difference between the public sector and the private sector
The private sector is comprised of companies that are owned, maintained and regulated by individuals.Whereas the public sector includes different business operations that are owned and controlled by the Government.
Companies in the public sector get financial support from the government whereas companies in the private sector get no financial support from the government.
Example of the public sector: National Thermal Power Corporation, State Bank of India, Indian Oil Corporation Limited, Highway Authority Limited, Bharat Petroleum Corporation Limited, National.
Example of the private sector: Reliance Industries Limited, ICICI Bank, HDFC Limited.
