Describe the role of 'private sector' in the economic development of the country.

(i) Maximum contribution to the secondary and tertiary sector comes from private sector which leads to the economic development of the country.

(ii) After liberalization, private sector has played major role to boost the manufacturing sector.

(iii) It is playing instrumental role in flourishing Cotton textile industries at present.

(iv) Maximum investment in the field of information technology is coming from private sector.

(v) It is also playing a major role in providing employment.

(vi) Service sector such as healthcare, postal services, online business including doorstep delivery is dominated by private sector.