Question

Mention one reason fir the need of public sector in india

Answer 1

Public sector is defined as the part of the economy that is controlled by the state. To make sure merit goods(like, work related training schemes ,healthcare and basic education)are provided to the society. These products are deemed to have social benefits but are under consumed without government intervention. Hope this helps you:D

Answer 2

We need public sector in India .... because it is quite cheaper than private sector as it is controlled by government. People have given many facilities....like free medicines, free treatment in government hospitals etc.