The agenda of disinvestment is again in the policy horizon with the coming back of the UPA to power without the support of the Left. This agenda is however a completely discredited agenda as has been argued here.
In a very well written article published in The Hindu, the well known economist R Nagaraj attacks the policy of disinvestment from a different perspective. The article can be found here.
This article in the People's Democracy exposes the completely erroneous logic of disinvestment.