Public Sector: Owned and controlled by the government for public welfare. Example – Indian Railways, BHEL. Private Sector: Owned and operated by individuals or companies for profit. Example – Tata Motors, Reliance Industries.Thus, the public sector focuses on service, while ...
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India adopted a multiparty system because of its vast diversity in culture, language, and religion. It allows regional and national interests to be represented democratically.
Political parties link people with the government. They contest elections, form policies, and represent citizens’ interests. Without them, democracy cannot function effectively.
A good democracy ensures citizens’ participation in decision-making. When more people share political power, it strengthens equality, accountability, and public trust in governance.
Liberalisation in the 1990s removed trade barriers and encouraged foreign investments. It allowed global companies to operate in India, promoting free trade, competition, and integration with the world economy.