basis of difference between public and private sector
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The private sector comprises of business which is owned, managed and controlled by individuals. On the contrary, public sector comprises of various business enterprises owned and managed by Government. Such organizations are either fully or partly owned by the center or state and come under the separate ministry.
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public sector - the industries which are managed and owned by government is called public sector
example , Bhillai Steel Plant
private sector - the industries which are managed and owned by an individual or some corporate body is called private sects
example , Iron and Steel Company
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