Why does Indian planning place more emphasis on industrial development?OR
In industrial development in India government played a leading role. Why?
In industrial development in India government played a leading role. Why?
Download our app for free and get started
An economy can progress only if they have a good industrial sector providing a sound capital base.
It also provides employment which is more stable than the employment in agriculture. It promotes modernisation and overall prosperity by increasing incomes of the people. Indian planning, thus, placed more emphasis on industrial development.
It also provides employment which is more stable than the employment in agriculture. It promotes modernisation and overall prosperity by increasing incomes of the people. Indian planning, thus, placed more emphasis on industrial development.
Download our appand get started for free
Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*
Similar Questions
- 1View SolutionDo you think there is any contradiction between growth and self-reliance and growth and employment generation?
- 2View SolutionWhat structural changes do occupational sectors undergo as an economy develops?
- 3View SolutionExplain how import substitution can protect domestic industry.
- 4View SolutionGive the benefits of international trade.
- 5View SolutionHow did Green Revolution enable the government to procure sufficient foodgrains and build its buffer stocks?
- 6View SolutionDifferentiate between private sector and public sector. Give an example of each sector.
- 7View SolutionThe percentage share of agricultural sector in the exports of the country declined in the period 1950-1990. Why?
- 8View SolutionWhy do small scale industries need protection by the government?
- 9View SolutionWhy is India a leading exporter of handicrafts?
- 10View SolutionThe Industrial Policy Resolution, 1956 has categorized industries on the basis of ownership. Discuss.