What has been the criticism of the disinvestment of public sector enterprises (PSEs)?

Undervaluation of PSE assets Lack of private sector interest Insufficient revenue generation Ineffectiveness in improving efficiency

Undervaluation of PSE assets

Critics argue that the assets of PSEs have been undervalued and sold to the private sector, resulting in substantial losses for the government. The proceeds from disinvestment are often used to offset revenue shortages rather than being utilized for the development of PSEs and social infrastructure.