Question

explain the changes in the undian economy in the last decades of 20th century

Answer 1

$\huge{Question :-}$explain the changes in the undian economy in the last decades of 20th century

$\huge{Answer :-}$

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i) Swadeshi and Boycott Movements : The launching of Swadeshi and Boycott Movements after the Partition of Bengal provided impetus to indian industries. There was an increase in the demand of Indian goods, especially of clothes.

(ii) Industrial groups : Industrial groups had also organised themselves to protect their collective interests, pressurising the government to increase tariff, the protection, and grant other concessions.

(iii) Decline of exports to China : From 1906. moreover, the export of Indian yarn to China declined since produce from Chinese and Japanese mills had flooded the Chinese markets.