How does public sector contribute to economic development to the nation explain with three points
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1 INFRASTRUCTURE
the Rapid industrialization in a country like India depends upon the creation of infrastructure such as transportation communication irrigation education public sector investment in the infrastructure leads to the development of country
2 STRONG INDUSTRIAL BASE
The growth of public sector in the field of iron and steel coal engineering petroleum and natural gas has created a strong industrial base for development
3 BALANCED REGIONAL DEVELOPMENT
To reduce and overcome regional disparities and in Industrial Development the government uses its parent resources to setup industries in underdeveloped areas
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