Question

State whether the following statement is true or false with reasons.

In post-independent India, government deliberately invested in public sector.

Options

• True

• False

Answer 1

This statement is True.

Reason: Post-independence India was reeling from the effects of colonial exploitation in the form of poverty and underemployment. It needed to modernise the economy towards self-reliance. To establish a welfare state and bring about a socialist pattern of the economy, more emphasis was given to the public sector.