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Liberalisation, Privatisation And Globalisation — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsLiberalisation, Privatisation And Globalisation1 Mark
Question
What is meant by 'retaining the golden share?
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Answer

It means to withhold a part of shareholding of the PSU by the government to enable it to enjoy future profit. Golden share depends on individual cases. Presently it is 26% for PSUS.

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