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Ashwani Panesar, Lovely Professional University
                                                                          Unit 12: Privatisation and Economic Reforms



                   Unit 12: Privatisation and Economic Reforms                                  Notes


             CONTENTS
             Objectives
             Introduction

             12.1 Concept of Privatisation
                 12.1.1  Issue of Privatisation in India
                 12.1.2  Policy Regarding Sick Units

             12.2 Disinvestment
                 12.2.1  Objectives of Disinvestment
                 12.2.2  Methods of Disinvestment in India
                 12.2.3  Policy of Disinvestment
                 12.2.4  Approach for Disinvestment

                 12.2.5  Disinvestments of Equity in Public Sector
             12.3 Problems with Privatisation
             12.4 Economic Reforms

                 12.4.1  Then and Now
                 12.4.2  Using Natural Resources
                 12.4.3  Food Security Mechanism
             12.5 Summary
             12.6 Keywords

             12.7 Review Questions
             12.8 Further Readings


          Objectives

          After studying this unit, you will be able to:
               Explain the concept of privatisation

               Know the issues of privatisation in India
               Describe the concept of disinvestment
               Generalise the problems with privatisation

               Discuss the economic reforms in India
          Introduction


          In this unit, you will study about the concept of privatisation, issues of privatisation and the
          concept of disinvestment. You will also learn about the problems with privatisation and economic
          reforms.



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