Question

‘Public sector contributes to the economic development of India.’ Justify the statement.
For 5 marks ​

Answer 1

Answer:

Sectors of the Indian Economy

(i) Public sector raises money through taxes and other ways to meet expenses on the services like construction of roads, bridges, railways etc. for all people of India. (ii) Goverment runs railways, shipping, aeroplanes, metro and local trains.

Answer 2

Answer:

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