What changes have taken place in the process of industrialization of the country after independence?
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After independence, the government took over the 'commanding heights of the economy. ' This involved defence, transport and communication, power, mining and other projects which only government had the power to do, and which was necessary for private industry also to flourish.
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Naturally government jobs and employment have come down and private specially multinational companies and firms jobs have increased in India. (ii) Lincenses are no longer required to open industries definitely this policy have increased the chances of self-employment.
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