Public sector enterprises have played a vital role in economic development of India. However, the government of India vigorously pursues the policy of disinvestment of such units. What is the rationale of disinvestment at this time?

The answer to your question is already covered in our revision notes of Business Studies XI. Follow the given link and scroll down to the topic ' Role of public sector since 1991' to view the same.

https://www.meritnation.com/cbse/class11-commerce/revision-notes/business-studies/business-studies/private-public-and-global-enterprises/1161_5366
 
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