Question

describe the role of public sector in indian economy

Answer 1

hello....the public sector plays a very major role in the economy of the country, The role of Public Sector in Indian Economy has been instrumental for Economic Growth of India since Independence. It started mainly with heavy industries and basic industries. Apart from providing vast employment opportunities and contributing to the GDP, it promoted capital formation and acted as the backbone of Indian Manufacturing Industry, In this way it plays a very crucial role in the Indian economy..

Answer 2

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