Problems due to share of private sector in context of globalisation
Answers
Explanation:
Public sector occupied a worthy place for achieving systematic and planned development in a developing country like India. In a country like India suffering from multi-dimensional problems, private sector is not in a position to make necessary effort for the development of its various sectors simultaneously.
Thus, in order to provide the necessary support to the development strategy of the country, the public sector offers the necessary minimum push for bringing the economy to a path of self sustained growth.
Answer:
Explanation:
nefficient Management. It has been found that these enterprises are managed by public savants. ...
Lack of Efficiency. They are not run on commercial principles. ...
Delayed Decisions. ...
Lack of Innovations. ...
Excessive Government Control. ...
Mounting Losses. ...
Political Interference. ...
Under Utilization of Capacity.