False because it is in co-operative sector industries which is owned and run by producers and suppliers .

Explanation:

Joint sector industries:
Joint sector industries refer to those industries that are jointly owned and operated by both the government and private individuals or companies. In joint sector industries, both the government and private sector contribute to the share capital of the company and participate in its management.

Sudha Dairy:
Sudha Dairy is a popular milk brand in India, particularly in the state of Bihar. It is owned and operated by the Bihar State Milk Co-operative Federation Ltd. (COMFED), which is a government-owned organization. Sudha Dairy is not a joint sector industry because it is solely owned by the government and does not have any private sector participation.

Reason for the correct answer:
The correct answer is option 'B' (False) because Sudha Dairy is not a joint sector industry. It is a government-owned dairy company and does not involve any private sector participation.

Benefits of joint sector industries:
1. Shared investment: Both the government and private sector share the investment required for the establishment and operation of the industry.
2. Expertise and resources: Joint sector industries can benefit from the expertise and resources of both the government and private sector, leading to improved efficiency and productivity.
3. Risk sharing: The risk associated with the business is shared between the government and private sector, reducing the burden on either party.
4. Employment generation: Joint sector industries create employment opportunities for both government and private sector employees.
5. Balanced development: Joint sector industries help in achieving a balanced development by combining the strengths of both sectors.

In conclusion, Sudha Dairy is not a joint sector industry. It is solely owned and operated by the government. Joint sector industries involve both government and private sector participation and contribute to the growth and development of the economy.