Multiple choice

The estimated revenue earnings from disinvestment in Public Sector undertakings during 2007 - 08 is

  1. Rs. 2000 crore

  2. Rs. 3000 crore

  3. Rs. 3500 crore

  4. Rs. 4000 crore
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Union Budget for 2007-08 set a target of Rs. 4000 crore to be raised through the disinvestment of government stakes in Public Sector Undertakings (PSUs). Disinvestment is a process where the government sells its shares to private entities or the public. This revenue is typically used to fund social infrastructure and reduce fiscal deficits.

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