these industries are owned and operated by government agencies?
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public sector industries
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Public Sector Industries are owned and operated by government agencies.
• Public actor is also called the State Sector. It is a part of our government.
• Goods and governmental services are included in Public sectors such as electrical grids, telecommunications and etc.
• The public sector plays a key role in the economic development of the nation.
• Public sector industries include iron, steel, and aircraft are owned by the government.
• Public sector plays so many important roles in Indian economy those are
The capital good formation, Generation of income, export promotion and import substitution etc.
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