Year: 2025 | Month: March | Volume 70 | Issue 1
Editorial
Debashis Sarkar
DOI:10.46852/0424-2513.1.2025.1
Abstract:
The private sector in the Indian economy has played a strategic role in documenting the growth model of India. It has encouraged innovation and created a source of employment along with high-quality economic development. It works in tandem with the public sector as a major form of both economic and social goals, forming the backbone of industries such as information technology, manufacturing, and services. After identifying its features, uses and relevance, the question arises as to how understanding
will enhance India’s economic development. A significant role of the private sector shapes India’s economic landscape. Starting from their contribution to gross domestic product, innovation and employment generation, they complement the public sector in terms of skills, technology and marketdriven strategies. The role of the private sector in the Indian economy has progressed at a good pace since liberalization in 1991. This role is quite evident through GDP, employment, infrastructure development and innovation.
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