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What was the primary reason for the radical change in the character and functioning of the Government after India's independence?
- a)Increasing participation of the state in industry and trade
- b)Decreasing participation of the state in industry and trade
- c)Increasing role of foreign countries in India's economy
- d)Decreasing role of foreign countries in India's economy
Correct answer is option 'A'. Can you explain this answer?
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What was the primary reason for the radical change in the character an...
With the increasing participation of the state in industry and trade, a large number of public undertakings were established. These public undertakings became important instruments of planned development, leading to a radical change in the character and functioning of the Government after independence.
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What was the primary reason for the radical change in the character an...
Increasing participation of the state in industry and trade
The primary reason for the radical change in the character and functioning of the Government after India's independence was the increasing participation of the state in industry and trade. This shift was a result of the economic policies adopted by the newly independent Indian government.
Reasons for increasing state participation:
- The Indian government, under the leadership of Jawaharlal Nehru, adopted a socialist approach to economic development. This involved the state taking an active role in promoting industrialization and economic growth.
- The government believed that the private sector alone would not be able to achieve rapid industrialization and economic development. Therefore, it decided to establish public sector enterprises to drive industrial growth.
- The state also played a key role in regulating and controlling various sectors of the economy through licensing and other regulatory mechanisms.
Impact of increasing state participation:
- The government's intervention in the economy led to the establishment of a large number of public sector enterprises in key industries such as steel, coal, and telecommunications.
- The state's involvement in industry and trade had a significant impact on the overall economic structure of the country, shifting the balance of power from the private sector to the public sector.
- The government's policies also had implications for the functioning of the economy, as the state became a major player in resource allocation and decision-making.
In conclusion, the increasing participation of the state in industry and trade was a fundamental aspect of the radical change in the character and functioning of the Government after India's independence. This shift towards a more interventionist approach to economic development had far-reaching implications for the country's economic structure and functioning.
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What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer?
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What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer?.
What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer?.
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What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of What was the primary reason for the radical change in the character and functioning of the Government after Indias independence?a)Increasing participation of the state in industry and tradeb)Decreasing participation of the state in industry and tradec)Increasing role of foreign countries in Indias economyd)Decreasing role of foreign countries in Indias economyCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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