Question

Through private participation in health and education sector is much needed in India government intervention in regulating the sector is equally important bring out the implication of the statement justifying the circumstances.

Answer 1

The private participation in health and education sector is much needed in india government intervention in regulating the sector is equally important bring out the implication of circumstances is the government tries to combat market inequities through regulation, taxation and subsidies. The governments may also intervene in markets to promote general economic fairness through maximizing social welfare is one of the most common and best understood reasons for government intervention.