Question

Write short notes on Public sector industries.

Answer 1

• Public sector industries are owned by the state.
• The investments in public sector industries is done by the government. Also, marketing of goods is done through government agencies.
• Public sectors include public goods and governmental services such as military, law enforcement infrastructure (public roads, bridges, tunnels, water supply electrical grids, health, etc.).
• Bharat Heavy Electrical Limited (BHEL) is one of the largest engineering and manufacturing companies of its kind in India engaged in designing engineering construction.