Question

Giving valid reasons, state whether the following statements are true or false.
(i) India followed unbalanced growth during the colonial rule.
(ii) The economic policies implemented in India between 1950–1990 sought to promote regional equality.
(iii) India has become a favourable destination of outsourcing in the post-1991 period.

Hint:

Statements should be supported with valid and specific economic reasoning for clarity in exams.

Answer 1

True.
Reason: During colonial rule, the British focused on developing only those sectors which served their economic interests, such as railways, ports, and a few industries. Other sectors like agriculture and rural infrastructure were neglected, resulting in unbalanced growth.
True.
Reason: The Indian government adopted a planning system between 1950–1990 that aimed to reduce regional disparities through public investment in backward areas, establishment of public sector enterprises, and land reforms.
True.
Reason: After the 1991 economic reforms, India emerged as a global outsourcing hub due to availability of skilled human resources, technological advancement, low operational costs, and English proficiency among the workforce.