The correct answer is D. Providing the basis for industrialization.
The public sector in India is a major player in the economy, accounting for over 20% of GDP. It is responsible for providing a range of essential services, such as electricity, water, and transportation. The public sector also plays a role in promoting economic development and social welfare.
One of the main objectives of the public sector in India is to provide more economic power to the states. This is done through a variety of measures, such as providing financial assistance to state governments, investing in infrastructure projects, and promoting industrial development.
Another objective of the public sector is to provide public services. This includes services such as education, healthcare, and sanitation. The public sector also provides a range of social services, such as pensions, unemployment benefits, and housing assistance.
The public sector also plays a role in removing regional disparities. This is done through a variety of measures, such as investing in infrastructure projects in backward regions, providing financial assistance to backward regions, and promoting industrial development in backward regions.
Therefore, the objective of providing the basis for industrialization is not an objective of the public sector in India.