why is public sector important in any economy?
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The prime purpose of startingpublic sector enterprises was to fabricate infrastructure foreconomic growth and economicdevelopment. Since their birth PSUs have played an essential role in achieving the goal of economicdevelopment. ... Improving thefinancial performance of PSUs.
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Public sector is important in any economy to maintain or accelerate the pace or growth of the economy. It may compete with private sector.
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