After independence, India focused on setting up core industries. What were the reasons for this?
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So in 1948, it was decided that state would play the primary role in promoting the industrial sector. So the state would have absolute and complete control over all industries that were vital to the economy and the needs of the public. (i) The first modern industries in India were cotton, jute, coal mines and railways.
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The eight core industries are coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity. So in 1948, it was decided that state would play the primary role in promoting the industrial sector. ... After independence, the government took over the 'commanding heights of the economy.
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