What is the role of government …

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Posted by Surekha Kishan 4 years, 11 months ago
- 4 answers
ಹರ್ಷನಂದ ಹರ್ಷನಂದ 4 years, 11 months ago
Gaurav Seth 4 years, 11 months ago
Role of public sector/government
(i) It ensures rapid economic development.
(ii) It promotes redistribution of Income and wealth.
(iii) It develops industries which require huge investment.
(iv) It ensures balanced regional growth.
(v) It prevents concentration of economic power.
(vi) It generates resources for development.
(vii) It promotes import substitution.
(viii) It generates employment.
(ix) It helps in development of small-scale industries.
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Gourav Thakur Thakur 4 years, 11 months ago
0Thank You