Question

Analyse the role of public sector in the Indian economy in terms of the following:

Share in employment

Answer 1

The public sector in India plays a significant role in providing employment opportunities within the organized sector of the economy. It employs about 70% of the workers engaged in the organized sector. Out of the total employment in the public sector, around 50% is in government administration, defence, and other government services such as health and education. The remaining 50% of public sector employment is in various economic enterprises run by the central, state, and local governments.