Question

Joint sector industries what are they

Answer 1

Joint sector industries are owned jointly by the government and private individuals who have contributed to the capital.

In joint sector, both public sector and private sector join hands to establish new enterprise.

Answer 2

Ok so basically joint sector industry is a combination of private and public sector industries where they jointly share business

Mainly public sector provides financial support wheresas private man power (not always)

Many a changes take place time to time and this is done by industrial policies

This is done to run business in smooth way and to reduce concentration of power in. The hands of private sector

Because the main aim of private sector is to earn for themselves and keep the benefit of public aside

So government take part in it...where atleast 26%should be shared by gov

When govt feels that it is not able to run business alone so it offers to private sector to come into it

Because govt has so many departments to control

And if any particular department demands strong improvement than these King of things take place

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