With reference to Disinvestment in India, consider the following statements:
1. Strategic Disinvestment involves the sale of at least 50% or more stake along with management control to private entities.
2. The proceeds from disinvestment of Central Public Sector Enterprises are credited to the National Investment Fund.
3. The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance is responsible for formulating and implementing disinvestment policies in India.
How many of the above statements above is/are correct?
1
Only one
2
Only two
3
All three
4
None