The public sector was set up on the premise of economic development with social justice. To build strong infrastructure for the country and to meet social objectives, PSUs were established in backward regions and employed a large number of people ù 25 lakh people till 1989.
Tag: SCOPE
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DRIVERS OF GROWTH
The existence of public sector companies over more than six decades can be divided into three distinct phases; namely, post Independence, post liberalisation and the present