Disinvestment in India policies, procedures, practices - Naib, Sudhir (Sage Publications, 2004)
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002
Includes bibliographical references (pages 450-461) and index
The public sector in India -- The effects of ownership and competition on efficiency -- Strategy for privatisation -- Privatisation and performance: the global experience -- Disinvestment in India: policy, procedure and proceeds -- Performance of disinvested central public sector enterprises in India: the empirical evidence -- Corporate response to economic reforms -- Privatised enterprises: then and now -- Findings, policy implications and recommendations
In India the path chosen to reform the public sector has been to first deregulate and liberalise the economy and then to privatise public sector enterprises. Debates have raged on since then on: whether reform of state-owned enterprises is necessary; the choice of strategy and method; and the social and economic consequences of such policies. Sudhir Naib has incisively analysed, from a theoretically informed perspective, crucial aspects of this topical issue. Among the important aspects he discusses are:. - whether the failure of Indian public enterprises has been exaggerated. - can public ent