what is meant by systematic de industrialisation policy what are reasons for this
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The process of de-industrialisation is an economic change in which employment in the manufacturing decline due to various economic or political reasons. ... The process of de-industrialisation can be due to development and growth in the economy and it can also occur due to political factors.
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The status of industrial sector during the British rule can be well defined by the term 'systematic deindustrialisation'. The cause of deindustrialisation can be attributed to the downfall of India's handicraft industry and the cause of bleak growth of modern industry was the lack of investment.
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