• Environment

  Industrial system.

  Posted by Aruja on May 20, 2021 at 9:42 pm

  Explain the industrial system.

  Ishita replied 2 years, 8 months ago 2 Members · 1 Reply
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  Ishita

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  August 4, 2021 at 7:19 pm

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  Industrial development is extremely important for the expansion of each country. It can make a crucial impact on the economy,lifestyle and development of a rustic . Indian began the economic development after the independence on 1947. Now the economic system has become more developed duento the advance technology and modern techniques. Approximately 70% of the of India’s pollution has received their livelihood from the agriculture. an outsized number of industries has been developed within the post independence period. the most parts of indus­trialisation this century are electronics, transport and telecommunication. Compared to other countries, industrialis­ation in India is extremely little. About 10 per cent of the entire workers are employed within the organised industrial sector. The private and public sectors have grown side by side. the most important industrialists were members of the Central Advisory Council and Development Council. the economic rate of growth was fluctuating between 2 to 12 per cent. Industries features a powerful connects within the economic sectors. the assembly of luxury goods, control of monopolies, sluggish rate of agricultural development and lots of issues has become an obstacles in industrial development. Despite these issues investments privately sector are increasing. India has started collaborating with USA, UK, Russia, France, Germany, Italy, Japan which prove the progress in industrial system. India has become the fastest developed country.
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