Caseler 10: Many early post independence leaders, such as Nehru, were influenced by
socialist ideas and advocated government intervention to guide the economy, including state
ownership of key industries. As a result after Independence, government has taken several
steps to develop the country. Some of these steps are:
(i) Setting up four major steel plants in the backward regions of the country.
(ii) Setting up public sector companies like producing heavy engineering goods so as to
avoid importing these capital goods from other countries.
On the basis of the given information about public sector, answer the following questions:
(a) Identify the role of Public Sector that the government is trying to achieve by taking
these steps.
(b) State the another roles played by public sector in growth of the nation.
(5 Marks)
Answers
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Since, it's a 5 mark questions u must need to write minimum 5 points.
I am just telling you the points and u can elaborate this points on your own.
a) *infrastructure development : govt. is setting up major steels in backward regions which leads to increase in development and infrastructural activities.
* Self - reliance : the government is trying manufacturer goods in their own country rather than importing goods from other foreign countries.
b) *Capital Formation
*Employment
* Strong Industrial Base
*To achieve optimum utilization of human resource
*To take out Indian economy from the vicious circle of poverty.
hope u can get an idea to how to express the answer.
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