Define the following terms (a) Disinvestment `" "` (b) Import Substitution
Define the following terms
(a) Disinvestment `" "` (b) Import Substitution
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Correct Answer - a
Disinvestment: `" "` Privatisation of the public sector enterprises (PSEs) by selling off a partwhole of the euity to the general public or any private sector player is known as disinvestment.
b) Outsourcing: `" "` Hiring of regular service from eternal sources, mostly from foreign countries, which was previously provided internally or from within the country is known as outsourcing.
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