Question

What re the significance of public sector organisations

Answer 1

Answer:

Significance of Public Sector Organization :-

(1) Generation of Income,

(2) Capital Formation,

(3) Employment,

(4) Infrastructure,

(5) Strong Industrial Base,

(6) Export Promotion and Import Substitution,

(7) Contribution to Central Exchequer,

(8) Checking Concentration of Income and Wealth, and

(9) Removal of Regional Disparities.