Question

public sector and joint sector industry difference between​

Answer 1

Answer:

Public sector industries is run by the government means it is run publicly whereas joint sector industries are run by government as well as the individual so it is run jointly. Therefore it is known as joint sector industries.

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Answer 2

Answer:

Public sector industry is the industry owned and operated by state. Wellfare of people is their main motive. For Example- Indian Oil Corporation, Stell Authority of India Limited

Joint sector industry is the industry owned and operated by state and individual or group of individuals. For Example- Maruti Udyog Limited

Explanation:

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