Which public interest is important to keep in mind for the
establishment of the industry? in breif?
Answers
Answer:
By using empirical methodology, this paper investigates to what extent the public interest and the private interest theories, respectively, explain the actual regulatory process. Our estimation findings are as follows: First, on average (whole industry basis), the explanation power of the public interest theory is about 46– 78%, while that of the private interest theory is about 22–54%. Second, the explanatory power of the public interest theory is higher in non-public utility industries, while that of the private interest theory is higher in public utility industries. This suggests that regulations on non-public utility industry are constructed largely with social welfare in mind, as assumed in conventional neoclassical welfare economics, but that those in the public utility industry tend to be captured largely by private groups, as assumed in private interest theory.it is mostly that by the establishment of industries people living there get affected by the sound of industries and the water stream also get polluted due to he chemical released. for these industries sould be build out of the city
and the care should be taken that truble should not cause the local people
the public interest are important for the welfare of the citizens of the country
public interest for
establishment of industries are
•transportation and communications facilities
•proper electricity facilities.
Explanation:
Answer:
ANSWER
The introduction of Public Interest Litigation (PIL) in the 1980s is a significant step in ensuring access to justice for all because it also keeps in mind the interests of the illiterate and poor who are not educated enough or cannot afford to access the Indian legal system for justice against exploitation or violation of their basic human and Fundamental Rights. make this brainlist answer