Geography
Give two points of difference between a public sector and a private sector industry.
Answer
The differences are-
| Public Sector Industry | Private Sector Industry |
|---|---|
| These industries are owned and managed by the Central Government or the State Government. They include public utility industries like railways, post & telegraph, oil refineries, heavy engineering industries, defence establishments, etc. | These industries are owned and managed by an individual or group of individuals. |
| For example, Bharat Heavy Electricals Limited (BHEL), Gas Authority of India Limited (GAIL), etc. | For example, Reliance Industries Limited (RIL), Infosys, etc. |