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How is profit shared between government and private individuals in a joint sector?
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How is profit shared between government and private individuals in a j...
According to the guidelines laid down by the Government of India, the share capital of a joint sector undertaking (without foreign participation) is to be divided as follows: gov­ernment 26 per cent, private businessmen 25 per cent and the public 49 per cent.
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How is profit shared between government and private individuals in a joint sector?
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