Explain how public sector contributes to the economic development of a nation

9 months ago It promotes rapid economic development through creation and expression of infrastructure. ii It creates employment opportunities. iii It generates financial resources for development. iv It ensures equality of income wealth and thus a balanced regional development. Private sector is also very important for our economic growth. Disclaimer अपनी वेबसाइट पर हम डाटा संग्रह टूल्स, जैसे की कुकीज के माध्यम से आपकी जानकारी एकत्र करते हैं ताकि आपको बेहतर अनुभव प्रदान कर सकें, वेबसाइट के ट्रैफिक का विश्लेषण कर सकें, कॉन्टेंट व्यक्तिगत तरीके से पेश कर सकें और हमारे पार्टनर्स, जैसे की Google, और सोशल मीडिया साइट्स, जैसे की Facebook, के साथ लक्षित विज्ञापन पेश करने के लिए उपयोग कर सकें। साथ ही, अगर आप साइन-अप करते हैं, तो हम आपका ईमेल पता, फोन नंबर और अन्य विवरण पूरी तरह सुरक्षित तरीके से स्टोर करते हैं। आप कुकीज नीति पृष्ठ से अपनी कुकीज हटा सकते है और रजिस्टर्ड यूजर अपने प्रोफाइल पेज से अपना व्यक्तिगत डाटा हटा या एक्सपोर्ट कर सकते हैं। हमारी

The public sector contributes to the economic development of a nation by not mere financial profits. The public sector plays a vital role in contributing to the Human Development Index via its functioning in health and education services. Also, by buying food grains at a "fair price" from farmers, providing electricity, water, postal services at low rates, the government ensures that the people have a good living. It utilises taxes and grants to pay for the same. Thus, it plays a vital role in adding to the economic development of a nation, based on its human development situation.

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The public sector contributes a lot to the economic development of a nation. a. The promotion of rapid economic growth takes place through infrastructure development. b. Employment opportunities are created. c. Public sector produces financial support which is required for development. d. It ensures the equality of income, and hence equal economic development. e. It encourages the development of small, medium and cottage industries through markets and transport facilities. f. It ensures the easy availability of goods at subsidized rates. Apart from this, it also contributes to community development through the introduction of BMI (Body Mass Index). 28 (1) Two features A and B are marked on the given political map of India. Identify these features with the help of the following information and write their names on the lines marked on the map. A. Rubber Producing State B. National Highway (2) On the same outline map of India locate and label the following. C. Bhubaneshwar Software Technology Park D. Tehri Dam

Public sectors are owned and controlled by the Government. The public sector contributes to the economic development of a nation in the following ways: a. Many essential things are provided by the public sector at a cost which is affordable by all classes of society. b. Many industries which require huge capital are set up by the public sector. c. The aim of the public sector is to benefit society and not making profit alone. Railways and Post Offices are some examples of the public sector. 9 “Print created the possibility of the wide circulation of ideas and introduced a new world of debate and discussion.” Analyse the statement in the context of religion in Europe. OR “Premchand’s novels are filled with all kinds of powerful characters from all levels of society.” Analyse the statement with examples. 26 (A) Two features (a) and (b) are marked on the given political outline map of India. Identify these features with the help of the following information and write their correct names on the lines marked on the map : (i) The place where the Indian National Congress Session was held. (ii) The city where ‘Jallianwalla Bagh’ incidence took place. (B) Locate and label the following with appropriate symbols on the same given outline political map of India : (i) Kandla : Major Sea Port (ii) Bhilai : Iron and Steel Plant (iii)Kaiga : Nuclear Power Plant 26 Note : The following questions are for the Visually Impaired Candidates only in lieu of Q. No. 26 : (i) Name the place from wh...

In the following ways, Public Sector contributes to the economic development of a nation. (i) It promotes rapid economic development through creation and expression of infrastructure. (ii) It creates employment opportunities. (iii) It generates financial resources for development. (iv) It ensures equality of income, wealth and thus a balanced regional development. (v) It encourages the development of small, medium and cottage industries. (vi) It ensures easy availability of goods at moderate rates. (vii) Contributes to community development i.e., to the Human Development Index (HDI) via health and educational services. Categories • • (31.9k) • (8.8k) • (764k) • (248k) • (2.9k) • (5.2k) • (664) • (121k) • (26.8k) • (26.9k) • (11.1k) • (18.4k) • (36) • (72.1k) • (3.8k) • (19.6k) • (1.4k) • (14.2k) • (12.5k) • (9.3k) • (7.7k) • (3.9k) • (6.7k) • (63.8k) • (26.6k) • (23.7k) • (14.6k) • (25.7k) • (530) • (84) • (766) • (49.1k) • (63.8k) • (1.8k) • (59.3k) • (24.5k)

• Creation of infrastructure: Public sector promotes the economic development since it brings about creation and expansion of infrastructure and the infrastructure plays an important role in economic development. • Generates financial resources: Public Sector provides for various employment opportunities since major part of public sector depends on fhanpower and higher employment opportunities implies higher generation of financial resources for economic development. • Contributes to HDI: Public sector majorly contributes to the Human Development Index since health and education industries come under the purview of public sector. • Availability of goods: Public sector helps in availability of goods at moderate rates, which helps in maintaining financial security and thus helps in economic development. • Provides encouragement: It provides encouragement to small, medium and cottage production units. It also strives for the creation of welfare state.