why have most of the iron and steel plants set up in public sector??
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The public sector industries are owned and operated by government such as Hindustan Aeronautics Limited and Steel Authority of India Limited.The inputs for industries include raw materials along with labour and capital,site and other infrastructure. These all are not affordable by any private company if yes then it would have very much capital as we know the government has the large capital so most of the plants of iron and steel are set up in public sector.
rockon:
Wish it would help u...
thanks!
Never mind ....Your most welcome..
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It is because to get raw materials and skilled and unskilled workers and easy access to transportation facilities such as railway ,airway and sea way etc.
but all airways are not public sector what about the airways which are private company's??
it's exceptional if it is there so . But in big cities it is mostly there . It can be used for exporting finished goods .
okay! anyways thanks...
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