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Question
| In Modern Foods, which was set up by the government to make healthy bread available at cheap prices, and which was the first company to be privatised, 60% of the workers were forced to retire in the first five years. |
Based on the given passage, answer the following question.
- What do you mean by disinvestment?
- How did disinvestment impact the workers?
Solution
- Sale of share in public sector companies.
- Loss of jobs; reduction in employees
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