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Which of the following industry is NOT reserved for public sector undertakings?
- a)Sugar industry
- b)Atomic industry
- c)Arms
- d)Railway industry.
Correct answer is option 'A'. Can you explain this answer?
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Which of the following industry is NOT reserved for public sector unde...
Not all industries in India are reserved for public sector undertakings. The government has reserved certain industries for public sector undertakings to maintain control over key sectors of the economy.
Industries reserved for Public Sector Undertakings:
1. Atomic energy
2. Arms and ammunition and allied items of defense equipment, defense aircraft and warships
3. Iron, steel, and other metals
4. Mineral oils
5. Mining of iron, coal, and lignite
6. Power generation and distribution
7. Railways transport
Industries NOT reserved for Public Sector Undertakings:
1. Sugar industry
2. Information technology
3. Textiles
4. Pharmaceuticals
5. Automobiles
6. Banking and finance
7. Retail
Explanation:
In India, the government has reserved certain industries for public sector undertakings to maintain control over key sectors of the economy. These industries are those that are considered to be of strategic importance to the country. The government's objective in reserving these industries is to ensure that they are operated in the public interest and that the benefits of the industries are shared equitably among the citizens of the country.
Industries that are not reserved for public sector undertakings are open to private sector participation. Private sector companies can invest in these industries and operate them for profit. The government does not have any special control over these industries, and they are subject to the same regulations and laws as any other industry.
In conclusion, the sugar industry is not reserved for public sector undertakings. This means that private sector companies can invest in and operate sugar factories in India.
Industries reserved for Public Sector Undertakings:
1. Atomic energy
2. Arms and ammunition and allied items of defense equipment, defense aircraft and warships
3. Iron, steel, and other metals
4. Mineral oils
5. Mining of iron, coal, and lignite
6. Power generation and distribution
7. Railways transport
Industries NOT reserved for Public Sector Undertakings:
1. Sugar industry
2. Information technology
3. Textiles
4. Pharmaceuticals
5. Automobiles
6. Banking and finance
7. Retail
Explanation:
In India, the government has reserved certain industries for public sector undertakings to maintain control over key sectors of the economy. These industries are those that are considered to be of strategic importance to the country. The government's objective in reserving these industries is to ensure that they are operated in the public interest and that the benefits of the industries are shared equitably among the citizens of the country.
Industries that are not reserved for public sector undertakings are open to private sector participation. Private sector companies can invest in these industries and operate them for profit. The government does not have any special control over these industries, and they are subject to the same regulations and laws as any other industry.
In conclusion, the sugar industry is not reserved for public sector undertakings. This means that private sector companies can invest in and operate sugar factories in India.
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Community Answer
Which of the following industry is NOT reserved for public sector unde...
According to the new industrial policy of 1991there are only three industries reserved for public sector and they're : railways , atomic energy and defence .
This is because of the need for security to be maintained especially in the functioning of the atomic energy and defence of the country .
sugar industry is not reserved for public sector as the private sector can control the functioning of it well .
This is because of the need for security to be maintained especially in the functioning of the atomic energy and defence of the country .
sugar industry is not reserved for public sector as the private sector can control the functioning of it well .
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Which of the following industry is NOT reserved for public sector undertakings?a)Sugar industryb)Atomic industryc)Armsd)Railway industry.Correct answer is option 'A'. Can you explain this answer?
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