Question

Give any four objectives of establishing Public Enterprises.

Answer 1

Public enterprises have been established in India to achieve several objectives, some of which are listed below:

1. Public enterprises are established in underdeveloped regions to solve regional inequities and promote balanced development across the country.
2. These kinds of companies increase job opportunities, leading to higher per capita income and purchasing power.
3. These enterprises promote economic and social fairness.
4. Public enterprises are now producing capital commodities that were previously imported.