Importance of private sector in indian economy 5 points
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Increased quality of life
Increased access to essential items
Increased production opportunities
Lowered prices of essential items
Increased value of human capital
Improved social life of the middle class Indian
Decreased the percentage of people living below the poverty line in India
Changed the age old perception of poor agriculture based country to a rising manufacturing based country
Effected increased research and development activity and spending
Effected better higher education facilities especially in technical fields
Ensured fair competition amongst market players
Dissolved the concept of monopoly and thus neutralized market manipulation practices
Increased access to essential items
Increased production opportunities
Lowered prices of essential items
Increased value of human capital
Improved social life of the middle class Indian
Decreased the percentage of people living below the poverty line in India
Changed the age old perception of poor agriculture based country to a rising manufacturing based country
Effected increased research and development activity and spending
Effected better higher education facilities especially in technical fields
Ensured fair competition amongst market players
Dissolved the concept of monopoly and thus neutralized market manipulation practices
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