![]() |
|
![]() | ||
|
Subject:
Industrialization in post-independence India
Category: Business and Money Asked by: vicka_vcoll-ga List Price: $5.00 |
Posted:
05 Apr 2005 22:47 PDT
Expires: 05 May 2005 22:47 PDT Question ID: 505596 |
What determines the specific form that industrialization takes? |
![]() | ||
|
There is no answer at this time. |
![]() | ||
|
Subject:
Re: Industrialization in post-independence India
From: manved-ga on 06 Apr 2005 22:05 PDT |
The question is not very clear. Please elaborate |
Subject:
Re: Industrialization in post-independence India
From: cheyuta1939-ga on 08 Apr 2005 05:16 PDT |
The vision of the political leadership. Nehru, a true democrat, had left leanings. But he sought advise from both West and the East. West advised him to give preference and spend resources on agriculture. East advised him to industrialise and become self sufficient. Nehru combined both advices and 5 year plans started. Ist plan was preponderently agri based. A giant country like India takes time to gather momentum, and without a strong industrial base it is not possible. this was realised by the leadership. From IInd plan onwards the emphasis shifted to Industrialisation, starting with heavy and basic industries. There was shortage of resources both monetory and human. WG, Briton and Russia helped in various ways. A mixed economy model was adopted, i.e.,a mix of private and public sectors. Just before breakup of soviet union, Breznev toyed with the idea of adopting the Indian model for his country. But events moved too fast. The basic industries gave birth to ancilliaries. the Juggernaut started moving. what we see today are the fruits of this planning. Compare India with Pakisthan to see how vision of leadership makes a difference. chary |
Subject:
Re: Industrialization in post-independence India
From: myoarin-ga on 08 Apr 2005 10:40 PDT |
I could add that for a long time - into the 70s at least, or maybe well into the 80s - India was not friendly to foreign investment, which hampered industrialization and competition, so that there was less pressure for the existing Indian industrialists to modernize, the Tata group, for example, whose ?Ambassador? autos were 20 years (my number) behind the time in the early 1970s. And there was too much government involvement in industry and in labor relations. As a lawyer there told me in 1970, a serious problem was that socialist thinking gave support to labor, wanting to give employees a larger share of the cake, but unlike in Karl Marx? day, the companies were not owned by greedy, profiteering capitalists, but were government controlled and often unprofitable - no cake to share. I think industrialization only really picked up strongly when foreign control of ownership was liberalized, but someone else will have to put a date on that. |
Subject:
Re: Industrialization in post-independence India
From: cheyuta1939-ga on 09 Apr 2005 04:14 PDT |
Agreed that some mistakes were made and forign investment could have been allowed a bit earlier. But look at Indonesia which allowed foreign investment right from the begining. Japanese set up a No. of industries, but they were only assembly shops without any real transfer of technology. A strong industrial base was necessary at first and this has been provided by policy makers in India. |
Subject:
Re: Industrialization in post-independence India
From: ijazahmad-ga on 09 Apr 2005 21:59 PDT |
At the time of independence 1947,India was a big industrial state having 10th place on world industrial nation but the India does not show such progess compared to korea,taiwan,and now a days china is showing inspite of the fact the India always enjoyed a good political leadership. In my views, there were so many reason based on international politices and on internal policies.I fully agreed with the compents of "myoarin-ga" and will not repeat these again but also wish to add that indian industry has always enjoyed over protection which always give huge profit to investors and they have not feel any necessity to invest in technology and research compared to other countries. As fo the Foreign Investment is concerned, it is always bond with international politics.If you will see the history of last 50 year, main target of the big industrial nations, was to defete communism, so they made heavy investment in far east to increase the per capita income of the region. It give good result,living standard of people increased and it help to counter the communist movement successfully. Since last 20 year all investment,from europe,usa,japan etc. is going to china and in my views the basic reason is to defeate socialism/communism and they are very successfull in their task and china is not the same china now a days which it was back 20 year or more. If some one say that investment is going to china for huge market only that it also should come to indian subcontinent also which is same size market as the china is but the reality is very different. Ijaz Ahmad Lahore Pakistan |
If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you. |
Search Google Answers for |
Google Home - Answers FAQ - Terms of Service - Privacy Policy |