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How did industrialization take place after independence in India?

How did industrialization take place after independence in India?

The early years of Indian industrialisation since 1947 to 1990-91: (i) The first modern industries in India were cotton, jute, coal mines and railways. (ii) In India’s mixed economy policy, some sectors were reserved for government, while others were open to the private sector.

What is prime moving force?

A prime moving force in an economy refers to a sector which has the potential to drive the growth of the entire economy. It has the ability to grow at a high rate, create large-scale employment, has a high value-addition, and productivity.

What were the effects of industrialization in India?

The end result was famine and poverty. Therefore, industrial revolution turned India into a source of raw materials for British industries as well as a market for its finished products. The Indian economy also dwindled because its industrialization process was slowed down. Poverty and starvation also became common.

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What were the problems of Indian industries?

Concentration of economic power in the hands of few, regional imbalances, sickness of industries, loss in public sector industries, unsatisfactory labour relations, lack of capital and industrial raw materials, changing policy of the government, and defective licensing policy are some of the problems which are …

What were the negative aspects of industrialization in India?

Some of the drawbacks included air and water pollution and soil contamination that resulted in a significant deterioration of quality of life and life expectancy. Industrialization also exacerbated the separation of labor and capital.

Was industrialization good or bad for India?

This shift in production negatively impacted India’s long-term industrial development. De-industrialization resulted in wide-spread famines, mass migrations (as weavers sought new jobs) and the de-stabilization of markets throughout the region.

What was the main problem of industrialization in India?

Poor Performance of the Agricultural Sector: Industrial development in India is very dependent on the performance of the agricultural sector. Thus, the poor performance of the agricultural sector resulting from natural factors is also another important factor responsible for industrial stagnation in the country.

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What were the problems faced by the Indian weavers due to industrialization?

By the turn of the nineteenth century, as British Industrialization took place, Indian weavers faced two problems- the collapse of their export market and the shrinking of their local markets which were flooded with cheap, imported British goods.

What are the effects of industrialization in India?

Indian farmers were forced to produce cotton plantation so that it can fuel English factories as India was then under British rule. 4. Industrial Revolution brought severe consequences to society. Farmers were forced to grow cash crops in place of food crops, which resulted in awfully deadly famines in India.

What effect did industrialization have on India?

What problems did industrialization cause?

Working hours were often long and wages were low and unemployment created problems for them. Housing and sanitation problems were also growing rapidly.