1.

State whether the following statements are true or false with reason.In post-independent India, the government deliberately invested in the public sector.

Answer»

This statement is True.

  • Post-independence India was reeling from the effects of colonial exploitation in the form of poverty and underemployment.
  • It needed to modernize the economy towards self-reliance. To establish a welfare state and bring about a socialist pattern of the economy, more emphasis was given to the public sector.


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