what is joint sector?
Answers
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Joint sector:
Joint sector industries are owned and joined by the government ...
Join sector the both private and public sector both join then hands s establish there enterprises..
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Answer:
Joint sector industries are owned and operated by a group of individuals, individuals, and the state.
Explanation:
The term 'joint sector' is applied when both its ownership and control are effectively shared between public sector agencies and a private group. The basic idea of the concept is a combination of joint ownership, joint control, and professional management.
The joint sector would include units in which both public and private investments takes place and where the state takes an active part in direction and control.
Types of Industries – based on Ownership.
1. Public Sector Industries: These are owned and operated by the Government of India. They are termed Public Sector Undertakings (PSUs). There are three different types of Public Sector Undertaking(PSU).They are Maharatna, Navaratna, Miniratna.
2. Private Sector Industries: These are operated and owned by individuals or a group of individuals.
3. Joint Sector Industries: Joint sector industries are owned and operated by a group of individuals, individuals, and the state.
4. Co-operative Sector Industries: These are operated and owned by workers, suppliers, and producers of raw materials.
Click the link below for more information on the Classification of Industries.
https://brainly.in/question/81509
https://brainly.in/textbook-solutions/q-classification.