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Disinvestment refers to the process of selling or liquidating the shares of public sector undertakings (PSUs) by the government, either partially or completely. In the context of industrial development in India, disinvestment has been a significant policy tool since the economic liberalization reforms of 1991. It aims to reduce the fiscal burden on the government, increase efficiency in public enterprises, _______ ____ __________ _________ _________.
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