Question
Distinguish between the followings.
Public sector and joint sector industry
Public sector and joint sector industry
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Public-sector industry
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Joint-sector industry
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1
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Public-sector industry is owned and operated by the government.
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It is jointly owned and operated by the government and individuals 0r a group of individuals.
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2
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Here the objective is Profit as well as Social Walfare.
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Here the objective is profit only.
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3
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Hindustan Aeronautics Limited, Steel Authority of india Limited are examples of Public-sector industry.
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Maruti udyog Limited are examples of joint-sector industry.
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