2) What were the major items of import during 1950s and
1960s?
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Answered by
1
Answer:
capital goods and machineries
Answered by
0
Answer:
India faced serious food shortage during 1950s and 1960s. The major item of import at that time was foodgrain, capital goods, machinery and equipment. The balance of payment was adverse as imports were more than export in spite of all the efforts of import substitution.
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