difference between public sector and joint sector
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The man difference between Public Sector and Joint Sector is on ownership. A public sector enterprise or industry is completely owned and controlled by the government while the Joint Sector enterprise, as the name, implies shares the ownership between government and private entrepreneurs.
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sunandadurgesh1970:
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Public sector industries :
- These industries are owned and managed either by the Central government or the State government.
- For eg. BHEL, SAIL, etc
Joint sector industries :
- These industries are owned, managed and controlled jointly by the private entrepreneur and the government.
- For eg. Oil India Ltd. (OIL).
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