Question
What was the extent of contribution of industry to the Indian economy at the time of independence? What was a consequence of this state on the Indian economy?
Answer :
Word Count : 243
At the time of independence in 1947, the contribution of industry to the Indian economy was relatively small. The industrial sector accounted for only about 10–15% of the national income, with the majority of the population dependent on agriculture for livelihood. The industrial base was narrow and largely confined to a few sectors such as textiles, jute, iron and steel, _________ _____ _____ _____ ________.
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At the time of independence in 1947, the contribution of industry to the Indian economy was relatively small. The industrial sector accounted for only about 10–15% of the national income, with the majority of the population dependent on agriculture for livelihood. The industrial base was narrow and largely confined to a few sectors such as textiles, jute, iron and steel, _________ _____ _____ _____ ________.
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