What was the condition of indian economy on the eve of independence?
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Heya..
On the eve of Independence the condition of our economy was so backward and stagnant....
* AGRICULTURAL.....
Agricultural sector was facing the problem of mediators , high interest rate, have taxes, lack of technologies , and so more problems....
* INDUSTRIAL....
At the eve of Independence our industrial sector had been lost his world reputation and defeted by British products and also lack of modernization of Indian industries....
*OCCUPATIONAL....
Most of the concentration was on agricultural that is backwards and no more development of secondary and tertiary sector...
* FOREIGN TRADE.....
Composition of trade was very unbalance large of exports of raw material that is surplus but not used by us that is used by Britishers for their administration...
On the eve of Independence the condition of our economy was so backward and stagnant....
* AGRICULTURAL.....
Agricultural sector was facing the problem of mediators , high interest rate, have taxes, lack of technologies , and so more problems....
* INDUSTRIAL....
At the eve of Independence our industrial sector had been lost his world reputation and defeted by British products and also lack of modernization of Indian industries....
*OCCUPATIONAL....
Most of the concentration was on agricultural that is backwards and no more development of secondary and tertiary sector...
* FOREIGN TRADE.....
Composition of trade was very unbalance large of exports of raw material that is surplus but not used by us that is used by Britishers for their administration...
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