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INDUSTRIAL SECTOR — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDUSTRIAL SECTOR3 Marks
Question
What are departmental industries?
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Answer

epartmental industries:

  • The industries run, financed, and managed by government departments are called departmental industries.
  • The minister of the specific department is the ultimate in-charge of such an enterprise. Civil servants look after the operations.
  • Government decides the management of expenditure and income of such industries through its budget.

Example:
Railways, post and telegraph, radio and television broadcasting, etc.

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