Major causes involved in the process of industrialisation in colonial india
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1. Poor Capital Formation:
Poor rate of capital formation is considered as one of the major constraint which has been responsible for slow rate of industrial growth in India.
2. Political Factors:
During the pre-independence period, industrial policy followed by the British rulers was not at all favourable for the interest of the country. Thus, India remained a primary producing country during 200 years of British rule which ultimately retarded the industrial development of the country in its early period.
3. Lack of Infrastructural Facilities:
India is still backward in respect of its infrastructural facilities and it is an important impediment towards the industrialization of the country. Thus in the absence of proper transportation (rail and road) and communication facilities in many parts of the country, industrial development could not be attained in those regions in-spite of having huge development potentialities in those areas.
Poor rate of capital formation is considered as one of the major constraint which has been responsible for slow rate of industrial growth in India.
2. Political Factors:
During the pre-independence period, industrial policy followed by the British rulers was not at all favourable for the interest of the country. Thus, India remained a primary producing country during 200 years of British rule which ultimately retarded the industrial development of the country in its early period.
3. Lack of Infrastructural Facilities:
India is still backward in respect of its infrastructural facilities and it is an important impediment towards the industrialization of the country. Thus in the absence of proper transportation (rail and road) and communication facilities in many parts of the country, industrial development could not be attained in those regions in-spite of having huge development potentialities in those areas.
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