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Showing posts with the label DISINVESTMENT

HUMAN RESOURCE MANAGEMENT, OBJECTIVE AND SCOPEOF HRM

  Human resource management is concerned with the "people" dimension in the management. Human resource management means the management of people within an organization . Since,every organization is made up of people, acquiring their services, developing their skills, motivating them to higher level of performance and  ensuring that they continue to maintain their commitment to the organization are essential to achieve organizational objectives. Those organization that are able to acquire ,develop ,stimulate and keep outstanding workers will be both effective and efficient.  Those organizations that are ineffective or inefficient risk the hazards of stagnating or going out of business. Human resource does creates organization and makes them survive and prosper.  If human resources are neglected or mismanaged, the organization is unlikely to do well. "Human resource management is the field of management which has to do with planning organizing and controlling the func...

WHAT IS DISINVESTMENT ?

  The union  government  invests in several public undertakings (PSUs) such as Air India, Bharat Petroleum, Delhi Metro Rail Corporation etc. Since it is the majority share holder    (meaning that it own more than  51% of the share) the center  can raise money through  the liquidation of  its share - holding  in these PSUs . Such assets sale either reduces the government 's share - like when it attempted to do with the public listing of Life Insurance Corporation in 2020 - or it can also transfer the ownership of the firm altogether to the highest bidder - as it did  with  Bharat  Aluminum Company, which was sold to the Vedanta group in 2021.                                                                                 ...