The document discusses India's disinvestment policy. It defines disinvestment as a government or organization selling or liquidating an asset or subsidiary. The objectives of disinvestment are to reduce financial burden on the government, improve public finances, introduce competition, increase firm growth, and encourage wider share ownership. Reasons for disinvestment include meeting fiscal deficits, firm expansion/diversification, and repaying government debts. Problems include dilution of ownership and impact on labor. India introduced disinvestment policies in 1991 to reduce the burden of financing public sector undertakings. The government has generated billions of rupees from disinvestment since 1991.