Points to be learn :
- Industries in India
- Agriculture
- Policy of the Central Government
- Resources
- Tourism
- Import-export or foreign trade
- Internal trade
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Introduction :
- Industrial Finance Corporation of India was established in 1948 with the purpose of making available long term loans to industrial projects.
- Industrial Development Corporation was established in 1954 to bring about greater development of the industrial sector.
Some industries in India :
Some industries in India :
Textile industry :
- The textile industry forms 14% of the total industrial production.
- The textile industry includes the powerloom and handloom industries which are labour intensive.
- Textile Committee was established as per the Textile Committee Act, 1963.
- This Committee sets up quality standards for sale in the domestic (internal) market as well as for exports.
Silk industry :
- The silk industry functions under the Ministry of Textiles.
- The silk industry is primarily in the states of Karnataka, Andhra Pradesh, West Bengal and Jammu and Kashmir.
- Encouragement is given to spread and encourage this industry in the States with predominantly tribal populations.
- The research about the species of the silkworm and mulberry trees is done in the Seribiotic Research Laboratory at Bengaluru.
Jute industry :
- India is the top ranking country in jute production.
- India is a major exporter of jute products.
- Producing cloth, sack cloth and ropes from jute.
Hand sculpting :
- This is a labour intensive craft.
- Have a potential to provide large employment due to the capacity to absorb a large number of craftsmen.
- Required small investment, opportunities to earn profits are more.
- Due to export potential, possibility of earning more foreign exchange.
- Several cities have market mechanisms like ‘Dilli Haat’ which enables the craftsmen from rural and urban areas to get a market for their wares.
- As a result, the hand-sculpting (handicraft) industry has flourished.
Automobile industry :
- India is one of the major producers of the vehicles in the world.
- India exports vehicles to about 40 countries in the world.
- Therefore, in India Automobile industry is called the sunrise sector.
- Tractor industry in India is the largest in the world.
- One-third of the tractors manufactured world-wide are produced in India.
- Tractors manufactured in India are exported to Turkey, Malaysia and several countries in Africa.
Cement industry :
- This industry is one of the most technologically advanced industry.
- Cement industry playing important role in the development of housing and infrastructure.
- India is currently major producer of cement in the world.
Leather industry :
- It is a big industry in India and primarily export oriented.
- Leather industry has existed in India since the ancient times.
- In the ancient and medieval period, leather was used for making 'Masak' (water container), musical instruments like drum, dholak and the bellow used by the blacksmith.
- It was used to make footwear and shields.
- In present times, shoes, chappals, jackets, purses and belts are made from leather.
Salt industry :
- India is one of the top producers of salt in the world.
- The annual production of salt in India is 200 lakh tons.
- The production of iodised salt is 60 lakh tons.
Bicycle industry :
- India is a leading producer of bicycles in the world.
- Bicycles are made in the States of Punjab and Tamil Nadu.
- The main centre of bicycle manufacturing in India is Ludhiana.
- India exports bicycles to countries like Nigeria, Mexico, Kenya, Uganda and Brazil.
Khadi and village industry :
- The Khadi and Village Industries Commission was established to give impetus to industrialisation in rural areas.
- Main objective was to develop traditional industries, handicrafts cottage industries.
- Encourages use of materiel and human resources at local level.
- Makes villages self-reliant by locally creating employment.
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Agriculture :
- In India, agriculture is practised using traditional and modern methods.
- Agriculture and allied activities are major occupations in India, providing employment to men and women living in villages.
- Many agricultural tasks are performed using bullocks.
- Modern techniques, machines are also used for performing various agricultural tasks like drip irrigation, ploughing, sowing to harvesting, threshing, etc.
- Agriculture and animal husbandry is practiced in villages.
- 70% of the population depends on agriculture and its allied activities.
- It is practiced in different seasons and variety of crops are grown. Jowar, wheat, rice, pulses and oilseeds are mainly produced
- Horticulture (production of fruits and vegetables) and food processing has come up in recent times.
- India has become self-sufficient in food requirement due to application of modern techniques like drip irrigation, organic farming, etc.
