How does service sector in India provide different kinds of services? Explain
Answers
The Indian service sector employs two different types of individuals including skilled and unskilled workers. When it comes to educated and highly skilled workers, they are in less number. ... The unskilled workers are in large numbers including repair persons, footpath vendors, peddlers, transport persons and more.
Answer:
Contribution of public sector to economic development:-
In the public sector the government owns most of the Assets and provides all the services .
The purpose of the public sector is not just to earn profits but also to provide facilities to the public in different ways .
There are several things needed by the society as a whole, some of these need spending large sum of money which is beyond the capacity of the private sector and so they are provided by the public sector.
The government supports and encourages industrial activities providing affordable electricity .In the same way to promote agricultural activities the government purchases their products on MSP and provide a subsidy for the poor on these products .
hope thus may help u .....