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Standard XII
Economics
Russia's Development Model
Analyse the r...
Question
Analyse the role of the manufacturing sector in the economic development of India.
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Solution
1) Manufacturing sector has helped create stable employment in the Indian Economy which were not possible in agriculture.
2) It has helped promote modernisation and overall prosperity.
3) It has helped in making the agricultural sector more mechanised and hence more efficient.
4) The manufacturing sector helps in value addition of the raw materials and hence promotes research and development.
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