Normally countries shift from agriculture to industry and then later to services, but India shifted directly from agriculture to services. What are the reasons for the huge growth of services vis-a-vis industry in the country? Can India become a developed country without a strong industrial base?
Structural Shift Anomalies: Service-Led Growth vs. Manufacturing Lag
All UPSC Mains previous year questions mapped for Structural Shift Anomalies: Service-Led Growth vs. Manufacturing Lag under Post 1991 LPG Reforms.
UPSC Mains Previous Year QuestionsShowing 3 PYQs
exports. Suggest measures for more labour-intensive rather than capital-intensive exports. How would the recent phenomena of protectionism and currency manipulations in world trade affect macroeconomic stability of Protectionism India?
“Industrial growth rate has lagged behind in the overall growth of Gross-Domestic-Product(GDP) in the post-reform period” Give reasons. How far the recent changes in Industrial Policy are capable of increasing the industrial growth rate?
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