Question

five points on current situation of industrial development in India​

Answer 1

Answer:

The main features of the Indian Industrial sector on the eve of the Independence were:

There were majority of consumer goods industries vis-à-vis producer goods/capital goods industries resulting in lopsided industrial development. The ratio of consumer goods industries to producer good/capital goods industry was 62:38 during the early 1950s.

The Industrial sector was extremely underdeveloped with very weak infrastructure.

The lack of government support to the industrial sector was considered as an important cause of underdevelopment.

The structure and concentration of ownership of the industries were in few hands.

Technical and Managerial skills were in short supply.

As a result of these shortcomings, the national leadership reached on a consensus that economic sovereignty and economic independence lay in the rapid industrialisation including the development of Industrial Infrastructure.

Explanation:

The main features of the Indian Industrial sector on the eve of the Independence were:

There were majority of consumer goods industries vis-à-vis producer goods/capital goods industries resulting in lopsided industrial development. The ratio of consumer goods industries to producer good/capital goods industry was 62:38 during the early 1950s.

The Industrial sector was extremely underdeveloped with very weak infrastructure.

The lack of government support to the industrial sector was considered as an important cause of underdevelopment.

The structure and concentration of ownership of the industries were in few hands.

Technical and Managerial skills were in short supply.

As a result of these shortcomings, the national leadership reached on a consensus that economic sovereignty and economic independence lay in the rapid industrialisation including the development of Industrial Infrastructure.

Answer 2

Explanation:

The main features of the Indian Industrial sector on the eve of the Independence were:

There were majority of consumer goods industries vis-à-vis producer goods/capital goods industries resulting in lopsided industrial development.

The ratio of consumer goods industries to producer good/capital goods industry was 62:38 during the early 1950s.

The Industrial sector was extremely underdeveloped with very weak infrastructure.

The lack of government support to the industrial sector was considered as an important cause of underdevelopment.

The structure and concentration of ownership of the industries were in few hands.

Technical and Managerial skills were in short supply.