Exams › SSC CGL (Prelims) › General

In the context of disinvestment policy in India, what does strategic sale refer to?

1. Sale of minority government stake without management transfer
2. Complete sale with transfer of management control
3. Leasing of PSU assets to private firms
4. Conversion of PSU into cooperative

Correct answer: Complete sale with transfer of management control

Solution

A strategic sale means the government sells a substantial or complete stake in a PSU along with management control to a strategic partner. It is different from a simple minority stake sale.

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