Public sector industry and Private industry.
Q.3 (2) Public sector industry and Private industry.
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Answer:
| Point | Public sector industry | Private industry |
|---|---|---|
| Ownership | Owned and managed by the government (central or state). | Owned and managed by an individual or a group of individuals. |
| Aim | Main aim is public welfare and balanced development. | Main aim is profit. |
| Capital | Capital is provided by the government. | Capital is raised by the owners, shareholders or loans. |
| Type of industries | Usually heavy, basic and strategic industries. | Mostly consumer goods and medium or small industries, also some large ones. |
| Examples | Bhilai Steel Plant, BHEL, HAL. | Tata Iron and Steel Co. (Jamshedpur), Reliance Industries. |
Doubtly AI
· 28 Oct 2026
AI-verified · Oct 2026
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