Invest In India

The UPA government formed the government in India for the second term. This time the left parties are not in the government to guide the government of its disinvestment policies. Soon after the cabinet ministers took oath, the Prime Minister gave hint of disinvesting PSUs; the government may declare this in its forth coming Union Budget 2009-10.

The full budget 2009-10 is likely to be tabled in Parliament in the month of July.
The central government may take major decisions considering the negative impact of the global slowdown on Indian economy as well as industries. Even the industrial output was affected due to the global slowdown, which for the first time recorded negative growth last year.

The disinvestment process may be the best way for the UPA government to shore up revenue. The disinvestment of PSUs would be useful to address the economic impediments. The impact of the global slowdown is high on the industrial output and job market. The prime object of the government would be to increase the industrial output and to protect the job market. The disinvestment of PSUs will also help the government to generate revenue that can be allocated to various sectors including social sectors.

The industries and companies have high expectation from the UPA government. Some of the companies have gained due to peoples mandate UPA government at centre, which made the market shine once again. In the global slowdown the market had been suffering loss due to negative sentiments.

The declaration of the disinvestment process in the forthcoming budget will build confidence among both domestic and foreign investors in the economy and stock market. The approach of disinvestment may have positive impact on various indices in the stock market. The industrialists and investors always expect liberalization moves from the UPA government.