Question

What is the importance of public sector for development of a economy?

Answer 1

Hey Mate

your answer is.........

Public sector in India has been playing a definite positive role in generating income in the economy. The share of public sector in net domestic product (NDP) at current prices has increased from 7.5 per cent in 1950-51 to 21.7 per cent in 2003-04. Again the share of public sector enterprises only (excluding public administration and defence) in NDP was also increased from 3.5 per cent in 1950-51 to 11.12 per cent in 2005-06.

hope it helps you

Answer 2

Answer:HEY MATE , YOUR ANSWER FOR THIS QUESTION IS

✌

Explanation:

Hey Mate

your answer is.........

Public sector in India has been playing a definite positive role in generating income in the economy. The share of public sector in net domestic product (NDP) at current prices has increased from 7.5 per cent in 1950-51 to 21.7 per cent in 2003-04. Again the share of public sector enterprises only (excluding public administration and defence) in NDP was also increased from 3.5 per cent in 1950-51 to 11.12 per cent in 2005-06.

hope it helps you

Click to let others know, how helpful is it

Read more on Brainly.in - https://brainly.in/question/9285064#readmore