DMPQ-Evaluate the development of Industries in India in the Inter-War Period (1919-38).
No country under colonial dependence could undertake any industrial transformation, if not all-round development. Up to the First World War, India experienced the classic period of imperialism of free trade and the British Government’s unsympathetic, hostile policy against industry. In addition, shortage of capital, management experience and technical expertise, as well as the absence of … Read more