India had an economy on the eve of independence?
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It is a known fact that over 70% of India's National Income comes from its agricultural activities. ... And over 85% of the country's population lived in villages where livelihood completely depended on agriculture. The Indian economy on the eve of independence with respect to agriculture was disheartening.
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In the Indian economy on the eve of Independence, agriculture was our principal source and sector of occupation with almost 72.7% of the working population engaged in this sector of the economy. On the other hand, only 10.2% of the working population were engaged in the manufacturing or industrial sector.02-Feb-2021
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