Question

How far is it correct to say that several services which cannot be provided by private sector can be provided by public sector ? Explain

Answer 1

Answer:

The reasons are as follows :

(i) Some of them need spending large sums of money which is beyond the capacity of the private sector.

(ii) The private sector charges are very high whereas the government will charge reasonably.

(iii) Without government’s encouragement and help, the private sector can’t enter into such services.