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Q.

Why upa govt is so strong in selling public sector shares like NLC and others?

Tags: money, careers, upa govt
Asked by Panneer Selvam, 27 Jul '13 03:31 am
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Answers (6)

1.

To generate funds AND make the rupee strong
Answered by Ghost Singh, 27 Jul '13 05:28 am

 
  
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2.

To gather money for economy
Answered by Quest, 27 Jul '13 10:39 am

 
  
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3.

They don't have money
PM spent rs 650C for his foreign trips
he need to spent one more year too
Answered by sigma, 27 Jul '13 08:23 am

 
  
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4.

Very good fundamental strong companies ka beda garg karne wle hai pardada k companies ka. , privet companionk lie paisek lie
Answered by ravindra ravindra.mogre, 27 Jul '13 06:58 am

 
  
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5.

Bucket of larches
Answered by vishwabandhubajpai, 27 Jul '13 05:54 am

 
  
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6.

This is part of the government's disinvestment program. The UPA government is selling part stake.
The idea is actually to part exit the business, generate some funds and focus on nation development. That is how we have BPCL, MTNL, State Bank of India like companies listed on the Stock Exchanges.

Remember, previously NDA government had also undertaken similar exercise on relatively bigger scale. But in that some of the five star hotels were fully sold to middle parties at relatively low prices which were resold to current owners within less than one year at a creamy margin. That was worse...
Answered by Aarnika Tiwaari, 27 Jul '13 03:37 am

 
  
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