerial control of government from enterprizes.It can be done either by out rightly transferring control to private parties or majority shares of equity can be sold to private companies (by the process of disinvestment).
On the other hand, Disinvestment is a process in which the public undertaking reduces its portion in equity by disposing its shareholding. “Disinvestment” as per SEBI guideline, means the sale by the central government/state government, of its shares or voting rights and/or control, in PSUs. The government retains partial control with it and disposing its holding to some extent. The disinvestment reduces government participation in the company.Disinvestment may or may not result in privatisation as it involves selling only a part of equity from to private stakeholders.