The document discusses India's policy of disinvestment, which refers to the government selling its stakes in public sector undertakings (PSUs). It launched the disinvestment process in 1991 to reduce the financial burden of inefficient PSUs and improve public finances. There are three types of disinvestment: minority, majority, and complete. The current annual disinvestment target for India is Rs. 90,000 crores. Disinvestment aims to introduce competition and market discipline while funding growth and development programs.