Give three reasons , why india has given more importance to public sector in its economy?
Answers
Public sector has played a very big role in the economy of India.Public sector is always on the side of the government, they get funds from the government and operate under instructions given by the government.The public sector is found to very important because;It encourages economic development,this need a lot of capital because it deals more with industries.Balances on regional development,create employment,improve infrastructure.
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Answer:Public sector has played a very big role in the economy of India.Public sector is always on the side of the government, they get funds from the government and operate under instructions given by the government.The public sector is found to very important because;It encourages economic development,this need a lot of capital because it deals more with industries.Balances on regional development,create employment,improve infrastructure.
Explanation: