Why had the government to divert itself towards ' privatizatin '

1.	Why had the government to divert itself towards ' privatizatin '
Answer» <html><body><p>ong><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a>:</p><p>See the answer If helpful Downsidemthere is Taj option click on it & <strong><a href="https://interviewquestions.tuteehub.com/tag/mark-555248" style="font-weight:bold;" target="_blank" title="Click to know more about MARK">MARK</a> me </strong><em><strong>BRAINLIEST</strong></em></p><p><strong>Explanation:</strong></p><p><a href="https://interviewquestions.tuteehub.com/tag/transfer-1425652" style="font-weight:bold;" target="_blank" title="Click to know more about TRANSFER">TRANSFER</a> of Ownership </p><p> </p><p><a href="https://interviewquestions.tuteehub.com/tag/government-1010037" style="font-weight:bold;" target="_blank" title="Click to know more about GOVERNMENT">GOVERNMENT</a> companies can be converted into private companies in two ways : </p><p>By withdrawal of the government from ownership and management of public sector companies. </p><p>By outright sale of public sector companies. </p><p>Disinvestment </p><p> </p><p>Privatization of the public sector undertakings by selling off part of the equity of PSUs to the private sector is known as disinvestment. </p><p>The purpose of the sale is mainly to improve financial discipline and facilitate modernization.</p></body></html>

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