Which of the following was NOT a reason for emphasizing industrial development in the five year plans?
Industry doesn't require high investment
Solution: One of the main reasons for emphasizing industrial development in India's five-year plans was to modernize the economy, promote prosperity, and create stable employment opportunities. However, the statement that "Industry doesn't require high investment" is incorrect. Industrial development requires substantial capital investment in infrastructure, machinery, and research, making it a capital-intensive sector compared to agriculture and other industries.
Important Questions from Industrial Sector
Unemployment arising due to mismatch between Job availability in the market and skills of available worker is called?
In India, which of the following is NOT an objective of the National Manufacturing Policy?
Which of the following is NOT an aid or auxiliary to trade?
Who released a special stamp entitled ‘Wheat Revolution’ in July 1968?
Effect of The Industrial Policy, 1956 on industries was .
