industries are considered as backbone of nation give reasons
Answers
because of our country relating to the industry only when the industry down problem is that
(i) Manufacturing sector helps in modernising agriculture which increases agricultural productivity.
(ii) Since a huge portion of India's population is dependent upon agricultural income, the manufacturing sector diminishes the heavy dependence of people on agriculture and provides jobs to a large number of people in the industrial as well as the service sectors.
(iii) It reduces poverty as well as unemployment from the country. The development of the manufacturing sector also aims to minimise regional disparities by setting up industries in tribal and backward regions of the country.
(iv) The export of manufactured goods expands trade and commerce.
(v) The export of a wide variety of manufactured goods to other countries also brings in foreign exchange which leads to economic development of the country.
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