Question

Strength And Weakness of India’s trade Post Independence

Answer 1

Before independence the Indian trade was mainly handled by the East India Company's british officials.

But after independence the trading authorities were taken by the Indian entrepreneurs at that time.

Some weakness and strength of this post independence trade are:

Weakness:

1)The investment amounts decreased because the independent Indian economy was not so strong at that time.

2) The international trading was also degraded because independent Indian infrastructure was not so developed to operate trading in an international scale,like the East India company.

Strength:

1)Almost 100% of annual GDP was owned by our country.

2) The taxation amount and price amount were decreased.

Answer 2

Strength and Weakness of India’s trade Post Independence:

Strength

But after independence trading authority was taken by the Indian entrepreneurs. Almost 100% of the GDP was owned by our country. The taxation and price amount were decreased.  

Weakness

Before Independence Indian trade was mainly handle by the British official of East India Company.

The investment amounts decrease because the independent economy was not so strong at the time. The international trading was also degraded.