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Question

Distinguish between the following

(i) Agro-based and mineral-based industry

(ii) Public-sector and joint-sector industry

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Solution

(i)

Agro-based industry

Mineral-based industry

Uses plant and animal products as raw materials

Uses mineral ores as raw materials

Source of employment for people in rural areas

Source of employment for people in rural as well as urban areas

Example: Dairy industry, cotton textile industry

Example: Iron and steel industry, heavy machinery industry

(ii)

Public-sector industry

Joint-sector industry

Owned and operated by the government

Jointly owned and operated by the government and individuals or a group of individuals

Example: Hindustan Aeronautics Limited, Steel Authority of India Limited

Example: Maruti Udyog Limited


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