Question

what was the role of the public sector before 1991
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Answer 1

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❥The following points highlight the role of the public sector in industrial development in the pre-1991 period. In such a scenario, it was only the public sector that could mobilise the huge amount of investment required. Hence, this sector was assigned the role of developing infrastructure.

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Answer 2

Answer:

i) The public sector helped in the infrastructure development for different sectors and also made investment in some of the core areas. ii) The public sector invested in those projects that required huge amount of investment and were generally made for a long period of time.