Question

On what objectives Public sector are created.

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Answer 1

Answer:

An important objective of public enterprises is to prevent concentration of economic power and growth of private monopolies. Public sector helps the Government to enforce social control on trade and industry for ensuring equitable distribution of goods and services.

Answer 2

Answer:

The expansion of the public sector was aimed at the fulfillment of our national goals, that is., the removal of poverty, the attainment of self-reliance, reduction in inequalities of income, expansion of employment opportunities, removal of regional imbalances, acceleration of the pace of agricultural and industrial