Class 11 Economics - Indian Economic Development - Chapter Indian Economy 1950-1990 NCERT Solutions | Why, despite the implementation of the g
Why, despite the implementation of the green revolution, 65 percent of our population continued to be engaged in the agriculture sector till 1990?
Although Indian agricultural production increased substantially that enabled India to attain the status of self-sufficiency in food grains but this increase is substantial only in comparison to food grain production in the past. Further, India failed to achieve structural transformation associated with the agricultural revolution and development. That is, in other words, the industrial and service sector failed to generate significant employment opportunities in order to attract and absorb excess agricultural labour. The agricultural contribution to GDP has fallen from 51% in 1960-61 to 44% in 1970-71, on the other hand, the share of industry and service sector in India's GDP increased merely from 19% to 23% and from 30% to 33% during the same period. Meantime, the percentage of population dependent on agriculture decreased merely from 67.50% (in 1950) to 64.9% (in 1990). Hence, the industrial and service sector growth was not very significant and, hence, failed to employ and attract surplus labour from the agricultural sector. This may be because of the flaws in the economic policies that became the bottleneck for the growth of the secondary and tertiary sector.
More Questions From Class 11 Economics - Indian Economic Development - Chapter Indian Economy 1950-1990
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Why was the public sector given a leading role in industrial development during the planning period?
- Q:-
Match the following:
1. Prime Minister
2. Gross Domestic Product3. Quota
4. Land Reforms
5. HYV Seeds
6. Subsidy
A. Seeds that give large proportion of output
B. Quantity of goods that can be importedC. Chairperson of the planning commission
D. The money value of all the final goods and services produced within the economy in one year.
E. Improvements in the field of agriculture to increase its productivity
F. The monetary assistance given by government for production activities.
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What is marketable surplus?
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What is the Green Revolution? Why was it implemented and how did Does it benefit the farmers? Explain in brief.
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Explain ‘growth with equity’ as a planning objective.
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Why was it necessary for a developing country like India to follow self-reliance as a planning objective?
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Why and how was the private sector regulated under the IPR 1956?
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Why should plans have goals?
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Define a plan?
- Q:-
Why did India opt for planning?
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