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Token Privatisation: This implies the sale of 5 per cent or 10 per cent shares of a profit-making public sector enterprise in the market with the objective of obtaining revenue to reduce budget deficit. This is also referred to as ‘deficit privatisation'. Finance Ministers in India have been undertaking such privatisation to reduce their budget deficits. This policy has also been referred to as ‘disinvestment'. It was customary for finance ministers to set targets for disinvestment during a year. It may be noted that total receipts from disinvestment were of the order of Rs. 45,035 crores in 2003-04 and the total investment in Central Government enterprises was of the order of Rs. 3,33,475 crores in 2003. Thus, total disinvestment proceeds work out to be 13.5 per cent of total investment in PSUs. The entire proceeds were used to finance budget deficits. Consequently, this kind of disinvestment was severely criticised because these were the highly profitable PSUs which were disinvested. It was compared to ‘selling the family silver to pay the grocer's bills'.
Q. What is Climate Change? Climate Change:As a consequence of cumulative emission of carbon dioxide (a by-product of fossil fuel use) and other chemicals over past two centurie
Price/Earnings (P/E) Ratio This is a measure of an organization investment potential. Literally, a P/E ratio is how much a share is worth per dollar of earnings. The price-earn
1. Mrs Munyarryun, 67 years, has been retired from her work for two years. She rings for advice about urinary incontinence, a problem she has experienced over the last 6 months. Wh
Water Meter Replacement Program: Typically water providers install meters at each service address, read meters monthly and charge customers according to their usage. In resid
Employer’s Estimates of Future Manpower Requirements One of the parameters of demand for employment in a firm or a factory or an establishment is the level of capital investme
i have 40cm3 of hcl of 1 molarity i want to dilute it to 0.2m can yo please help
When should a firm shut down production in the short run?
Problem: a) What factors would you consider when analysing the digital economy relative to e business? b) "The growing use of the internet by consumers and businesses has re
Consider a family saving function for the population of all families in the United States: sav = β 0 + β 1 inc + β 2 hhsize + β 3 educ + β 4 age + u where hhsize is househol
ECM101 – MICROECONOMIC POLICY ASSIGNMENT 1 General Guidelines: This assignment comprises two sections and you must answer all questions in each section. Answers must be explained
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