question_answer

Why has the government taken up the responsibility of public sector activities in a country like India? Explain any three reasons.                                       (1)  

Answer:

Three examples of public sector activities are (i) Railways Only the government can invest large sums of money on projects with a long gestation period. (ii) All India Institute of Medical Sciences (AIIMS) Providing quality health services at economical rates was the main purpose of the government. (iii) National Thermal Power Corporation (NTPC) To provide electricity at a rate lower than actual cost was the main objective of the government, to protect and encourage the small scale industries.