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Sale of Public Enterprise Shares: Frittering Away Nation's Wealth

R. K. Mishra, R. Nandagopal and A. Lateef Syed Mohammad
Economic and Political Weekly
Vol. 28, No. 48 (Nov. 27, 1993), pp. M163-M168
Stable URL: http://www.jstor.org/stable/4400450
Page Count: 6
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Sale of Public Enterprise Shares: Frittering Away Nation's Wealth
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Abstract

Absence of a permanent advisory mechanism to guide the government on the modus operandi for launching its disinvestment programme has given credence to the suspicion that disinvestment is not for the benefit of the state but for the benefit of a few interested parties. This paper discusses the philosophy, process, organisational mechanism, expectations and outcome of the government's disinvestment policy.

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