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Answer:
(1) There are 339 public sector enterprises in India and often at the receiving end of the argument that the ‘government has no business being in business’. However, the Narendra Modi government has decided to use the COVID-19 crisis to merge or privatise many of these and expose them to private competition.
India’s central public sector enterprises will exist only in ‘strategic sectors’ where the government role will be important. But there will be two different sets.
(2) It depends on individual thinking when it comes to decide whether Central Government or Federal Government should hold more power or State must be given more.
Many believe State must be given more powers to decide on things like economic decisions, taxes and moral decisions.
State acquires taxes but nation has to decide how much of it can be taken as revenue from state.
Explanation:
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