Question

inspite of dominant role the public sector could not do much for economic development of country. then also why is government of India not closing all public sector enterprise​

Answer 1

Explanation:

When India gained independence in 1947, the economic condition of the country was very poor. There were hardly any public sector enterprises other than the Railways and the Postal Services. It was determined that going forward public sector would play a big hand in our economic development. And then again in the 1990’s the trend changed again. So let us take a more detailed look at the changing role of public sector.