ICSE Class 9 Answered
Name any three limitations of the industrial development in India.
Asked by Topperlearning User | 08 Jun, 2015, 12:27: PM
Expert Answer
Limitations of the industrial development in India are:
- Disparity between targets and achievements: Over the planning periods, the achievements of the entire industrial growth were much below the targets, except in 1980s.
- Under performance of public sector: During the first four decades of the planning period, the growth of public sectors was very high as the government emphasised more on their development. Even though these public sectors incurred huge losses, their aim was to maximise the social welfare of the nation.
- Regional imbalances: Industrial growth in India is not even in nature. Industries are concentrated in only few states and the rest of the states are lagging behind in their performance.
Answered by | 08 Jun, 2015, 02:27: PM