Question

Role of public and private sector in economic development

Answer 1

heya!!! here's your answer:-

Ans: Role of public sector in indian economy is as follows:-
1) capital formation
2) development of infrastructure
3) strong industrial base
4)removal of regional disparities
5)import substitution and export promotion
6)check over concentration of economic power.

Role of private sector in indian economy is as follows:-
1) expansion of public sector as well as it's share in national production
2) employment of labour welfare
3) contribution to foriegn exchange and it's earnings

Hope it helped!!!

Answer 2

heya!!! here's your answer:-

Ans: Role of public sector in indian economy is as follows:-

1) capital formation

2) development of infrastructure

3) strong industrial base

4)removal of regional disparities

5)import substitution and export promotion

6)check over concentration of economic power.

Role of private sector in indian economy is as follows:-

1) expansion of public sector as well as it's share in national production

2) employment of labour welfare

3) contribution to foriegn exchange and it's earnings

Hope it helped!!!