Question

Phase 3 of Industrial
Development during
planning period is also
known as ----
Period of Industrial
Deceleration
Building up strong Industrial
base
Period of industrial Recovery
Post Reform period
Submit​

Answer 1

Answer:

Phases of Industrial Development in India

Explanation:

Industrialisation during the British Rule

Indian Industry had a global presence before the advent of Britishers in India. Before the advent of British in India, India accounted for a quarter of World’s Industrial output.

The exports from India consisted of manufacturers goods like cotton, silk, artistic ware, silk and woollen cloth.

The First Phase (1950-1965): Industrial Sector at the Time of Independence

The main features of the Indian Industrial sector on the eve of the Independence were:

The Industrial sector was extremely underdeveloped with very weak infrastructure.

The lack of government support to the industrial sector was considered as an important cause of underdevelopment.

The Second Phase (1965-1980): The Period of Industrial Deceleration

The first three five-year plans mostly focused on the development of the Capital Good sector. As a result, the consumer goods sector was left neglected. The consumer goods sector also known as wage good sector is considered to be the backbone of the rural economy and its complete neglect had resulted in fall in the growth rate of industrial

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