The Government usually intervenes in this matter because it is linked to the political, economic and social conditions of the country which it is leading.
The Government usually intervenes in this matter because it is linked to the political, economic and social conditions of the country which it is leading.
Divestment, also known as divestiture, is the opposite of an investment, and it is the process of selling an asset for either financial, social or political goals. Government of Pakistan is facing million $ losses every year by Pakistan Steel and Pakistan International Air Line every year, but for political gains, the ruling parties are unable to sell such assets
Divestiture, also known as, privatization, occurs when all or substantially all the interests of a government in a utility asset or a sector are transferred to the private sector.
A divested or privatized utility or public service is distinguishable from a private commercial enterprise in that the government generally retains some indirect form of control or mechanism for regulation over the privatized utility, in the form of a license granted to the entity to deliver the service to the public.