give a few example of public sector activities and explain why the government has taken them up.
Answers
Answered by
20
(a)Railways:-the govt has taken up this for the following reasons
(1)only the govt can invest a large sum of money on a public project with long gestation period.
(2)to ensure and provide transportation at cheaper cost.
(b)electric power generation by NTPC:-the govt has taken this up to provide the electricity to citizens at affordable cost.
(3)AIIMS:-to provide health service at reasonable rate was the main purpose of the govt to start this, beside medical education.
(1)only the govt can invest a large sum of money on a public project with long gestation period.
(2)to ensure and provide transportation at cheaper cost.
(b)electric power generation by NTPC:-the govt has taken this up to provide the electricity to citizens at affordable cost.
(3)AIIMS:-to provide health service at reasonable rate was the main purpose of the govt to start this, beside medical education.
Answered by
2
Answer:
Providing health and education facilities, construction of roads, bridges, railways, harbours, generating electricity, providing irrigation through dams are some of the public sector activities.These activities are the primary responsibility of the government.
These activities need spending of large sums of money, which is beyond the capacity of the private sector. Also, collecting money from thousands of people who use these facilities is not easy. Even if they do provide these things they would charge a high rate for their use. So governments have to undertake heavy spending and ensure that these facilities are available to everyone.
Similar questions