“Indian Economy was backward at the time of independence”. Comment

1.	“Indian Economy was backward at the time of independence”. Comment on this statement.
Answer» Due to various exploitative policies of the Britishers, the Indian economy had severely weakened by the time of independence. The economic condition of various parts of the country was as follows: Condition of agriculture : During British era, 85 per cent of the population was directly or indirectly depend upon agriculture only. But agricultural development remained stagnant, and there was no technical reform in this. Condition of Industrial sector : The British imposed “free trade policy” in India forcibly, while imposing a protectionist policy in England. There was a dual objective behind decentralization of India. One, they wanted India to become a supplier of raw materials for modem industries developing in England, and two, they wanted India to become an extensive importer for their finished products. Condition of Infrastructure : The basic infrastructure is divided into 2 parts-Social infrastructure and Economic infrastructure. In both these spheres India couldn’t grow well.

“Indian Economy was backward at the time of independence”. Comment on this statement.

Answer»

Due to various exploitative policies of the Britishers, the Indian economy had severely weakened by the time of independence.

The economic condition of various parts of the country was as follows:

Condition of agriculture : During British era, 85 per cent of the population was directly or indirectly depend upon agriculture only. But agricultural development remained stagnant, and there was no technical reform in this.
Condition of Industrial sector : The British imposed “free trade policy” in India forcibly, while imposing a protectionist policy in England. There was a dual objective behind decentralization of India. One, they wanted India to become a supplier of raw materials for modem industries developing in England, and two, they wanted India to become an extensive importer for their finished products.
Condition of Infrastructure : The basic infrastructure is divided into 2 parts-Social infrastructure and Economic infrastructure. In both these spheres India couldn’t grow well.