Economy, asked by tigalasharif, 5 months ago

the estate of Indian Industries at
23 What was
the time of
of Independence ?​

Answers

Answered by spsharvesh2008
0

India at the time of independence was an agrarian economy (A country where primary sector is responsible for 50% of the GDP, but now it is not so even though a large number of people still depend on primary sector for employment). Secondary: Manufacturing or industrial sector.

(i) The first modern industries in India were cotton, jute, coal mines and railways. After independence, the government took over the 'commanding heights of the economy. (iv) The government also tried to encourage the small-scale sector through special incentives and assistance.

The state of Indian Industrial sector on the eve of independence was as follows: (a) De-industrialisation—Decline of Indian Handicraft Industry. Britishers followed the policy of systematically de-industrialising India.

Answered by sangmayaraju123
1

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