Economy, asked by vickygupta3139, 8 months ago

Five points favourable for public sector

Answers

Answered by pearl0418
1

Answer:

1.public sector is owned by the government

2.it works for the welfare of the people

3.it does not indulge in wrong practices

4.its main motive is to rise public awareness

5.it doesn't work just to make profit

Explanation:

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Answered by gowrinanda
0

Answer:

Explanation:

In India, a public sector company is that company in which the Union Government or State Government or any Territorial Government owns a share of 51 % or more. Currently there are just three sectors left reserved only for the government i.e. Railways, Atomic energy and explosive material.

                               In India, a public sector company is that company in which the Union Government or State Government or any Territorial Government owns a share of 51 % or more. Currently there are just three sectors left reserved only for the government i.e. Railways, Atomic energy and explosive material. Private sectors/players are not allowed to operate in these sectors.

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