Which sector is called public sector? Give some examples

1.	Which sector is called public sector? Give some examples
Answer» Wjat do you mean by national development Companies which are run and financed by the Government comprise the public sector. After independence, India was a very poor country. India needed huge amount of money to set up manufacturing plants for basic items like iron and steel, aluminium, fertilizers and cements. Additionally, infrastructure like roads, railways, ports and airports also require huge investment. In those days, Indian entrepreneur was not cash rich so government had to start creating big public sector enterprises like SAIL (Steel Authority of India Limited), ONGC(Oil & Natural Gas Commission), etc. The sectors which is runned by government is called public sector. For example- law enforcement, public education,public safety,etc. Any sector which is controlled and managed by the government it self is called public sector .e.g-- indian railways, post office, the BSNL

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