Discuss in detail on the topic "Effects of disinvestment on the gap between the rich and poor ".
Solution
Disinvestment refers to transfer of ownership from government to private sector , it must be noted that we are talking about transfer of ownership and not control.
It is done with a primary objective of addressing operational inefficiencies of government sector and can also be referred to as partial privatisation. Thus PSE's through disinvestment are able to meet their set objectives without a narrow paradigm of profit maximisation. Thus helps in reducing inequalities between rich and poor for the society as PSE's are able to meet its objectives of social welfare through disinvestment
Disinvestment refers to transfer of ownership from government to private sector , it must be noted that we are talking about transfer of ownership and not control.
It is done with a primary objective of addressing operational inefficiencies of government sector and can also be referred to as partial privatisation. Thus PSE's through disinvestment are able to meet their set objectives without a narrow paradigm of profit maximisation. Thus helps in reducing inequalities between rich and poor for the society as PSE's are able to meet its objectives of social welfare through disinvestment