Government of India established public sector enterprises to meet the
post independence challenges of poverty, unemployment and regional
imbalances. However with time, the country progressed and the planning
commission suggested that the government should reduce the number of
industries reserved under public sector. the government has also taken a
decision to withdraw from the industrial sector and reduced it equity in all
undertakings. On the basis of the given information about the public
sector enterprise, answer the following questions: a) name the two
industries still reserved for public sector. b) state the concept related to
reduce the government equity in public undertakings. c) enumerate the
primary objectives of concept identified in part B.
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