Which of the following sectors, even after the changes of 1991, remained a public sector?a.Railwaysb.Constructionc.Bankingd.Communication
Question
Which of the following sectors, even after the changes of 1991, remained a public sector?
a. Railways
b. Construction
c. Banking
d. Communication
Solution
To answer the question regarding which sectors remained a public sector even after the changes of 1991 in India, it's essential to analyze the impact of the liberalization policies introduced during that time.
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Railways: The Indian Railways continued to be a public sector entity after 1991, as it plays a crucial role in transportation and is managed by the government.
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Construction: The construction sector saw a significant amount of privatization and liberalization, allowing private entities to undertake major projects, thus not remaining strictly in the public sector.
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Banking: While some reforms occurred, many banks remained under government control. However, this sector started to see the entrance of private and foreign banks post-liberalization.
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Communication: The telecommunications sector experienced substantial privatization in the 1990s, moving away from being solely under public control.
Final Answer
The sector that remained a public sector after the changes of 1991 is a. Railways.
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