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What was the role of the public sector b...

What was the role of the public sector before 1991?

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The role of public sector before 1991 is explained below.
i) The public sector helped in the infrastructure development for different sectors and also made investment in some of the core areas.
ii) The public sector invested in those projects that required huge amount of investment and were generally made for a long period of time.
iii) The public sector was given utmost importance during the Five year plans to perform various activities.
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