Compare and contrast the activities and function of private sector and public sector
Answers
Answer:
Public SectorPrivate Sector1.
The main aim of this sector is public welfare
The main aim of this sector is to earn
maximum profit
2.
It is controlled and managed by the government
It is controlled and managed by an
individual or a group of individual
3.
The sector provides basic facilities like education, health, food and security to the people, e.g., the Indian Railways, the Post office and the BSNL.The sector provides consumer goods to the people
ɪɴ ᴘʀɪᴠᴀᴛᴇ sᴇᴄᴛᴏʀs ᴀɴᴅ ᴘᴜʙʟɪᴄ sᴇᴄᴛᴏʀs ᴏʀ ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ sᴇᴄᴛᴏʀs, ᴛʜᴇʀᴇ ᴀʀᴇ ᴀ ʟᴏᴛ ᴏғ ᴅɪғғᴇʀᴇɴᴄᴇ ɪɴ ᴛʜᴇ ᴡᴀʏ ᴏғ ᴡᴏʀᴋ, ᴀɴᴅ ᴅɪsᴄɪᴘʟɪɴᴇs ᴀɴᴅ ʀᴜʟᴇs.
ɪɴ ᴀ ᴘʀɪᴠᴀᴛᴇ sᴇᴄᴛᴏʀ, ᴛʜᴇ ᴊᴏʙ ɪs ᴇᴀsʏ ᴛᴏ ɢᴇᴛ ᴀs ᴄᴏᴍᴘᴀʀᴇᴅ ᴛᴏ ᴘᴜʙʟɪᴄ sᴇᴄᴛᴏʀ's ᴊᴏʙ.
ɪɴ ᴀ ᴘʀɪᴠᴀᴛᴇ sᴇᴄᴛᴏʀ's ᴊᴏʙ, ᴀɴ ᴇᴍᴘʟᴏʏᴇᴇ ɪs ᴜsᴇᴅ ɪɴ ᴍᴏsᴛ ᴇғғɪᴄɪᴇɴᴛ ᴡᴀʏ ᴀɴᴅ ɴᴏ ᴡᴀsᴛᴀɢᴇ ᴏғ ᴛɪᴍᴇ ᴏʀ ᴄᴀʀᴇʟᴇssɴᴇss ɪs ᴛᴏʟᴇʀᴀᴛᴇᴅ, ᴡʜᴇʀᴇᴀs ᴛʜᴇʀᴇ ᴀʀᴇ ᴀ ʟᴏᴛ ᴏғ ᴄᴀʀᴇʟᴇssɴᴇss ᴀɴᴅ ᴇᴍᴘʟᴏʏᴇᴇs ᴀʀᴇ ʟᴇᴀsᴛ ʙᴏᴛʜᴇʀᴇᴅ ᴀʙᴏᴜᴛ ᴛʜᴇʀᴇ ᴊᴏʙ ɪɴ ᴘᴜʙʟɪᴄ sᴇᴄᴛᴏʀs.
ɪɴ ᴘʀɪᴠᴀᴛᴇ sᴇᴄᴛᴏʀ, ɪғ ᴇᴍᴘʟᴏʏᴇᴇ's ᴡᴏʀᴋ ɪs sᴛᴀɴᴅᴀʀᴅ ᴀɴᴅ ᴘʀᴏғɪᴛ ᴍᴀᴋɪɴɢ, ᴛʜᴇʀᴇ ɪs ᴀ ʜᴜɢᴇ ʜɪᴋᴇ ɢɪᴠᴇɴ ɪɴ ᴛʜᴇ sᴀʟᴀʀʏ, ᴡʜᴇʀᴇᴀs ɪɴ ᴀɴʏ ᴘᴜʙʟɪᴄ sᴇᴄᴛᴏʀ ᴊᴏʙ ᴛʜᴇʀᴇ ɪs ʟᴀᴄᴋ ᴏғ ɢᴏᴏᴅ ʜɪᴋᴇs.
ᴛʜᴇ ᴘʀɪᴠᴀᴛᴇ sᴇᴄᴛᴏʀ ʜᴀs ɴᴏ ᴘᴇɴsɪᴏɴ sʏsᴛᴇᴍ, ᴡʜᴇʀᴇᴀs ᴘᴜʙʟɪᴄ sᴇᴄᴛᴏʀ ʜᴀs ᴀ ᴘᴇɴsɪᴏɴ sʏsᴛᴇᴍ ғᴏʀ ᴇᴍᴘʟᴏʏᴇᴇs ᴀғᴛᴇʀ ʀᴇᴛɪʀᴇᴍᴇɴᴛ.