ECONOMICS CH2 Public and Private Sectors — Social Science STD 8 — Question

Industries are classified as the public sector in India owes its origin in the 1956 industrial policy resolution of the government of India. According to it industries were classified as
Schedule A:
The industries which would be exclusively owned by the state are refered as schedule A.
Schedule B:
The industries in which the private sector could supplement the efforts of the state taking the responsibility for starting new units are called schedule B.
Schedule C:
The remaining industries which were in the private sector are mentioned as schedule C.