This document discusses the roles of the public, private, and service sectors in India. It outlines that the public sector provides basic services and infrastructure, while pursuing objectives like balanced regional development and employment growth. The private sector contributes to income, savings, and capital formation. India's service sector has rapidly grown to account for over half of GDP, with fast growth in IT, telecommunications, finance, and other services.

1. Topic: Role of Public, Private & Service Sector
Subject: Growth & Structure of Industries
Course- BBA II
Unit-2
Prepared by: Prof. RITIKA SINGH

2.  Introduction of public sector in India
 Objectives of public sector
 Roles played by the public sector in India
 Role of private sector in India
 Service sector in India
 Reasons for rapid service growth

3.  The public sector refers to the part of the economy
concerned with providing basic government
services.
 Includes such services as the police, military,
public roads, public transit, primary education and
healthcare for the poor.
 The part of national economy providing basic
goods or services that are either not, or cannot be,
provided by the private sector.
 It consists of national and local governments, their
agencies, and their chartered bodies.

4.  Public sector enterprises offer a wide
range of products and services which
include: Manufacturing of
 steel
 heavy machinery
 machine tools
 instruments
 heavy machine building
equipment
 heavy electrical equipment for
thermal stations
 transportation equipment
 telecommunication equipment
 ships and sub-marines
 fertilizers
 drugs and pharmaceuticals
 petrochemicals
 cement
 textile

5.  Mining of coal and minerals
 Extraction and refining of crude oil
 Operation of air, sea, river and road transport
 National and international trade
 Consultancy
 Contract and construction services
 Inland and overseas telecommunication services
 Financial services
 Consumer items such as newsprint, paper and
contraceptives
 Hotel and tourism services

6.  To provide basic infra. Facilities like power,
electricity, water, roads, communication etc.
 Balanced regional development by establishing
industrial undertakings in backwards areas
 To reduce inequalities of income and wealth
(taking profits of certain heavy industries from
private individuals)
 To avoid concentration of economic power in a few
private hands or small groups
 To promote rapid economic development by filling
gaps in the industrial sector

7.  To increase employment opportunities, to
raise per capita income
 To undertake economic activities which are
strategically important for growth , if left to
the private sector, may distort the economy

8.  Development of infrastructure facilities
 Laying a strong base of industrialization
 Public sector and development of critical industrial
areas ( iron and steel, coal, oil, electricity, chemicals,
heavy machinery, defense goods
 Public sector and export promotion
 Public sector and import substitution
 Public sector and growth of ancillary industries
 Public sector and mobilization of internal resources
for development
 Employment generation
 Contribution in GDP

9.  Includes individual enterprises, partnerships
and joint stock companies, and industrial
units in the cooperative sector
 Textiles, sugar, jute manufacturer, paper,
cement, consumer durables, FMCG etc.

10.  Contribution in National Income
 Employment generation
 Contribution in Gross domestic savings
 Contribution in Gross capital formation

11.  Service Sector of Indian Economy
 contributes to around 55 percent of India's
GDP during 2006-07.This sector plays a
leading role in the economy of India, and
contributes to around 68.6 percent of the
overall average growth in GDP between
2002-03 and 2006-07.

12.  The service sectors of Indian economy that have grown
faster than the economy are as follows:
 InformationTechnology (the most leading service sectors in
Indian economy)
 IT-enabled services (ITeS)
 Telecommunications
 Financial Services
 Community Services
 Hotels and Restaurants

13.  A statistics concerning the growth of India's service sectors are listed
below:
 The software services in Indian economy increased by 33 percent which
registered a revenue of USD 31.4 billion
 Business services grew by 82.4 percent
 Engineering services and products exports grew by 23 percent and earned
a revenue of USD 4.9 billion
 Services concerning personal, cultural, and recreational had a growth of
96 percent
 Financial services had a rise of 88.5 percent
 Travel, transport, and insurance grew by 23 percent