Question

Public sector contributes to the economic
development of India Justify the statement.and 5marks ​

Answer 1

Answer:

(i) It promotes rapid economic development through creation and expression of infrastructure. ...

(iii) It generates financial resources for development. (iv) It ensures equality of income, wealth and thus a balanced regional development. (v) It encourages the development of small, medium and cottage industries.

Explanation:

Answer 2

Answer:

1) It promotes rapid economic development through creation and expression of infrastuture.

2) It generates financal resources for development.

3)It ensures equality of income,wealth and thus a balanced reginal development.