How is insufficient production of public …
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Posted by Srabanti Sarania 5 years, 3 months ago
- 2 answers
Gaurav Seth 5 years, 3 months ago
During the process of Industrialisation, public sector has been given high priority, the development of heavy and capital bases industries was in hands of public sector but the functioning of public enterprises has suffered due to red tapism and corruption due to which public sector started incurring huge losses and this has became a reason for adaption of economic reforms and privatisation has been introduced to overcome such loss.
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Yogita Ingle 5 years, 3 months ago
During the process of Industrialisation, public sector has been given high priority, the development of heavy and capital bases industries was in hands of public sector but the functioning of public enterprises has suffered due to red tapism and corruption due to which public sector started incurring huge losses and this has became a reason for adaption of economic reforms and privatisation has been introduced to overcome such loss.
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