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Difference between Public Sector & Private Sector |
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Answer» 1) PUBLIC SECTOR = under Government. Objective is not only profit but public welfare. Eg :- Indian Railways, Indian Postal Network, etc. 2) PUBLIC SECTOR = under individuals and private companies. Objective is not welfare but monetary profits. Eg :- TISCO, RIL, etc. Public sector - the government owns the assets and provides all the services.Ex - Electricity Board.Private sector - ownership of assets and delivery of services is in tje hands of private holders.Ex - Reliance Industries Limited. Public sector provide a government and private sector provide individual group The jobs provided by government is called public sector. And the job owned by the group of people or individual is called private sector. |
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