Question

why was public sector given a leading role in industrial development during the planning period?​

Answer 1

• There was neither much private capital nor did India have international investment credibility so as to attract foreign investment.Thus, the government played the leading role to provide the basic framework of heavy industries and infrastructure through public sector to facilitate the private sector.

Answer 2

Answer:

$\Huge \underline {\red {\bf{Answer}}}$

The government played the leading role to provide the basic framework of heavy industries and infrastructure through public sector to facilitate the private sector.