Economics · Economic History of India
Which of the following facts best reflects the failure of structural transformation in the Indian economy/agriculture sector during the period of 1950-1990?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1About 65% of the country's population continued to rely on agriculture✓
- 2The industrial sector successfully absorbed most excess labor
- 3The agricultural workforce declined rapidly
- 4Agricultural GDP doubled over this period
Correct answer
About 65% of the country's population continued to rely on agriculture
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