Disinvestment of public sector companies

In the recent past the government has started disinvesting in public sector companies but some of the profitable companies have been put under the navratna status and are not being disinvested as they are profit generating companies . The decision to disinvest or not should not be based on whether it is profit generating or not . I think government should only be invested in essential services where no one is ready to invest & national security related investments like defence companies . In all other sectors the government should become facilitators and make sure private entities play by the rules to maintain fair competition among competitors.

For example government should not be invested in any telecom companies . The Ambanis ,Bhartis etc are ready to invest in this sector . Govt should just regulate and collect license fees and they have done this very well . This needs to be extended to the other sectors as well . By doing this government can concentrate on other important social and infrastructure needs .