Question Label Comprehension

The private sector has today reached a stage of development and expertise where it can make a massive contribution to the country further economic development. The majority of India entrepreneurs. large and small. are patriotic men who do not ask for special favours or large profits, nor do they seek monopolies or any concentration of wealth and power. What they want are the opportunities to exercise their initiatives. their skills and their resources for the benefit of their stake holders and above all. to be allowed to get on with the job. Yet. mistrust of the private sector. particularly in large-scale industry, has been such as to impede seriously economic growth in the sixties and it now threatens to make it impossible for it to meet its target in the current plan.

If we, in private enterprise. are to play our legitimate role in the decade to come. it is clear to me that we must prove to the Govemment. to the Parliament and to the public in general that we deserve to be trusted. There is also the opposition from socialists in our country who, though opposed to violence and regimentation of communism. accept its economic policies in the mistaken belief that private enterprise is incompatible with the achievements of socialist goals and that even if it were, Indian businessmen and industrialists do not believe in those

Ques : The Socialist think that Indian businessman should not be trusted because

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