what is the difference between joint and public sector industries
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in joint sector the benefit earn from industry is distributed among every owner of factory who invest in it and the owner of this Industry is not only one person ,it is a group of people.
private sector is owned by only one person and their benefit comes in hand of one person
private sector is owned by only one person and their benefit comes in hand of one person
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aloha!
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Joint sector industries
1). Joint sector industries are owned and operated by the state or individual or group of individual.
2). Examples:- Maruti Udyog Limited.
Public sector industries
==> Public sector industries are owned and operated by government.
==> Example:- Hindustan Aeronautics Limited.
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hope it helps :)
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