Q. With reference to Public Sector Undertakings (PSUs) being termed the ‘temples of modern India’, consider the following conceptual aspects:
1.This reflected Nehru’s view of PSUs as engines of equitable growth through trickle-down effects and employment generation.
2.PSUs were envisioned to provide profits for social sector development, like education and healthcare.
3.The term emphasized PSUs’ role in regional balance and self-sufficiency, beyond mere infrastructure.
Which of the statements given above is/are accurate?
Answer: D
Notes:
Explanation:
Statement 1: Correct. Nehru termed PSUs ‘temples of modern India’ to signify their role in equitable growth and employment via trickle-down effects
Statement 2: Correct. PSUs were intended to generate profits for social goods like education and healthcare, though many later incurred losses.
Statement 3: Correct. PSUs aimed at balanced regional development and self-sufficiency, extending beyond infrastructure to broader economic goals.
