Question 13 Marks
Differentiate between : Public sector and joint-sector Industry
Answer
View full question & answer→| Public Sector industry | Joint Sector industry |
| The ownership and the administration of the public sector industry are in the hands of the Government; e.g., Hindustan Aero nautical Limited, Steel Authority of India Ltd., Bharat Heavy Electricals Ltd., etc. are public industries. | The ownership of the joint sector industry is in the hands of either the Government and the Individual or the Government and a group of individuals, e.g., Maruti Suzuki Ltd. and Oil India Ltd./ and industries of joint sector. |