Question

what is meant by public sector? give any two examples of public sector enterprises in india.explain any three public sector activities which the government has taken up and why did it do so?

Answer 1

PUBLIC SECTOR.- In this sector, most of the services are owned by the govt. and they provide all the services.
EXAMPLES- railways, transportation(DTC), post and telegraph etc.
Three public sector act. :-
1. PDS (Public distribution system)- The govt. provide this service in india to ensure food security of the citizens
2. DTC- Initiated by the gov. of India for comfort and convenient transport facilities.
3. MSP(MINIMUM SUPPORT PRICE)- Gov. takes crops from area where there is more production from the farmers at a fair price and sell to poor consumers at a lower price.
ALL THESE PUBLIC ACTIVITIES ARE TAKEN BY THE GOVT. FOR THE BENEFIT OF THE SOCIETY SO THAT THE PEOPLE COULD LIVE A BETTER LIFE.