examine the role of public sector in the developing countries like india
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Explanation:
Public sector investment on infrastructure sector like power, transportation, communication, basic and heavy industries, irrigation, education and technical training etc. has paved the way for agricultural and industrial development of the country leading to the overall development of the economy as a whole.
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- Generation of Income
- Capital Formation
- Employment
- Infrastructure
- Strong Industrial Base
- Export Promotion and Import Substitution
- Contribution to Central Exchequer
- Checking
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