Question

which sector are encouraged by the Govt four the economic development​

Answer 1

Explanation:

Here we detail about the following nine important roles played by public sector in Indian economy, i.e., (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

Answer 2

Answer:

The private sector is critical to economic growth and poverty reduction, but it cannot and does not act alone. Government plays a central role in supporting economic growth and reducing poverty.

Explanation:

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