Question

Explain how the public sector promotes rapid economic development through creation and expansion of infrastructure

Answer 1

Answer:

the government owns most of the assets and provides all the services.

public sector works for public well fare not just to earn profits government rise money through tax and other ways to meet the expenses of the service render by it .

example: Indian railway ,steel authority of India limited, nation thermal power cooperation limited.

EXAMPLE::: HTM, BHEL, BEML, BSNL, HESCOM, ETC