1. Statement: The government has decided to disinvest large chunk of its equity in select public sector undertakings for a better fiscal management. Assumptions: The amount generated out of the disinvestment process may reduce substantially the mounting fiscal deficits. There will be enough demand in the market for the shares of these undertakings.
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By: guest on 02 Jun 2017 01.29 am
The fact given in I directly follows from the phrase '..... for a better fiscal management' in the statement. So, I is implicit. However, the public response to the new policy cannot be ascertained. So, II is not implicit.