industrial development in India slow and erratic answer long answer
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Problems Of Industrial Development Of India Although India has attained a ...industrial growth rate on India over the years have been uneven and erratic.This is because this period not only was there a slow down in the industrial ... This will require industry to grow at 105 p a.and manufacturing at 12 % during 11tTH plan.Industrial development in india was very slow and erratic because no steps were taken by british to protect the nascent indian industries. A policy of free trade was followed and the import duty levied on foreign goods was very low. Thus, indigenous goods had to face stiff competition from machine-made british goods.
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The following points highlight the twelve major obstacles in industrial development of India. The obstacles are: 1. Poor Capital Formation 2. Political Factors 3. Lack of Infrastructural Facilities 4. Poor Performance of the Agricultural Sector 5. Gaps between Targets and Achievements 6. Dearth of Skilled and Efficient Personnel and Others.
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