Explain how public sector contribute to the economic development of the country
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Answer:
It provides goods at minimum price.
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Hiii!
Public sector contributes to indian economy by following reasons:
1) They provide essential things at reasonable costs so that everyone can afford it
2) they take up heavy industrial activities which sometimes private cannot take up
3) they also pay attention to aspects of human developmeny such safe drinking water food etc
4)its the duty of govt to provide such facilities that benefits people which also contributes to the economy
5)they support the private sectors by providing them resources so that they continue the production
eg: electricity at low costs
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