No, I do not agree with this view, even though disinvestment would increase the revenue of the government, the profit-making industries should he retained in the public sector since, they raise resources from the capital market which govern-ment can use for the development of PSUs and the infrastructure.
The assets of the profit-making industries if un-dervalued, might lead to a substantial loss to the government, if sold to the private sector.
The government should retain the strategic industries to avoid emergence of any monopoly in the
private sector