With reference to the industries of India, explain: -SST 10th

1 Answer

Answer :

(i) Joint sector industries are owned and managed jointly by the government and private firms who have contributed their capital but the day-to-day management is in private hands. (ii) Co-operative industries are owned and run co-operatively by a group of people who usually produce the raw material, e.g., sugar mills are owned and run by farmers producing sugarcane.

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