wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Who are the partners in a joint sector industrial unit?

Open in App
Solution

The units in which both public and private investments have taken place and where the state takes an active part in direction and control are known as a joint sector industrial units.
Central Government, state governments and private entrepreneurs can be the partners in joint sector industrial units.
Sometimes, only the central government can set up units with private entrepreneurs or sometimes the central government and one or more State Governments together may set up enterprises in partnership with the private sector.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Second Plan
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon