Define characteristic of Indian Industrial growth strategy ?
plz answer.
Answers
Answer:
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Explanation:
Some of the Salient features of the strategy of Industrial development adopted by India during 1950-90 were as follows :
(a) Economic growth to be achieved during five year plans.
(b) Public enterprises to play an important role.
(c) Import substitution to be the centre of the process of industrialisation.
(d) Domestic industries to be developed along with small scale industries.
(e) Increase in export of industrial products.
(f) Development of information technology and electronics industries.
(g) Development of food processing industry.
(h) Emergence of consultancy services.
Answer:
An active process of industrialisation must be marked at least by systematic increases in two ratios: the ratio of industrial output to total national income and the ratio of the working force employed in secondary industry to the working force available for employment.
Explanation:
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