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REVIEW OF INDUSTRIAL POLICIES UPTO 1986
NEW INDUSTRIAL POLICY, 1991
Types of Disinvestment
(i) Token Disinvestment : Disinvestment started in India with a high political caution— in a symbolic way known as the 'token' disinvestment (presently being called as 'minority stake sale'). The general policy was to sell the shares of the PSUs maximum upto the 49 per cent.
(ii) Strategic Disinvestment : In order to make disinvestment a process by which efficiency of the PSUs could be enhanced and the government could de-burden itself of the activities in which the private sector has developed better efficiency (so that the government could concentrate on the areas which have no attraction for the private sector such as social sector support for the poor masses), the government initiated the process of strategic disinvestment.
Current Disinvestment Policy
(i) Steel Industry
(ii) Aluminium Industry
(iii) Apparel and Footwear Sectors
FDI POLICY MEASURES