Question

explain how public sector contributes to economic development of a nation?

Answer 1

public sector helps us in gaining the economy of our country by - 
*providing jobs to the people
*After the five months of SEZ (special economic zone ) the companies have to pay taxes to our government 
*the raw materials for the public sector companies are brought from the country which they set

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Answer 2

Answer:Public sector undertakes activities that are basic in nature and of vital importance for a country's development and security. The aim of Public sector is warfare of masses and therefore it provides all facilities at a responsible rate. Through its investments in education and health, public sector improves quality of our lives. Apart from this, provisions of safe drinking water ,houses for poor ,food and nutrition for children,also nurtures fundamental rights, which later results in great economic developement.

Procurement of grains, electricity generation, transport and communication by public sector, help in providing basic necessities and ensure good living standard to people.

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