csr gktoday published this article page no 31 the finance ministry pared the disinvestment target for 2023-24 to a nine-year low of 51000 crore and publicly acknowledged the multiple challenges it is facing in privatising public sector enterprises pses) and raising funds through minority stake sales a drive that has stalled since air indias sale. disinvestment means sale or liquidation of assets by the government usually central and state public sector enterprises projects or other fixed assets. the government undertakes disinvestment to reduce the fiscal burden on the exchequer or to raise money for meeting specific needs such as to bridge the revenue shortfall from other regular sources csr gktoday magazine subscription.
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