Importance and problems of rural industrialisation in india
Answers
Importance of Industrialization in India
In the interest of economy, rapid industrialization is important for generating employment opportunities, utilization of all types of resources, promotion of education, training and research, improving the productivity of labor and balanced regional development.
Industrial growth brings a rapid increase in the national income of the country.
In order to reduce the continued increasing pressure of exploding population on our developing economy, rapid industrialization is a must.
Land is limited in area but industrialization has unlimited scope.
To set up large number of industrial units we can create more employment opportunities and absorb a large number of unemployed youths.
Agriculture cannot use all resources. So, industrialization is a must to make use of our resources.
Industry can make use of waste materials.
Industrialization widens horizon of our understanding and enables us to go through education and researches. Thus it will prove the quality of our manpower.
We can use more capital and technologies.
We can have division of work and specialization in the industry.
This will result in the improvement of productivity of labor.
Industrialization is capable of removing regional disparities because barren lands can be used for this purpose.
No fertile land and means of irrigation are needed for industrialization.
Industrialization will raise the standard of living of our people.
Problems of rural industrialization in India
* Unbalanced industrial structure
* Low demand
* Regional concentration
* Loss in public sector industries
* Industrial sickness
* Lack of infrastructure
* Improper location base
* Lack of capital
In the interest of economy, rapid industrialization is important for generating employment opportunities, utilization of all types of resources, promotion of education, training and research, improving the productivity of labor and balanced regional development.