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Indian Economy 1950-1990 — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIndian Economy 1950-19904 Marks
Question
Enumerate the various objectives of a Public Sector Undertaking.
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Answer

The main objectives of the Public Sector Undertaking were:
  1. To ensure long-term economic progress of the country.
  2. To help the country to progress economically by providing basic infrastructural facilities.
  3. To facilitate the balanced economic development of the country.
  4. To achieve social justice by ensuring equitable distribution of income.
  5. To provide employment opportunities to a large proportion of population.
  6. To gainfully use the profits from entrepreneurial ventures for the development of the country.
  7. To ensure that the country is self-reliant in key areas.
  8. To help in the earnings of foreign exchange.

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