Factors Afecting Investment in Public Sector
Investment in public sector is induced by objectives like defence of the country, economic development and social welfare. Investment in this sector is independent of income or profit motive. Investment must be made, if deemed necessary for the defence of the country or the welfare of the people irrespective of any profit or income.
Deficiency of private investment also calls for public investm…
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This article is a part of our content of Integrated UPSC /IAS General Studies - Target 2018 membership programme.