Economic Challenges In India

Q.1- MENTION SOME OF INDIA’S MOST ESSENTIAL ECONOMIC CHALLENGES FROM THE TIME OF INDEPENDENCE. (NCERT)

ANSWER:

ECONOMIC CHALLENGES FROM INDEPENDENCE TIME

  • The increasing dependence of a large proportion of the population on agriculture.
  • Use of Traditional methods of cultivation which results in low productivity and stagnation in the agricultural sector.
  • Destruction of world famous Indian Handicrafts.
  • Low level of development in the industrial sector.
  • The problem of a massive level of Unemployment and underemployment.
  • Lack of medical facilities leading to High infant mortality rate, low life expectancy, and literacy rate.
  • Widespread mass poverty because of natural calamities (famines, epidemics, etc.) and other socio-economic factors.

Q.2- WHAT WAS THE REASON OF LOW PRODUCTIVITY AND STAGNATION IN AGRICULTURE?

ANSWER:

  • Lack of new technology was responsible for low productivity and stagnation in agriculture.

Q.3- WHAT CAUSED HIGH RATE OF IMR AND LIFE EXPECTANCY?

ANSWER:

  • Poor Medical facilities caused a high rate of IMR and Life Expectancy.

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