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Public Sector Since Independence

Since Independence, the public sector has played a significant role in India's economic development and governance. The public sector refers to the part of the economy that is owned and operated by the government. Here are some key aspects of the public sector in India since Independence: 1. Industrial Development: The public sector played a crucial role in industrial development by establishing and operating key industries. Public sector enterprises (PSEs) were set up in sectors such as steel, coal, oil, heavy machinery, power generation, telecommunications, and defense. These enterprises aimed to drive industrial growth, create employment opportunities, and promote self-reliance in strategic sectors. 2. Infrastructure Development: The public sector has been instrumental in developing critical infrastructure in India. Public sector entities have been involved in the construction and operation of infrastructure projects such as roads, railways, ports, airports, power plants, and ir...