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Economics · 2024 · 3 marks
CBSE 2024 · Region 1 · Set 1 · Q28
(a) “During the colonial period, the occupational structure showed lopsided movements.” Do you agree with the given statement? Justify your answer…
(a)
“During the colonial period, the occupational structure showed lopsided movements.”
Do you agree with the given statement ? Justify your answer with valid arguments.
OR
(b)
Elaborate the reasons owing to which the private sector was regulated under the Industrial Policy Resolution, 1956.
Marking-scheme solution
Yes. The occupational structure during the colonial period showed lopsided movements as:
Parts of Madras Presidency, Bombay and Bengal witnessed a decline in the dependence of the workforce on the agricultural sector with a commensurate increase in the manufacturing and the services sectors.
There had been an increase in the share of workforce in agriculture in states such as Orissa, Rajasthan and Punjab.
The Industrial Policy Resolution, $\displaystyle 1956$ regulated the private sector through a system of licenses. This policy aimed at achieving regional equality. The government made it relatively easier to obtain an industrial license, for industrial units to be established in economically backward areas.
Moreover, to ensure judicious use of resources owned by the private sector, licenses were needed for expanding/diversifying output by existing industrial units.
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