what are the main problems that industrial sector faced at the time of independence..???
Answers
Answer:
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
Answer:
Industrialization in India: Problems and Obstacles
Poor Capital Formation: ...
Political Factors: ...
Lack of Infrastructural Facilities: ...
Poor Performance of the Agricultural Sector: ...
Gaps between Targets and Achievements: ...
Dearth of Skilled and Efficient Personnel: ...
Elite Oriented Consumption: ...
Concentration of Wealth: