Sir today India is world’s 3rd largest aviation market. Its civil aviation use around 800 aircraft to carry about 13 crore passenger yearly. As our economy is increasing day-by-day, we need to manufacture passenger aircraft our self to cater civil aviation by at least 100 aircraft each year. For this one passenger/cargo aeroplane manufacturing company in PPP mode may be started. It will produce job opportunity for many engineers as well as reduce the purchase/lease price of aircraft for airliner

Disinvestment – Objectives
The main objectives of disinvestment in India are:

To reduce the financial burden of the sick, loss-making PSU’s on the Government
To improve public finances
To introduce competition and market discipline
To fund growth, social sector welfare
To encourage a wider share of ownership
To depoliticize non-essential services

Disinvestment – Meaning
Disinvestment is defined as the action of a government aimed at selling or liquidating its shareholding in a public sector enterprise in order to get the government out of the business of production and increase its presence and performance in the provision of public goods and basic public services such as infrastructure, education, health, etc.
Funds from disinvestment would also help in reducing public debt and bring down the debt-to-GDP ratio while competitive public

i) Advice the government in matters of financial restructuring of CPSUs.

ii) Attracting investment through capital markets.

iii) Addressing issues such as capital restructuring, dividend, bonus shares, etc.

The renaming and restructuring of the Department of Disinvestment were announced by the Finance Minister in his 2016-17 budget speech.
As a follow-up, the Dept of Disinvestment has been renamed as the Department of Investment and Public Asset Management or ‘DIPAM’ but it continues to function under the Ministry of Finance.
Aim of DIPAM: Efficient management of centre’s investments in equity including its disinvestment in central public sector undertakings (CPSU).
Mandate:

NITI Aayog
The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on 1st January 2015.
The Government of India constituted the NITI Aayog to replace the Planning Commission instituted in 1950.
It is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs.
While designing strategic and long term policies and programmes for the Government of India,

Strategic disinvestment in India has been guided by the basic economic principle that the government should not be in the business to engage itself in manufacturing/producing goods and services in sectors where competitive markets have come of age, and economic potential of such entities may be better discovered in the hands of the strategic investors due to various factors, e.g. infusion of capital, technology up-gradation and efficient management practices etc.

According to the government, strategic disinvestment would imply the sale of a substantial portion of the Government shareholding of a central public sector enterprises (CPSE) of upto 50%, or such higher percentage as the competent authority may determine, along with transfer of management control.

Strategic Disinvestment
Disinvestment means the dilution of stake of the Government in a public enterprise.
Strategic disinvestment is transferring the ownership and control of a public sector entity to some other entity (mostly to a private sector entity).
Unlike the simple disinvestment, strategic sale implies some sort of privatization.

Department of Investment and Public Asset ManagementThe Department of Disinvestment was one of the Departments under the Ministry of Finance. It was renamed as Department of Investment and Public Asset Management (DIPAM) from 14th April, 2016.The mandate of the Department is as follows:
All matters relating to the management of Central Government investments in equity including disinvestment of equity in Central Public Sector Undertakings.
All matters relating to the sale of Central Government