The private sector comprises businesses and organisations not owned by the government. It plays a crucial role in the economy. This sector drives innovation and creates jobs. It includes small enterprises and large corporations. The private sector contributes significantly to GDP. It operates under market principles. Regulation exists to ensure fair practices. Its growth impacts public services and economic development.
The SHANTI Act, passed in the Winter Session of Parliament, marks a significant shift in India’s nuclear energy policy. It opens the sector to private operators and amends...