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This channel is created with an aim to provide UPSC specific notes of Economy for both prelims and mains.
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The latest Messages 17
2021-07-27 07:30:04
ON THE BASIS OF HABITATION
1. RURAL SECTOR :
According to M.K. Gandhi, "India lives in villages".About 65% of the total population in India reside in rural areas.
The main occupations of the people of this sector are agriculture and allied
activities.
10.1K viewsedited 04:30
2021-07-26 07:30:08
PRIVATE SECTOR
It comprises of all the economic
enterprises which are controlled and
managed by the private enterprises.All
the privately-owned production units
make up the private sector.
These units will produce and sell the goods and services to the people with an objective of the profit motive.
9.6K views04:30
2021-07-25 07:30:05
On the basis of Ownership or
Organization:
PUBLIC SECTOR
It consists of all the economic
organizations that are controlled and
managed by the government. All the
government-owned production units comprise the public sector.
These units are involved in the production and distribution of goods and services among the common mass with an objective of welfare motives.
9.7K views04:30
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