May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 37: The Joint Sector | 473 |
OBJECTIVES
The broad objectives of the joint sector as emanating from the vari-
ous policy documents, research studies and comments of policy
analysts can be summarized as follows:
(i) Acceleration of industrial growth and balanced regional
development: From the standpoint of state-level promotional
agencies, bringing about fast-track industrial growth and bal-
anced regional development seems to be an important objective
of the joint sector.
9
Many states have rich natural endowments
but lack the risk capital to commercially exploit the resources.
The states were, therefore, expected to play an active role in
promoting investment to these areas. The joining of SIDCs
and the private sector could accelerate ...
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