Economics · Indian Economy
What was a major feature or limitation in achieving structural transformation in the Indian economy during the period 1950-1990?
- 1A majority of the workforce remained dependent on agriculture despite a decline in its share of GDP✓
- 2Industrial growth rate remained lower than agriculture
- 3Agricultural exports exponentially surpassed imports
- 4Agricultural production completely stagnated
Correct answer
A majority of the workforce remained dependent on agriculture despite a decline in its share of GDP
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