Question

Distinguish between joint sector and public sector industry

Answer 1

Joint sector industries are owned and operated by both the government and individuals or a group of individuals .Example- Oil India Ltd.[OIL] ,etc.
Public sector industries are owned and operated by government agencies. Example- Steel Authority of India Ltd. [SAIL],etc.

Answer 2

The public sector does not aim to make a profit and the private sector does an example of the private sector would be primary public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.