Explain few examples of public sector activities and explain why govt has taken them up
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The examples are:-----
1) Railways:-The government has taken up it for the following reasons
a) Only the govt can invest large sum of money on the public project with long gestation period
b)To ensure and provide transportation at cheap rate.
2)NTPC:-The government has taken up it to provide electricity at a lower rate than the actual cost of production
3)AIIMS:--To provide quality health services at reasonable cheap rate was the main purpose of the government.
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