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Give Two Examples of Public Sector Industries
By BYJU'S Exam Prep
Updated on: September 25th, 2023
The Public sector is a section of the economy that includes the organisations that are owned by the government. It can include schools, hospitals, colleges, roads, bridges, etc. Different industries are also a part of the public sector and operate under the guidance of the government. A few examples of public sector industries include:
- Coal India Limited (CIL)
- Gas Authority of India Limited (GAIL)
- National Thermal Power Corporation (NTPC)
- Bharat Heavy Electricals Limited (BHEL)
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Answer:
Two examples of public sector industries are Coal India Limited (CIL) and National Thermal Power Corporation (NTPC)
Furthermore, the funding for the public sector industries comes through a variety of methods like tax, financial transfers and fees. The public sector organisations can be divided into educational institutions, healthcare institutions, transportation facilities and utilities.
Summary:
Give Two Examples of Public Sector Industries
The public sector is the section of the economy that is funded by and operates under the government. It can include organisations that come under education, healthcare, utilities, transportation, etc. A few examples of public sector industries include – Coal India Limited (CIL), National Thermal Power Corporation (NTPC), Gas Authority of India Limited (GAIL), and Bharat Heavy Electricals Limited (BHEL).
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