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Explain the role of government in …

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Explain the role of government in the public sector.
  • 3 answers

King Adithya H M... 5 years, 1 month ago

The public sector refers to all those occupations and economic activities which are owned and controlled by the government. The main aim is not only to earn profits but also to provide key services to the people at low costs

Yogita Ingle 5 years, 1 month ago

Role of government in public sector are as follows :
1) Develpoment of infrastructure- Development of infrastructure comprising transprot, power communication, basic industries,etc. is a pre condition of growth. These projects don't promise high profits thus private entrepreneurs don't undertake them.
2) Develpoment of backward areas- The goal of achieving a reduction in economic inequality between regions becomes easy to reach, if industries are setup in the backward areas. The govt. finds it necessary to start industrial production there.
3) Basic facilities- Providing health, education facilities for all is an example. Running proper schools providing quality education, particularly elementary education is the duty of govt.
4) Other problems- Malnourishment, high infant mortality rate, unsafe drinking water, lack of housing facilities etc need special attention. These problems can be only solved by the govt.

Rashu Siuu 5 years, 1 month ago

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