what does a private sector means...
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the ownership of the property is in the hands of private individuals. ..
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It is a type of industry which is owned and managed by an individual family or a corporate body individuals invest their own capital or capital is raised through loans or public issues to established thesr industries and they managed them as private enterprise for example TISCO at Jamshedpur Reliance at Ahmedabad and Vadodara,etc.
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