1.

How did the industrial sector perform after the independence? State the contribution of industries in generating employment and national income.

Answer»

Industries:

Post-independence India developed well in industrial sector. The contribution of industrial sector in employment and national income has increased over time.

Contribution in employment:
In 1950-51, the share of industries in employment was 10.6%. This increased to 18.2% in 2001 and further to 24.3% in 2011-12.

Contribution in national income:

  • In 1950-51, the share of industries in national income was 16.6%. This increased to 26% in 2013-14
    (Source: CSO i.e. Central Statistical Organization).
  • Today, 2/3rd of the export earnings are earned from the industrial sector.
  • Although the industrial sector is progressing, India cannot be called a completely industrialized nation.


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