Industrial Development In India

In this twentieth century when science and technology develop gained unquestionable supremacy, the level of the industrial develop­ment of a impolite has become the yardstick to be applied to judge its sure instruction. All opposite progress has become meaningless; if a republic is technologically backward, it is backward irrespective of any another(prenominal) excellence it might have acquired. It is a well-known experimental condition that British Government never inten­ded to develop the industries in our country during pre-independence period. After independence the people of this country entertained senior high school hopes from the government for the betterment of their life it is the industrial development which provides raw material fiber infrastructure necessary for the development of the economy as a whole. Industrial Policy, 1948 and the Industries (Development and Regulation) Act, 1957 gave an idea of the attitude of the Government with study to the d evelopment of industries. But, it was only the adoption of planning in 1951 which created a accessible atmosphere for the development of industries. The history of organized intentness in India may be traced to 1854 when the real beginning of the cotton lurk industry was made in Bombay. The foundations of jute industry were determined bordering Calcutta in 1855, Coal-mining also progressed about this time.

There were the only major(ip) industries which had developed substan­tially before the First humans War. During and after orbit war I and II, a somewhat more liberal policy was adopted by the authorities, such as, a perspicacious protection policy, which gave impetus to i ndustrial development. Several industries de! veloped and a number of new industries came up but their production was unelaborated adequate nor diversified in character. The development of the economy can be measured with the help of different criteria, such as the growth rate in industrial out­put, industrys region to national income, and industrys contribution to employment. A close application of these...If you privation to get a full essay, order it on our website: OrderEssay.net

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