At the time of independence what were the objectives that were desired to be achieved through industrialization?
Answers
The development of India into a modern industrialised country is a slow but
continuing process. Jana Hambrock and Sebastian Hauptmann provide a detailed
analysis of the Indian economy, referring to its historical and theoretical context, as
well as to its future prospects.
Introduction
To discuss the topic "The Indian approach to industrialisation", this essay is divided
into several parts. Firstly, the reasons for, and policies of industrialisation are
discussed. The theoretical framework is finished by identifying indicators to be used
in the evaluation of the success of such policies. The second section gives a rough
overview of the development of industrialisation in India since independence. The
third section goes into more detail and provides information about some specific and
important areas for industrialisation. The fourth section uses the defined indicators to
measure the success of India’s two main approaches to industrialisation and evaluates
the results. The fifth section describes the main problems India faces today and in the
future. Last but not least, the sixth section informs about current trends in Indian
policy.
Theoretical Framework for Industrialisation
Before analysing the Indian approach, we want to introduce the aims of
industrialisation, give a rough overview of the industrialisation strategies for Less
Developed Countries (LDCs) and identify indicators for the evaluation of the success of industrialisation policies
At the time of independence,
○They focused strongly on development of heavy industries such as steel, and
○on building large dams.
They were important because they emphasized on industrialization of India and were a part of 2nd five year plan.
Hope this helps you..