All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Commerce Exam  >  Commerce Questions  >  The social and economic challenges before ind... Start Learning for Free
SaveJoin the Discussion on the App
The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons?
Clear all your Commerce doubts with EduRev
Most Upvoted Answer
The social and economic challenges before india were enormous at the t...
Introduction: India gained independence from British rule in 1947. At the time of independence, India faced numerous social and economic challenges that were daunting and overwhelming. In this response, we will discuss the reasons why this statement is true.

Economic Challenges:

  • Low per capita income: India's per capita income was very low at the time of independence, and the country was considered one of the poorest in the world.

  • Dependence on agriculture: India's economy was heavily dependent on agriculture, which was not a very profitable sector.

  • Lack of infrastructure: There was a severe lack of infrastructure in India, including roads, railways, and ports.

  • Unemployment: There was a high rate of unemployment in India, and the country was facing a severe shortage of jobs and opportunities.

  • Foreign exchange reserves: India had very low foreign exchange reserves, which made it difficult to import essential goods and services.



Social Challenges:

  • Illiteracy: At the time of independence, illiteracy was rampant in India, and a significant portion of the population was unable to read or write.

  • Healthcare: Healthcare facilities were limited, and many people did not have access to basic medical services.

  • Discrimination: Discrimination based on caste, gender, and religion was prevalent in India, and it was a significant challenge to eradicate this social evil.

  • Population growth: India's population was growing at an alarming rate, which put a strain on the country's resources.

  • Communal tensions: There were communal tensions between different religious groups, which sometimes led to violent clashes.



Conclusion: In conclusion, it is evident that India faced enormous social and economic challenges at the time of independence. However, despite these challenges, India has made significant progress in the last few decades and has emerged as a major economic and political power in the world.
Community Answer
The social and economic challenges before india were enormous at the t...
According to me at the time of Independence India faced major challenges .. 1) agriculture seems to be in very poor condition . 2) Deindustrialization persued by colonial government in India . So their were very few industries. 3) Economy of India seems to be lowest among all the countries it is even difficult for average person to take proper balance diet.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Similar Commerce Doubts

Read the following hypothetical text and answer the question that follow:The performance of the Indian economy during the period of first seven five-year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producersbut we failed to promote a strong export surplus. Although the public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSUs) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSUs continued to function because it was difficult to close a government undertaking even it is a drain on the country's limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So, the need for reform of economic policy was widely felt in the context of changing the global economic scenario to achieve desired growth in the country.Q. Read the following statements - Assertion (

Read the following passage and answer on the basis of the same : The subject-matter of economics is divided into two major branches—Microeconomics and Macroeconomics. Microeconomics studies the economic behaviour of individual economic units and individual economic variables, whereas macroeconomics deals with the functioning of the economy as a whole. Macroeconomics dealswith the broad economic aggregates or bigger issues, such as full employment, unemployment, full capacity, under capacity production, inflation or deflation, etc. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth, etc. Whereas, microeconomics is concerned with the theory of product pricing, factor pricing and consumer behaviour, etc.Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause and effect behavioural relationships and includes the development and testing of economic theories. Positive economics is objective and facts based. Whereas normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Normative economics is subjective and value based.For example, the statement, “government-provided healthcare increases public expenditures” is a positive economic statement and the statement, “government should provide basic healthcare to all citizens” is a normative economic statement.Q. What do you mean by Positive Economics?

Top Courses for CommerceView all

Top Courses for Commerce

The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons?
Question Description
The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons?.
Solutions for The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? defined & explained in the simplest way possible. Besides giving the explanation of The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons?, a detailed solution for The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? has been provided alongside types of The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? theory, EduRev gives you an ample number of questions to practice The social and economic challenges before india were enormous at the time of independence . do you agree with this statement ? give reasons? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses

Suggested Free Tests

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup