As the process of disinvestment dilutes the state's ownership in PSUs, some scholars have observed, various political factors could also develop into an obstacle in dealing with disinvestment policies. Jain and Sarkar, in their research conducted in 2017 found: disinvestments are higher, when pursued by a right-leaning political party including coalition parties with similar ideologies than left-leaning parties. The study also hypothesized, the more center and state cohesion in ideologies, the prospects of disinvestments improve significantly. Some analysts have observed, the reason for not implementing the disinvestment policy to the core was because of a lack of a clear majority of the Congress party in the Lok Sabha after the 2004 general elections. Resulting in their reliance on outside support from Left-leaning parties like CPI-M, which caused the government to confront many challenges as both the parties had differing ideologies on distinct issues.