Efforts made by the government to promote (encourage) agriculture :
Efforts made by the government to promote (encourage) agriculture :
In order to promote-encourage agriculture, the following steps are taken by the government,
- Loans are provided through cooperative banks.
- Encouragement is given by the government to farmers by providing loans, training and improved tools, good quality seeds and chemical fertilizers.
- Study visits, outdoor trips and get together are organized through Panchayat Samitis.
- Farmers are given training regarding soil testing, nursery, pisciculture, dairy farming, poultry, cattle and goat rearing are allied activities.
- Financial help is also given to build warehouses.
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Policy of the Central Government :
Policy of the Central Government :
The focus of the Fourth Five-Year Plan (1969-1974), was on the development of,
- pharmaceutical
- industry,
- motor-tractor industry,
- leather goods,
- textile industry,
- food processing industry,
- oil, colour,
- sugar industries.
To achieve this objective, the Industrial Licensing Policy was announced in 1970.
- According to the Industrial Licensing Policy of 1970, all those factories requiring an investment of more than 5 crore rupees were included in the category of heavy industries.
- The industrial houses and foreign companies were allowed to invest in heavy industries that were not reserved for the public sector.
- As a result of this policy, by the end of 1972, 3 lakh 18 thousand small industries were registered.
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Resources :
Following resources plays a major role in the industrial development of the country.
Mineral, Forest and Fisheries :
Mineral wealth :
- The availability of the minerals, iron and coal plays a major role in the industrial development of the country.
- India have adequate stores of iron, manganese, coal and mineral oil.
Forest resources :
- Forests provides raw material for industries like construction, paper, newsprint, silk, matchboxes, medicinal herbs, honey, lacquer and raw material needed for paint.
- Government has reserved some forests for the industries based on forests.
- The task of conservation of the forests is done by the central government, the State government and by the local people.
Fisheries :
Fisheries include sea water fish and fresh water fish found in rivers, canals, ponds and lakes.
For the growth of this industry,
- New harbours are built,
- Old harbours are redeveloped,
- Fish seed incubation centres and fishing industry training centres are established.
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Tourism :
- Tourism is an emerging industry due to India's rich cultural heritage, pilgrimage places in different regions and other places of interest.
- Tourists from abroad as well as within the country travel throughout the year.
- Tourism Development Corporation, along with hotel industries, take care of the lodging, boarding and travel needs of the tourists.
Job opportunities in the tourism sector :
Job opportunities in the tourism sector :
In India due to developed tourism industry employment opportunities increases in the various fields like, as a tourist guides, sale of curios and handicrafts and in hotel industries.
- Tourists from abroad and within India travel throughout the year.
- Tourists require lodging and boarding facilities which creates employment in the hotel industry.
- The hotels require food grains, vegetables, fruits, milk and many more goods. This provides employment opportunities to the people in adjoining rural areas.
- Tourists require guides to provide information.
- They require vehicles to reach their destination.
- They purchase curios and local handicrafts.
In this way, many employment opportunities are generated in the tourism sector.
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Import-export or foreign trade :
Import-export or foreign trade :
Import :
- When planning started in 1951, the import of industrial goods and raw material required for production increased,
- India imports petroleum products, machinery, technology, fertilizers, medicines, high quality iron and steel.
- India is required to make payment in foreign currency for such imports.
- In order to save foreign currency, encouragement is given to import substitution and development of technology.
Export :
- India also gave impetus to exports to gain valuable foreign exchange.
- Exports means selling of the goods to the other countries.
- From ancient times, India is engaged in export trade with the other countries. Export activity is important for the Indian economy as it earns foreign exchange.
- India’s exports included tea, coffee, spices, cotton textiles, leather, footwear, pearls, precious stones, etc.
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Internal trade:
- Internal trade is trade within the different region of the country.
- India’s internal trade takes place via railways, waterways, roads, airways, etc.
- Mumbai, Kolkata, Cochin and Chennai are important sea ports in India. .
- Internal trade in commodities like cotton textiles, rice, wheat, raw jute, iron and steel, oilseeds, salt and sugar takes place.