Question

Government interference is more in public sector enterprises. (State with reason whether the given statement is true or false)

Answer 1

Government interference is witnessed to be more in public sector enterprises.

Most public sector industries show less economic growth, insufficient social overhead funds and also a general lack of interest of firms to enter new markets or enter new economies.

Due to the insufficiency of capital generation and increased operational costs, the interference of the government has become mandatory for the survival and sustainability of this enterprise.