disinvestment
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Title: disinvestment

Essay Details:

Subject: Miscellaneous
Author: Ashley F
Date: April 27, 2014
Level: University
Grade: A
Length: 4 / 1038

Essay text:

It endeavors to shift the economic decision making from the government to the markets. The concept of Disinvestment being it's major tenet. The Nehruvian temples of economic growth, better known as the Public Sector Undertakings were born as the outcome of the conscious policy of the government to speed up industrialization of the country with a view to giving added impetus to economic growth as well as achieve certain socio-economic goals. These undertakings account for ? of our GDP. They also account for 1/3 of our exports and have made contributions to import substitution. Also government undertakings employ more than 70% of the workers employed in the organized sector...

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