Question

Examine the role of Public Sector in the development and well-being of a country. /22/AABB1 (5 × 3=15)

Accepted Answer

i. In the public sector govt. owns most of the assets and provides all the services. ii. It promotes rapid economic development through infrastructure creation. iii. It constructs roads, bridges, railway, harbors, generates electricity etc. iv. Providing irrigation through dams etc. v. Fair Price Ration shop. vi. It creates employment opportunities. vii. Attention to aspect of human development such as availability of safe drinking water. viii. Housing facilities for the poor. ix. The Public sector plays a vital role in contributing to the Human Development Index via its functioning in health and education services.

Examine the role of Public Sector in the development and well-being of a country. /$\displaystyle 22$/AABB1 \[(5 \times 3=15) \]

Marking-scheme solution